Bond 2023

On May 6, residents of New Braunfels voted to fund $140,045,000 in city projects by issuing municipal bonds with no projected increase to the City tax rate.

The projects included in Bond 2023 were divided into three propositions:

Proposition A - Transportation

• Total Cost: $99,330,000
• Expected to include eight major transportation projects:
  • Common Street (Loop 337 to FM 306)
  • Barbarosa Road/Saur Lane (FM 1101 to Saengerhalle Road)
  • Conrads Lane (Goodwin Lane to FM 1102)
  • Kohlenberg Road (FM 1101 to IH-35)
  • Citywide Street Improvements to rehabilitate existing city street pavement, curbs, and sidewalks
  • Citywide Intersection Improvements including new traffic signals and turn lanes
  • South Kowald Lane (FM 1101 to IH-35)
  • Solms Road (IH-35 to FM 482)

Proposition B - Parks and Recreation

• Total Cost: $12,155,000
• Mission Hill Park - Phase 2, expected to include:
  • Improvements to existing 10-acre park, including:
    • Parking, Restrooms, and Event Space
    • Multi-level Observation Tower
    • Canopy Walk with access to Observation Tower Decks
    • Soft and Hard Surface Trails with Trailhead

Proposition C - Library Facilities

• Total Cost: $28,560,000
• Southeast Library Branch, expected to include:
  • 23,250-square foot building
  • Proposed features  includes:
    • Quiet study rooms
    • Meeting rooms
    • Public plaza and garden space