PRESENTER: Presenter
Jeff Jewell, Economic and Community Development Director
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SUBJECT: Title
Presentation, discussion, and possible action to amend the existing parkland lease with the City of New Braunfels to allow subleasing.
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DEPARTMENT: Economic and Community Development
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COUNCIL DISTRICTS IMPACTED: 4
BACKGROUND INFORMATION:
On February 7, 2024, the NBEDC held a public hearing and approved a project expenditure of $8,000,000 for the purchase of 130.49 acres in northwest New Braunfels to be used for economic development projects and future park space within the New Braunfels Parks System. City Council approved the project expenditure on February 12, 2024.
On September 15, 2026, the NBEDC voted unanimously to enter a five-year lease, at no cost, with the City of New Braunfels to allow public trail access on the property. City Council approved the lease at their September 28, 2026 meeting.
The proposed amendment would allow the City to sublease the property to users. The purpose of the sublease is for land management and maintenance issues.
ISSUE:
The Parks Department desires to authorize additional access on the parkland property. The existing lease agreement does not allow subleasing. A lease amendment must be approved to allow the City of New Braunfels to sublease portions of the property.
STRATEGIC PLAN REFERENCE:
☐Economic Mobility ☐Enhanced Connectivity ☐Community Identity
☐Organizational Excellence ☐Community Well-Being ☐N/A
FISCAL IMPACT:
There is no fiscal impact to amend the existing lease between the NBEDC and the City of New Braunfels to allow subleasing.
Recommendation
RECOMMENDATION:
Staff recommends approval of the sublease.