Economic Development Corporation

CITY OF NEW BRAUNFELS, TEXAS NEW BRAUNFELS ECONOMIC DEVELOPMENT CORPORATION MEETING CITY HALL - COUNCIL CHAMBERS 550 LANDA STREET THURSDAY, FEBRUARY 17, 2022 at 5:00 PM AGENDA - AMENDED FEBRUARY 14, 2022 1. CALL TO ORDER 2. ROLL CALL 3. APPROVAL OF MINUTES A) Approval of the minutes of the January 19, 2022 regular 22-073 meeting. 4. TREASURER'S REPORT A) Treasurer’s Report - Jared Werner, Assistant City 22-074 Manager 5. 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. 6. DISCUSSION AND ACTION A) Public hearing, discussion and possible approval of up to 22-030 $1,200,000 to the Brauntex Performing Arts Theatre Association for a renovation project. B) Public hearing, discussion and possible action approving 22-079 a project expenditure of up to $122,500 to the Spark Small Business Center to assist with the operation of an economic development program. C) Update on Elizabeth Avenue capital project 22-084 D) Presentation and discussion of the NBU Headwaters at 22-078 the Comal Project E) Presentation and discussion of Agreements and 22-085 Obligations associated with the purchase of Union Pacific Railroad property in downtown New Braunfels. 7. EXECUTIVE SESSION City of New Braunfels, Texas Page 1 Posted On: 2/14/2022 12:27:52PM  New Braunfels Economic Development Corporation A February 17, 2022 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 22-038 Negotiations in accordance with Section 551.087 of the Texas Government Code. 1. NBU Headwaters at the Comal 2. Texas Tito’s 3. Ultimate Top Drives 4. Project Locked 5. HD Supply B) Deliberate the purchase, exchange, lease or value of 22-097 real estate in accordance with Section 551.072 of the Texas Government Code. 1. HD Supply Gruene 16, Block 1, Lots 1-3 2. Union Pacific 8. 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: 2/14/2022 12:27:52PM