Economic Development Corporation

City Hall - Council Chambers

Agenda — 20 items

1. 1 AGENDA
2. 1. CALL TO ORDER
3. 2. ROLL CALL
4. 3. APPROVAL OF MINUTES
5. A) Approval of the April 17, 2025 regular meeting minutes 25-551
6. 4. CITIZENS' COMMUNICATIONS
7. 7 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.
8. 5. TREASURER'S REPORT
9. A) Presentation and discussion on the May 2025 Treasurer’s Report 25-552
10. 6. DISCUSSION AND ACTION
11. A) Presentation, discussion, and update on proposed changes to the Coll/Castell Parking Lots 25-565
12. B) Public hearing, discussion, and possible action approving a project expenditure, of up to $75,000, for escrow and due diligence funding to support the Gruene 16 project, pursuant to Section 505.102 of the Texas Local Government Code. 25-568
13. C) Public hearing, discussion, and possible action approving a project expenditure, of up to $1,200,000, to Alamo Colleges District - Northeast Lakeview College for Phase 1 construction of a primary job training facility and career center, pursuant to Sections 501.101 and 501.105 of the Texas Local Government Code. 25-567
14. 7. EXECUTIVE SESSION
15. 15 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:
16. A) Deliberate issues regarding economic development negotiations in accordance with Section 551.087 of the Texas Government Code: 1. HD Supply 2. Northeast Lakeview College 3. Project Ellie 4. Project Shoot 5. Project Nemo 25-573
17. B) Deliberate pending/contemplated litigation, settlement 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. Continental Automotive Systems, Inc. 25-621
18. 8. ADJOURNMENT
19. 19 CERTIFICATION
20. 20 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.