What is a bond referendum?

A bond referendum is a voting process that gives voters the power to decide if a municipality should be authorized to raise funds through the sale of bonds. A general obligation (G.O.) bond is long-term borrowing in which a municipality pledges its full faith and credit to repay the debt over a specified term. G.O. bonds are a fiscally responsible option available to the City for these types of projects. They are the highest rated form of debt which result in the lowest interest cost debt a municipality can issue.

Why does the City issue General Obligation Bonds?

Bonds make capital projects more affordable and put less stress on the City’s budget. By using bonds to finance these projects, we can pay for them in installments over time rather than needing all the money at the outset.

What is the total amount of the proposed 2019 Bond Program?

The total amount of the eleven proposed projects is $143 million, with $117 million on the election ballot, $23 million in contribution from the New Braunfels Economic Development Corp. (NBEDC) and roadway impact fees and $3 million already funded thru tax notes.

What are the project categories and the funding requirements for each?

• Proposition 1 – Transportation Infrastructure: $44,512,490 in bond proceeds (and $8 million in roadway impact fees)
• Proposition 2 – Parks and Recreation: $16,547,420 in bond proceeds (and $15 million in NBEDC contribution)
• Proposition 3 – Public Safety Facilities: $50,414,750
• Proposition 4 – Library Facilities: $5,525,340

What are the projects in each proposition?

• Proposition 1- Transportation Infrastructure: Klein Road (phase 2), GoodwinLane/Conrads Lane, partially funded extensions of FM 306 and Business 81, and a Citywide Streets Improvement Program
• Proposition 2- Parks and Recreation: Sports Field Complex (phase 1), Comal Cemetery Wall Stabilization, All Abilities Park Amenities
• Proposition 3- Public Safety Facilities: Fire Station #2, Fire Station #3, Police Department Facility
• Proposition 4- Library Facilities: New Braunfels Public Library Westside Community Center Branch

Can I vote for some bond propositions and not others?

Yes. There will be four separate bond propositions. Each will appear as a separate question on the ballot.

How were these specific projects selected to be part of the bond program?

The process to put together a package of projects began in late 2017 when City Council appointed a citizen-led Bond Advisory Committee that reviewed master plans, assessed needs, reviewed citizen input and considered recommendations from boards and commissions to develop a list of high-priority projects. The committee held a series of 16 meetings to gather information about each proposed project and further prioritize the list. As part of the process, committee members listened to presentations on proposed projects, toured project locations, conducted public input to receive feedback and reviewed preliminary engineering reports. The committee’s proposed projects were presented to City Council. After deliberating the project list, the City Council determined the final slate of projects and called for a bond election.

Will the proposed program require a City property tax rate increase?

It is projected that this 2019 Bond Program should not impact the City’s property tax rate.

When and where will voting on the 2019 Bond Program take place?

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

Where can I find more detailed information on the 2019 Bond Program and the process of project development?

Project details, cost breakdowns, committee presentations, resource documents, etc. are available at www.nbtexas.org/bond2019.

PROPOSITIONS

Vote FOR propositions 1, 2, 3, & 4 and help make New Braunfels even better.

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Prop 1: Streets

Improved drivability city wide – reconstruction, repairs, extensions
learn more >>

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Prop 2: Parks and Recreation

Improved amenities – all abilities park, Comal Cemetery, sports field complex
learn more >>

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Prop 3: Public Safety

Improved facilities – fire and police stations
learn more >>

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Prop 4: Library

Improved education opportunities – Westside Community Center
learn more >>

Get involved

The bond package that’s on the ballot for May 4th helps make New Braunfels better by focusing on priorities determined by its citizens.

 

Support a fiscally conservative and responsible way to make our community better.

 

Need a yard sign? Stop by any of the following locations during business hours:
Raba Kistner – 211 Trade Center Drive
Utility Engineering Group – 191 North Union Avenue
Frost Bank – 315 Landa Street
Property Professionals – 421 South Seguin

Voting Information

Early Voting

April 22 – April 30
Comal County Elections Office
396 N. Seguin Avenue
Get Directions

Monday, April 22: 8am to 5pm

Tuesday, April 23: 8am to 5pm

Wednesday, April 24: 7am to 7pm

Thursday, April 25: 8am to 5pm

Friday, April 26: 8am to 5pm

Saturday, April 27: 9am to 1pm

Monday, April 29: 7am to 7pm

Tuesday, April 30: 8am to 5pm

ELECTION DAY

Saturday, May 4
7am to 7pm

City Council District 1
Westside Community Center
2932 S. IH35
Get Directions

City Council District 2
First Church of the Nazarene
210 W. Klein Road
Get Directions

City Council District 3
Seele Elementary School
540 Howard Street
Get Directions

City Council District 4
Faith United Church of Christ
970 N.h Loop 337
Get Directions

City Council District 5
Lamar Primary School
240 N. Central Avenue
Get Directions

City Council District 6
Walnut Springs Elementary School
1900 S. Walnut Avenue
Get Directions

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Pol. Adv. Paid for by  VOTE FOR NEW BRAUNFELS, Rusty Brockman, Treasurer, 301 Main Plaza, PO Box 355, New Braunfels, TX 78130