Economic Development Corporation

CITY OF NEW BRAUNFELS, TEXAS NEW BRAUNFELS ECONOMIC DEVELOPMENT CORPORATION MEETING CITY HALL - COUNCIL CHAMBERS 550 LANDA STREET THURSDAY, DECEMBER 16, 2021 at 4:00 PM 1. CALL TO ORDER 2. ROLL CALL 3. CITIZEN'S COMMUNICATIONS This is the time for members of the public to address the board regarding any topics not included on this agenda. There will be no board action at this time. 4. APPROVAL OF MINUTES A) Approval of Minutes from October 21, 2021 Regular 21-1349 Meeting and October 22, 2021 Board Workshop. 5. TREASURER'S REPORT A) Treasurer’s Report - Jared Werner, Assistant City 21-1350 Manager 6. ADVISORY TEAM REPORT A) Advisory Team Report - Jonathan Packer, Chamber of 21-1351 Commerce 7. DISCUSSION ITEMS A) Presentation and discussion of a proposed project 21-1355 expenditure to Texas Tito’s for an expansion project to promote business enterprises that create or retain primary jobs. B) Discuss and consider the election of 2022 officers to the 21-1373 New Braunfels Economic Development Corporation board 8. DISCUSSION AND ACTION A) Presentation and discussion of Economic Indicators 21-1369 Report B) Public hearing, discussion and possible approval of up to 21-1352 $300,000 to TaskUs, Inc. for a project found by the board of directors to promote or develop new or expanded business enterprises that create or retain City of New Braunfels, Texas Page 1 Posted On: 12/16/2021 12:25:07PM  New Braunfels Economic Development Corporation A December 16, 2021 primary jobs. C) Public hearing, discussion and possible approval of up to 21-1353 $1,400,000 to the Brauntex Performing Arts Theatre Association for a renovation project. 9. EXECUTIVE SESSION In accordance with the Texas Government Code, Section 551.071, the Board reserves the right to retire into executive session concerning the items listed on this agenda to consult with its attorney. In addition, the Board may convene in executive session on any of the following items, with any final action being taken in open session: A) Deliberate issues regarding economic development 21-1358 negotiations in accordance with Section 551.087, of the Texas Government Code, including but not limited to: Ch. 380 Agreement with HD Supply Facilities Maintenance, Ltd. B) Project Trifecta 21-1356 10. ADJOURNMENT CERTIFICATION I hereby certify the above Notice of Meeting was posted on the bulletin board at the New Braunfels City Hall. _____________________________________ Board Liaison NOTE: Persons with disabilities who plan to attend this meeting and who may need auxiliary aids or services such as interpreters for persons who are deaf or hearing impaired, readers, or large print, are requested to contact the City Secretary’s Office at 221-4010 at least two (2) work days prior to the meeting so that appropriate arrangements can be made. City of New Braunfels, Texas Page 2 Posted On: 12/16/2021 12:25:07PM