Speaker numbers apply only to this recording. Names come from transcript evidence. “Possibly” marks uncertain attribution.
The New Braunfels Economic Development Corporation (NBEDC) held a regular meeting on September 15, 2026, at City Hall. Key topics included a proposed Comal River Master Plan, an update on the Mayfair community development, a proposed contract extension for the 210 S. Castell project, approval of a lease for public park access, and an extension of a feasibility period for a land purchase. The board also heard public comments and entered executive session for economic development negotiations.
The board convened in executive session at 6:17 PM to discuss economic development negotiations for eight named projects per Texas Government Code Section 551.087. The board returned to open session at 6:36 PM with no action taken.
Corporation meeting on September 15th, 2026 at 5 p.m. Can I get a roll call? Don Austin here. Kristen Carden. Here. Tara Thompson. Here. Larry Hammonds. Here. President Hines. Here. Thank you, Mr. Becker. Roll approval of the minutes. Approval of the August 13, 2026, regular meeting minutes. I'll entertain a motion. I'll make a motion to approve. Second. I have a motion from Dr. Cardin and a second from Director Austin. All those in favor? Aye. Aye. And the minutes are approved unanimously. Item four citizens communication. This is a time for citizens to address the this board on issues and items of concerns not on this agenda. There will be no board action at this time. David Warmkey District 5. Um, I've got some brief comments for you, and they'll probably make all of you uncomfortable. Um, but they're a view that I've been looking at for a while in honing. We just went through a budget process, 120 million dollars for general fund. The property tax amount of that is about 30 million. If you look at funds diverted from the general fund through TERS and through 4B, TERS is about 2.6 million, and that's property tax dollars, and TURS in 4B is about 12 million sales tax dollars. You add those up, that's 15 million dollars. That is 50 percent of the property tax that we collect each year. So if we didn't divert anything, our property tax rate instead of being 41 cents would be 20. It's a very large amount of money that y'all are handling, and it's growing. Sales tax is growing at a bigger and bigger percent of the city income. You had an annual report and a application for funding the city you're paying for services last night at City Council 26 annual report, incomplete