After convening in an executive session at its final meeting of 2018, the New Braunfels ISD school board approved a motion to sell 59.9 acres of property to New Braunfels Utilities at no less than the fair market value.
NBU CEO Ian Taylor said the entity began partnering with the school district on the property located west of Loop 337 on Westpointe Drive in 2011.
“At that point we bought approximately 20 acres from the original 100 acres,” Taylor said. “We built four wells there over the last year, so we’ve constructed a water treatment plant. So our investment and footprint in that property has really grown over the last seven to eight years.”
Regarding plans for the property Taylor said NBU may expand its Trinity Aquifer wellfield, a strategy outlined in
NBU’s 20-year water resources plan.
“The acreage they had for sale was more than what we would need for a well field,” Taylor said. “We may need more property to build office space. It’s a good option to have if we need to build additional office space."
Approximately 20 acres of the site will remain, which NBISD Communications Director Rebecca Villarreal said would be the ideal size for a future elementary school campus.
After receiving approval from the NBISD school board Dec. 17, Taylor said the NBU board will likely consider the proposal at its January 25 meeting.
“After that I am pretty sure the contract will be signed and the sales price will be made public,” Taylor said.