City to sue The Scooter Store

Friday, March 29, 2013

NEW BRAUNFELS, Texas – The New Braunfels Industrial Development Corp. will be filing a lawsuit to recover “any and all sums owed” from The Scooter Store after the company failed to maintain a certain number of jobs, according to a local radio station. The board says The Scooter Store owes the city $1.3 million as part of a “claw-back” stipulation from a 2009 incentive agreement. The Scooter Store had until March 21 to pay back the city. In 2009, several Texas cities were trying to woo The Scooter Store, a large private employer, away from New Braunfels. But when the city stepped in and offered $3.4 million dollars in incentives, the company opted to stay put. After a recent audit of The Scooter Store’s employment data, however, city officials found that about half of the roughly 400 jobs the company created through the economic incentives were not maintained.