F O R I M M E D I A T E R E L E A S E
February 12, 2019
CONTACT: Robert Camareno, City Manager
550 Landa Street
New Braunfels, TX 78130
rcamareno@nbtexas.org
830-221-4280
City of New Braunfels 2019 Bond Special Election Called
New Braunfels, TX — On Monday, February 11th, New Braunfels City Council voted unanimously to call a Bond Program Special Election on May 4, 2019. The election is the culmination of a one-year development process that included the formation of a City Council appointed Bond Advisory Committee (BAC), sixteen public input meetings, preliminary engineering reports and cost projections, vetting and ranking on an initial slate of potential projects by the BAC, and final selection by City Council.
The Bond Program Development Process
January – March 2018
The BAC reviewed and received information on a list of 155 potential projects. Through a vetting process that included public input, the projects were reduced to a prioritized list of 21 viable projects for City Council consideration.
April – September 2018
Council added to the list of projects and directed staff to perform preliminary engineering and cost estimating reports.
October – November 2018
The BAC received preliminary engineering reports and cost estimations for each project as well as additional public input. The BAC then forwarded their recommendations to Council.
November 2018 – February 2019
City Council evaluated and finalized the 2019 Bond Program projects and called for a May 2019 election.
Proposition 1: Streets
Goodwin/Conrads Lane Reconstruction: $21,397,150
Klein Road Reconstruction - Phase 2: $13,000,800
Citywide Streets Improvements: $15,000,000
Additional Streets Funding (the extensions of RM 306 and Business 81): $3,114,540
Total Streets Investment: $52,512,490
Application of Roadway Impact Fees: ($8,000,000)
Total Bond Proceeds - Proposition 1: $44,512,490
Proposition 2: Parks and Recreation
All Abilities Park Enhancements: $500,000
Comal Cemetery Wall Stabilization: $5,262,500
Sports Fields Complex Construction - Phase 1: $25,784,920
Total Parks and Recreation Investment: $31,547,420
NBEDC contribution - Sports Fields Complex Phase 1: ($15,000,000)
Total Bond Proceeds - Proposition 2: $16,547,420
Proposition 3: Public Safety
Fire Station #2 Replacement: $7,367,500
Fire Station #3 Replacement: $6,736,000
Police Department Facility: $36,311,250
Total Public Safety Investment: $50,414,750
Total Bond Proceeds - Proposition 3: $50,414,750
Proposition 4: Library
Westside Community Center expansion: $5,525,340
Total Library Investment: $5,525,340
Total Bond Proceeds - Proposition 4: $5,525,340
2019 Bond Program Investment
Total Future Investment: $140,000,000
Tax Notes - Preliminary Engineering Reports: $3,000,000
Total Investment: $143,000,000
Application of Roadway Impact Fees: ($8,000,000)
NBEDC Contribution to Sports Fields Complex - Phase 1: ($15,000,000)
Total Bond Issuance - 2019 Bond Program: $120,000,000
These investments are projected to result in a total of $120M in debt issuance, which includes the $3M already issued for the preliminary engineering reports and $117M for bond projects, which will appear on the May ballot.
“Input from public meetings and our biennial Citizen Survey formed the basis of the development of this program,” City Manager Robert Camareno said. “The City Council also values partnerships, which is reflected through the NBEDC’s participation. The Council understands that good government listens to what is important to its citizens, and this is certainly displayed in the projects offered in this bond program.”
“In addition, based on a set of assumptions, it is projected that this 2019 Bond Program should not impact the City’s property tax rate,” Camareno added.
“We encourage you to contact the City, at NBBond2019@nbtexas.org, if your organization would like for a speaker to provide information about the 2019 Bond Program projects or if you have any questions about the upcoming election,” noted Camareno.
Information on the 2019 Bond Program is also available at www.nbtexas.org/bond2019.
Voting Information
The last day to submit an application to register to vote in this election is April 4th.
Early Voting: Comal County Elections Office @ 396 N. Seguin Avenue
Monday, April 22: 8am-5pm
Tuesday, April 23: 8am-5pm
Wednesday, April 24: 7am-7pm
Thursday, April 25: 8am-5pm
Friday, April 26: 8am-5pm
Saturday, April 27: 9am-1pm
Monday, April 29: 7am-7pm
Tuesday, April 30: 8am-5pm
Election Day Voting: Saturday, May 4: 7am-7pm
District 1: Westside Community Center @ 2932 S IH35
District 2: First Church of the Nazarene @ 210 W Klein Rd
District 3: Seele Elementary School @ 540 Howard St
District 4: Faith United Church of Christ @ 970 N Loop 337
District 5: Lamar Elementary School @ 240 N. Central Ave
District 6: Walnut Springs Elementary School @ 1900 S Walnut
# # #