Consider/Discuss/Act on a First Amendment to Project Grant #17-04, Originally Awarded to Craig Ranch Luxury Hotel SPE Owner LP, Approved on June 26, 2025, for an MCDC Loan in the Amount of Ten Million Two Hundred Fifty Thousand and NO/100 Dollars ($10,250,000.00) and an MCDC Grant in the Amount of Twenty-Five Million and NO/100 Dollars ($25,000,000.00) for Partial Funding for the Construction of a JW Marriott Resort Hotel.

What this record is

Held by

Craig Ranch Luxury Hotel SPE Owner LP

Amount

$25.0M

Runs until

Not stated in the agenda text — the term is normally in the signed agreement, attached to the original item ↗

Type

amendment

Field

Construction

construction contracts in TX that end within a year →
Governments publish the end date in the award. That date is when the work goes back out to bid, and it is usually stated years ahead.

Read automatically from the title of the official record. The source document below is authoritative.

Committee

McKinney Community Development Corporation

Introduced

January 8, 2026

On agenda

January 22, 2026

Passed

January 22, 2026

Where it was heard

McKinney Community Development Corporation Jan 22, 2026 Approved Pass

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