On Aug. 20, New Braunfels added a city-feed entry for a Continental/Aumovio recruitment and expansion incentive and labeled the NBEDC investment $5.8 million.
New Braunfels residents now have a city-posted amount to evaluate, but the item does not identify the jobs, private investment or safeguards the incentive would buy.
The posting is a new public marker for the project: it appeared at 10:52 a.m. Thursday and names both Continental/Aumovio and the New Braunfels Economic Development Corporation. That moves the project into the city’s official news feed, but only at summary level.
The label “NBEDC Investment” does not establish that money has been paid. The entry supplies no approval date, payment schedule or performance milestone, so it cannot show whether the amount is proposed, authorized, committed or disbursed.
