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McKinney Texas Form W-4V: What You Should Know

The City Council of the Borough of McKinney, Texas, hereby approved a master plan and a financing plan. As set forth in Section A:3.a and subsection an of Section A-10 of the master plan and Section a.6 of the financing plan, the purpose of the project plan and the master plan is to: a. Encourage development by providing a conducive business environment; a. Provide a variety of land uses, including: residential apartments, commercial, commercial office, hotels, restaurants, shopping mall, and entertainment venue; b. Promote walking and transit access; and c. Promote a pedestrian experience in the City of McKinney, to the maximum extent that the zoning and other governmental constraints permit. b. Encourage economic vitality, economic development, and job creation in McKinney, by creating a business friendly atmosphere; and c. Develop the City's transportation system. c. Protect the environment by maximizing the opportunities for a sustainable approach to development and increasing the livability, health and general quality of life and recreational opportunities within the zone. d. Support environmentally sound and efficient practices by: a. Encouraging private sector investments and private sector employment in McKinney by allowing for a range of development styles, including mixed use, residential apartments, apartment dwellings, shopping malls, restaurants, and other residential, industrial, and retail use. b. Encouraging development of the McKinney Greenway through public funding. c. Promoting the development of an efficient transit system with dedicated bus lanes, and other public transportation options, as well as alternative transportation modes, such as bicycle, foot, and public transit and park and ride. The zone is not limited to residential development, but is designed to allow for a variety of land use choices in the city. The zone covers more than 600 acres. Development would be allowed on any parcel of land in excess of 10 acres or the width of a sidewalk. All properties in the zone are for the exclusive use of residents of the district. The zone is also intended to preserve the park, the downtown business district, sidewalks and other public open space, along with the historical district surrounding the McAllen-McKinney border. The zone is designed to provide for a greater safety and well-being for the occupants and visitors, including individuals with disabilities, as well as the environment. The plan provides for a variety of open space and pedestrian connectivity throughout the zone. The plan encourages multi-modal transportation including walking, transit, bicycle use, and public transit.

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