Economic Development Corporation

CITY OF NEW BRAUNFELS, TEXAS NEW BRAUNFELS ECONOMIC DEVELOPMENT CORPORATION MEETING CITY HALL - COUNCIL CHAMBERS 550 LANDA STREET THURSDAY, JANUARY 20, 2022 at 5:00 PM 1. CALL TO ORDER 2. ROLL CALL 3. CITIZEN'S COMMUNICATIONS This time is for citizens to address the Board on issues and items of concerns not on this agenda. There will be no Board action at this time. 4. APPROVAL OF MINUTES A) Approval of Minutes from December 16, 2021 regular 21-1459 meeting. 5. TREASURER'S REPORT A) Treasurer’s Report - Presentation 21-1460 6. ADVISORY TEAM REPORT A) Advisory Team Report - Presentation 21-1461 7. DISCUSSION AND ACTION A) Public hearing, discussion and possible action approving 21-1464 an expenditure of up to $297,000 to Texas Tito’s for a project to create and retain up to twenty-nine (29) jobs. B) Presentation and discussion of a proposed performance 21-1463 agreement between the New Braunfels Economic Development Corporation and Ultimate Top Drives, Inc. for the creation of up to twenty-four (24) jobs C) Presentation and discussion of a contract renewal with 21-1466 the Spark Small Business Center to operate the Small Business Development Center through September 30, 2022 D) Presentation and discussion of Alligator Creek Master 21-1462 Plan and Preliminary Design. E) Discussion and possible action adopting the Second 21-1469 Amendment to the Contract between the New Braunfels Economic Development Corporation and HD Supply City of New Braunfels, Texas Page 1 Posted On: 1/13/2022 4:59:24PM  New Braunfels Economic Development Corporation A January 20, 2022 Facilities Maintenance, Ltd. 8. 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 21-1477 Negotiations in accordance with Section 551.087 of the Texas Government Code. 1. Ultimate Top Drives, Inc. 2. Brauntex Performing Arts Theatre Association 3. Headwaters at the Comal 4. Project Kingdom 5. Project Hamlet 9. 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: 1/13/2022 4:59:24PM