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The City Council unanimously approved a resolution supporting reimbursement of future debt proceeds for new headquarters buildings and facilities for New Braunfels Utilities, with expected obligations capped at $190 million. The council also unanimously approved the consent agenda except Item I, including up to $1.3 million for right-of-way and easements for the Common Street Project.
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The utilities resolution allows eligible project expenses for new headquarters facilities to be reimbursed with proceeds from future debt; it does not state that the full $190 million has been issued. The council also approved several routine budget, contract, property, and ordinance items, including funding for Common Street right-of-way. Staff received direction to research possible towing-fee fuel surcharges, electric-vehicle towing rules, and a two-year review, but no towing ordinance changes were adopted.
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