New Braunfels would commit park-development money and absorb every cost overrun for the Waterway Lane Trail under an agreement scheduled for a City Council vote Sept. 28.
The proposed agreement would commit New Braunfels to an estimated $728,600 share of the Waterway Lane Trail and responsibility for 100% of any cost overruns.
From the source record
The estimated total participation by Local Government is $728,600. The Local Government is responsible for 100% of overruns.City of New Braunfels ↗
The proposal would use park-development funds toward a shared-use path between Gruene Road and Old FM 306, while leaving the city to identify its construction funding after design is complete.
The project estimate assigns New Braunfels $72,000 for design, $596,800 for construction and $59,800 for direct state costs. The agreement says the final city participation will depend on actual costs.
A city staff report says Park District 1 has enough money for the $131,800 design and direct-state-cost share. Staff would select the local source for construction money after design, with construction expected to begin in May 2028.