Summary

Council Approves $25 Million Utility Financing

New BraunfelsJun 8, 20262 min read

At a glance

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The council unanimously approved issuing up to $25,005,000 in taxable utility-system revenue program notes for interim financing of eligible utility projects.

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City Council

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TransportationBudget & TaxHousingUtilities

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What this means

The financing gives the city’s utility system temporary funding for eligible project costs. The council also authorized New Braunfels Utilities to pursue easements through eminent domain if negotiations fail, supporting expansion of water capacity and reliability. Two requests to allow short-term rentals were approved, one with opposition.

Key decisions

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Approved, unanimously, up to $25,005,000 in taxable utility-system revenue program notes for interim financing of eligible utility projects.
Approved, unanimously, authorization for New Braunfels Utilities to use eminent domain proceedings if necessary to obtain a 0.005-acre permanent utility easement and a 0.042-acre temporary construction easement for water-system expansion.
Approved a zoning change for approximately 0.3 acres at 1258 West San Antonio Street to allow a short-term rental residence; the motion passed with opposition from Mayor Pro Tem Spradley and Councilmember Labowski.
Approved unanimously a zoning change for approximately 0.2 acres at 284 Perryman Street to allow a short-term rental residence.
Directed staff to develop a Charter Review Commission application process with a maximum of seven members, with each council member selecting a nominee; no formal action was taken.
Approved the consent agenda unanimously, including an Americans with Disabilities Act right-of-way data agreement, a roadway impact fee report, fiber internet and enterprise TV services, a public right-of-way license agreement, a New Braunfels Utilities land-sale authorization, and the Solms Landing Public Improvement District annual service plan update and assessment roll.

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