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Copy of the agreement
Previous Agreement Number:
Officer Title: Director of Economic & Community Development
Phone Number: 830-221-4621
Email: jjewell@newbraunfels.gov
Comptroller’s Online Chapter 380-381 Economic Development Agreements Database
Note: For agreements that do not have a set expiration date, the expiration date will show as 12/31/2078. All information has been provided by local governments. Only agreements that are or were active as of Sept. 1, 2021, when HB 2404 went into effect or agreements that have been entered into, amended or renewed since then are required to be reported to the database.
New Braunfels
Chapter 380-381 economic development agreement information as reported to the Comptroller by this entity.
About This Local Government
Local government type: City
Local government code: 0013638
Type of agreement: New
Record filed: 04/14/2026 01:43
Address of Local Government
Address
550 Landa Street
New Braunfels, TX 78130
Contact information for officer/other person representing the local government
Robert Camareno
City Manager
830-221-4280
NBCitySecretary@newbraunfels.gov
Entity Information
Entity Name: The New Braunfels Hotel Company/Das Faustian Bargain, LLC
Assumed Name of the Entity:
Business Address of Entity: 240 S. Seguin Avenue - New Braunfels, TX 78130
Entity Contact Phone Number: 5056037644
Entity Contact Email: ADuettra@gmail.com
Agreement Information
Effective Date of Agreement: 10/31/2026
Expiration Date of Agreement: 10/31/2031
Counties that the agreement affects: Comal
Total Monetary Value of Agreement: 1000000.00
Terms on Which Agreement Expires: Agreement shall terminate the sooner of 5 years from the effective date or once $1M has been distributed to entity under the agreement
Source of Money Used or Type of Tax Implicated By the Agreement: HOT - Municipal Hotel Occupancy Taxes
Agreement Information
Agreement Number: 0013638
Purpose of Agreement
Entity to obtain a COO from the City, maintain a minimum AV of $5M for a period of 5Y, make renovation improvements to property as described in exhibit A - City to issue tax rebate of 100% of HOT taxes paid for property for up to 5Y or until $1M has been issued - whichever occurs first.
Copy of the agreement
Previous Agreement Number:
Contact information for person submitting agreement to database
Officer Name: Jeff JewellOfficer Title: Director of Economic & Community Development
Phone Number: 830-221-4621
Email: jjewell@newbraunfels.gov