Economic Development Corporation

City Hall - Council Chambers

Agenda — 25 items

1. 1 AGENDA
2. 1. CALL TO ORDER
3. 2. ROLL CALL
4. 3. CITIZENS' COMMUNICATIONS
5. 5 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. 4. TREASURER'S REPORT
7. A) Presentation and discussion on the February 2025 Treasurer’s Report 25-204
8. 5. EXECUTIVE SESSION
9. 9 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:
10. A) Deliberate and consider the purchase, exchange, lease, contract terms, due diligence, or value of real property in accordance with Section 551.072 of the Texas Government Code: 1. A-154 SUR-34 H FOSTER - ACRES: 0.942, 1.169, 1.14, 1.0, and 2.437 2. Additional prospective real estate purchases 25-205
11. B) Deliberate issues regarding economic development negotiations in accordance with Section 551.087 of the Texas Government Code: 1. Project Nemo 2. Project Ellie 3. Project Shoot 4. Project Beacon 5. Northeast Lakeview College 6. Texas Tito’s 25-207
12. C) 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. IBEX Generator 25-220
13. 6. APPROVAL OF MINUTES
14. A) Approval of the December 11, 2024 special-called meeting minutes 25-208
15. 7. DISCUSSION AND POSSIBLE ACTION
16. A) Presentation and update on the Headwaters at the Comal Phase II project 25-209
17. B) Presentation and update from the Brauntex Performing Arts Theatre 25-30
18. 8. ADVISORY TEAM REPORT
19. A) Presentation and discussion on the Annual Economic Report & Benchmark Study 25-218
20. 9. EXECUTIVE SESSION
21. 21 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:
22. A) Deliberate issues regarding economic development negotiations in accordance with Section 551.087 of the Texas Government Code: 1. Headwaters at the Comal 25-221
23. 10. ADJOURNMENT
24. 24 CERTIFICATION
25. 25 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.