Economic Development Corporation

CITY OF NEW BRAUNFELS, TEXAS ECONOMIC DEVELOPMENT CORPORATION MEETING HONORS HALL 390 S. SEGUIN AVE. WEDNESDAY, AUGUST 7, 2024 at 5:00 PM Special Called AGENDA 1. CALL TO ORDER 2. ROLL CALL 3. CITIZENS' 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. 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 and consider the purchase, exchange, lease, 24-1019 contract terms, due diligence, or value of real property, in accordance with Section 551.072 of the Texas Government Code: 1. A-1 SUR-1 AM Esnaurizar, up to 100 acres B) Deliberate pending/contemplated litigation, settlement 24-1020 offer(s), and matters concerning privileged and unprivileged client information deemed confidential by Rule 1.05 of the Texas Disciplinary Rules of Professional Conduct in accordance with Section 551.071, of the Texas Government Code, specifically: 1. A-1 SUR-1 AM Esnaurizar, up to 100 acres 5. DISCUSSION AND POSSIBLE ACTION A) Public hearing, discussion, and possible action 24-1021 approving a project expenditure of up to $2,000,000 for additional due diligence costs and financing interest related to the previously approved project for the City of New Braunfels, Texas Page 1 Posted On: 8/2/2024 1:02:39PM  Economic Development Corporation Agenda August 7, 2024 purchase up to 100 acres out of the AM Esnaurizar Survey No. 1, Abstract 1, Comal County, Texas, pursuant to section 501.101 of the Texas Local Government Code. Robert Camareno, City Manager Jonathan Packer, President Chamber of Commerce 6. 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 (830) 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: 8/2/2024 1:02:39PM