Economic Development Corporation

City Hall - Council Chambers

Agenda — 21 items

1. 1 AGENDA
2. 1. CALL TO ORDER
3. 2. ROLL CALL
4. 3. APPROVAL OF MINUTES
5. A) Approval of the June 24, 2025 workshop meeting minutes 25-845
6. B) Approval of the June 24, 2025 regular meeting minutes 25-846
7. 4. CITIZENS' COMMUNICATIONS
8. 8 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.
9. 5. TREASURER'S REPORT
10. A) Presentation and discussion on the July 2025 Treasurer’s Report 25-847
11. 6. DISCUSSION AND POSSIBLE ACTION
12. A) Public hearing, discussion, and possible action approving a Third Amendment to the Contract between the New Braunfels Economic Development Corporation (NBEDC) and HD Supply Facilities Maintenance, Ltd., to modify the percentage of sales taxes rebated and extend the existing contract term, pursuant to Section 501.101 of the Texas Local Government Code. 25-840
13. B) Public hearing, discussion, and possible action approving an economic development incentive, of up to $950,000 to Lefko USA, Inc., pursuant to Section 501.101 of the Texas Local Government Code. 25-848
14. C) Public hearing, discussion, and possible action approving an additional project expenditure of up to $3,800,000, to Alamo Colleges District - Northeast Lakeview College for a primary job training facility and career center, pursuant to Sections 501.101 and 501.105 of the Texas Local Government Code 25-849
15. D) Public hearing, discussion, and possible action approving a project expenditure, of up to $240,000, to fund the Dry Comal Creek Floodplain Remapping Project, pursuant to Section 505.152 of the Texas Local Government Code. 25-850
16. 7. EXECUTIVE SESSION
17. 17 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:
18. A) Deliberate issues regarding economic development negotiations in accordance with Section 551.087 of the Texas Government Code: 1. The Neue 2. Project Shoot 25-883
19. 8. ADJOURNMENT
20. 20 CERTIFICATION
21. 21 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.