Page 14 - OM McKinney National Airport Land

ADMINISTRATION AND IMPLEMENTATION

Administrative costs, including reasonable charges for the time spent by City of McKinney employees, CCADC employees
and/or employees associated with any non-profit groups established to assist with implementation within TIRZ No. 2 will be

eligible for reimbursement as project costs, upon approval by the TIRZ Board of Directors and in connection with the
implementation of TIRZ No. 2 Project Plan and Financing Plan. Other related administrative expenses including legal fees
and consulting fees, including planning, engineering and design fees, of the City, management expenses, meeting
expenditures and equipment are included in this category.

MASTER PLAN UPDATE 2016-17

The City of McKinney will conduct an Airport Master Plan Update (MPU) during FY 2016 and 17 because it is required to
maintain an updated Airport Layout Plan (ALP) and property record on file with the Texas Department of Transportation,
Division of Aviation and the Federal Aviation Administration (FAA). The ALP and property record are significant components
of a Master Plan because they are created from data that is collected and analyzed during the master planning process.

COMING TOGETHER TO PLAN FOR THE FUTURE

The MPU process is not only designed to plan for future airport expansion and development, it is also designed to bring city
and county staff and elected officials, business community leaders and citizens together to plan for the future of air

14