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The New Braunfels Economic Development Corporation unanimously approved a FY26 contract of up to $250,000 for the SPARK Small Business Center to operate an economic development program. The board also reported that adjusted August sales tax collections increased 5.1% year over year and received an update on the Gruene 16 Project.
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The approved funding supports SPARK Small Business Center operations during the FY26 program year, including business training and assistance. The Gruene 16 Project is expected to return to the Corporation and City Council for a development agreement in January 2026, with execution targeted for the second quarter of 2026. The board took no action on economic development negotiations discussed in executive session.
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