{"MatterTextId":32864,"MatterTextGuid":"BCE6B529-6A31-4E06-A84A-CC26C78D8063","MatterTextLastModifiedUtc":"2026-10-07T20:36:56.97","MatterTextRowVersion":"AAAAAAFcx3E=","MatterTextMatterId":30989,"MatterTextVersion":"1","MatterTextPlain":"..Title\nConsider/Discuss/Act on an Ordinance Amending the Fiscal Year 2026-2027 Annual Budget and Amending the 2027-2031 Capital Improvements Program to Provide Funds for the Regional Sports Facility Project (PK2344)\n\n..Summary\n\nCOUNCIL GOAL:\tEnhance the Quality of Life in McKinney\t\t\t\n5.1: Create affordable recreational and cultural arts activities for all ages throughout the city.\n5.3: Develop sustainable quality of life improvements within the City of McKinney\n5.5: Enhance connectivity to parks & civic facilities, schools/education centers, libraries, health care providers, commercial corridors, etc. \n\n\nMEETING DATE:\tOctober 20, 2026\n\nDEPARTMENT: \tParks and Recreation\n\nCONTACT:  \tAmy Kinkade, Director of Parks and Recreation\n\n\nRECOMMENDED CITY COUNCIL ACTION:\t\nApproval of Ordinance. \n\nITEM SUMMARY:  \nThis ordinance amends the FY2026-2027 Annual Budget and the 2027-2031 Capital Improvements Program by appropriating $500,000 from the Parks Construction Fund and $500,000 from a developer contribution to the Regional Sports Facility Project (PK2344).\n\nBACKGROUND INFORMATION:  \nThis amendment will provide funds for Parkhill, Smith & Cooper, Inc. to begin the planning, designing and preparing for the development of the 300-acre regional sports park.  \n\nThe corresponding MOU with Parkhill & HD Sports & Entertainment and the preliminary design contract with Parkhill are both recommended for approval in separate items on this same agenda.  \n\nFINANCIAL SUMMARY:  \nThe budget shall be amended by appropriating $500,000 from the Park Construction Fund balance and $500,000 from a developer contribution to the Capital Improvement Program for the Regional Sports Facility project (PK2344).\n\nUpon approval of this item, $1,168,966 will be available in PK2344.\n\n\nBOARD OR COMMISSION RECOMMENDATION:\nThe Parks & Recreation Board was briefed on this item October 8, 2026.\n","MatterTextRtf":"{\\rtf1\\fbidis\\ansi\\ansicpg1252\\deff0\\deflang1033\\deflangfe1033{\\fonttbl{\\f0\\fswiss\\fprq2\\fcharset0 Arial;}{\\f1\\froman\\fprq2\\fcharset2 Symbol;}{\\f2\\froman\\fprq2\\fcharset0 Times New Roman;}}\n\\viewkind4\\uc1\\pard\\ltrpar\\qj\\b\\f0\\fs24 ..Title\\par\n\\b0 Consider/Discuss/Act on an Ordinance Amending the Fiscal Year 2026-2027 Annual Budget and Amending the 2027-2031 Capital Improvements Program to Provide Funds for the Regional Sports Facility Project (PK2344)\\i\\par\n\\i0\\par\n\\b ..Summary\\par\n\\par\n\\pard\\ltrpar COUNCIL GOAL\\b0 :\\tab Enhance the Quality of Life in McKinney\\tab\\tab\\tab\\par\n\\pard\\ltrpar\\li2880 5.1: Create affordable recreational and cultural arts activities for all ages throughout the city.\\par\n5.3: Develop sustainable quality of life improvements within the City of McKinney\\par\n5.5: Enhance connectivity to parks & civic facilities, schools/education centers, libraries, health care providers, commercial corridors, etc. \\par\n\\pard\\ltrpar\\par\n\\b\\par\nMEETING DATE:\\tab\\b0 October 20, 2026\\par\n\\b\\par\n\\pard\\ltrpar\\tx2160 DEPARTMENT:\\b0  \\tab Parks and Recreation\\b\\par\n\\pard\\ltrpar\\par\n\\pard\\ltrpar\\tx2160 CONTACT:\\b0   \\tab Amy Kinkade, Director of Parks and Recreation\\par\n\\par\n\\b\\par\n\\pard\\ltrpar\\qj RECOMMENDED CITY COUNCIL ACTION:\\tab\\par\n\\pard\\ltrpar\\fi-360\\li720\\tx720\\b0\\f1\\'b7\\tab\\f0 Approval of Ordinance. \\b\\par\n\\pard\\ltrpar\\li360\\par\n\\pard\\ltrpar\\qj ITEM SUMMARY:  \\par\n\\pard\\ltrpar\\fi-360\\li720\\qj\\tx720\\b0\\f1\\'b7\\tab\\f0 This ordinance amends the FY2026-2027 Annual Budget and the 2027-2031 Capital Improvements Program by appropriating $500,000 from the Parks Construction Fund and $500,000 from a developer contribution to the Regional Sports Facility Project (PK2344).\\par\n\\pard\\ltrpar\\li360\\qj\\par\n\\pard\\ltrpar\\b BACKGROUND INFORMATION: \\b0  \\par\n\\pard\\ltrpar\\fi-360\\li720\\qj\\tx720\\f1\\'b7\\tab\\f0 This amendment will provide funds for Parkhill, Smith & Cooper, Inc. to begin the planning, designing and preparing for the development of the 300-acre regional sports park.  \\par\n\\pard\\ltrpar\\li720\\qj\\par\n\\pard\\ltrpar\\fi-360\\li720\\qj\\tx720\\f1\\'b7\\tab\\f0 The corresponding MOU with Parkhill & HD Sports & Entertainment and the preliminary design contract with Parkhill are both recommended for approval in separate items on this same agenda.  \\par\n\\pard\\ltrpar\\li360\\qj\\par\n\\pard\\ltrpar\\b FINANCIAL SUMMARY:  \\par\n\\pard\\ltrpar\\fi-360\\li720\\qj\\tx720\\b0\\f1\\'b7\\tab\\f0 The budget shall be amended by appropriating $500,000 from the Park Construction Fund balance and $500,000 from a developer contribution to the Capital Improvement Program for the Regional Sports Facility project (PK2344).\\par\n\\pard\\ltrpar\\li720\\qj\\par\n\\pard\\ltrpar\\fi-360\\li720\\qj\\tx720\\f1\\'b7\\tab\\f0 Upon approval of this item, $1,168,966 will be available in PK2344.\\par\n\\pard\\ltrpar\\li720\\f2\\fs20\\par\n\\pard\\ltrpar\\li720\\qj\\f0\\fs24\\par\n\\pard\\ltrpar\\b BOARD OR COMMISSION RECOMMENDATION:\\par\n\\pard\\ltrpar\\fi-360\\li720\\b0\\f1\\'b7\\tab\\f0 The Parks & Recreation Board was briefed on this item October 8, 2026.\\b\\par\n}\n"}