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25-127

Discuss and consider the approval of a Chapter 380 Economic Development Agreement between the City of New Braunfels, Texas and Costco Wholesale Corporation in an amount up to $1.5 million of the City’s share of the sales tax generated from the Costco property over a term not to exceed 8 years.

Recommendation Passed Introduced January 21, 2025

What this record is

Amount
$1.50M
Runs until
no end date published in this record
Type
contract

Read automatically from the title of the official record. The source document below is authoritative.

Committee
City Council
Introduced
January 21, 2025
On agenda
February 10, 2025
Passed
February 10, 2025

Where it was heard

City Council Feb 10, 2025 approved Pass