McKinney, Texas Development News

McKinney Considers Revisions to Parkland Dedication Ordinance and Fees

The City Council discussed proposed updates to the parkland dedication ordinance, focusing on adjusting fees in lieu of dedication, particularly for infill developments near downtown. Staff presented options for a citywide cap and a downtown-specific cap, aiming to balance revenue generation with incentivizing development. The council also considered updating park development fees based on current construction costs, with a decision pending further discussion. Council members expressed a leaning towards a downtown-specific cap to address unique challenges in that area. A separate discussion touched upon park development fees, with concerns raised about the timing of potential increases due to current economic conditions.