CONTRACTAPPROVED

City of New Braunfels city Awards $4,500,000 Economic Development Incentive Contract to 210 S Castell (December 2024)

City of New Braunfels city logoCity of New Braunfels city
Disclosed value
$4,500,000
From agenda
Approved
Dec 11, 2024
Term
10 years

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THE 30-SECOND BRIEF

What it covers

Economic development incentive approved for 210 S. Castell, LLC, totaling $4.5 million over 10 years. The incentive supports open space improvements and entertainment facilities, with an initial $2 million reimbursement upon completion and $250,000 annual payments contingent on operation and public access.

Who holds it

210 S Castell holds this economic development incentive contract with City of New Braunfels city.

What happens next

Term as filed: 10 years.

Contract details

Contract type
Economic Development Incentive
Amount
$4,500,000
Document date
December 11, 2024
Term
10 years
Source document
city_of_new_braunfels_economic_development_corpora.pdf (Agenda)

210 S Castell's other public contracts

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Questions about this contract

Who was awarded the economic development incentive contract by City of New Braunfels city?

210 S Castell was awarded this economic development incentive contract by City of New Braunfels city, as recorded on December 11, 2024. The contract value is $4,500,000.

How much is the 210 S Castell contract with City of New Braunfels city worth?

The 210 S Castell contract with City of New Braunfels city is valued at $4,500,000, covering economic development incentive work.

What type of contract is this?

This is a Economic Development Incentive contract, documented as a agenda record.

Where was this contract approved?

This contract appears in city_of_new_braunfels_economic_development_corpora.pdf (Agenda), dated December 11, 2024 from City of New Braunfels city. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does 210 S Castell hold?

210 S Castell may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

What is City of New Braunfels city currently buying?

Explore City of New Braunfels city's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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