Bond program to focus on the development of the McKinney National Airport, three Council seats up for consideration
McKINNEY, Texas (Feb. 7, 2023) – The McKinney City Council voted to call an election where voters will consider one general obligation bond proposition and three Council seats. The general and special election is scheduled for May 6. Early voting takes place April 24–May 2.
A bond committee made a recommendation to the McKinney City Council to call for a $200 million bond package for future development at the McKinney National Airport and capital projects outlined in its master plan. Video of the bond committee presentation.
City Council has made maximizing the development potential of McKinney National Airport one of the six pillars of the City Council Goals and Strategies. City Council approved the airport’s long-term master plan in 2018. The goal of a master plan is to provide the framework needed to guide future airport development that will allow the airport to keep pace with aviation growth and demand cost-effectively while also considering potential environmental and socioeconomic impacts.
General Obligation Bond Election
McKinney voters will cast ballots “for” or “against” the proposition. General obligation bonds are funds borrowed by the city for specific public purposes. Authorization to borrow must be approved by voters and are repaid with property tax revenue.
Proposition: “The issuance of $200,000,000 general obligation bonds for the city’s airport facilities and the imposition of a tax sufficient to pay the principal of and interest on the bonds.”
City Council Election
Voters will elect representatives for one At Large seat plus the District 2 and the District 4 seats. For individuals interested in learning more about running, the Candidate Packet is available online at the elections webpage. Hardcopies of the Candidate Packet are available upon request from the City Secretary at City Hall, 222 N. Tennessee St. The deadline to file is Friday, Feb. 17 at 5 p.m.
For additional voting information, visit www.mckinneytexas.org/vote. For more information on the commercial terminal project at the McKinney National Airport, visit www.FlyTKI.com/commercial.