Legislation Details

File #: 26-1403    Version: 1 Name:
Type: Ordinance Status: To Be Introduced
File created: 8/26/2026 In control: City Council
On agenda: 9/1/2026 Final action:
Title: Ratification of a City Council Ordinance disapproving the Program, Expenditure, and Funding under the Termination, Settlement, and Release Agreement between the Corpus Christi B Corporation and Elevate QOF, LLC; adjusting Type B Budget to withdraw funds from the terminated program for the Homewood Suite Incentive; directing the City Manager and City Staff not to make or facilitate payment; and providing for an effective date.
Sponsors: Legal Department
Attachments: 1. Agenda Memo - Ord Ratifying One-Reading Ordinance_, 2. Ordinance - Ratifying One-Reading Oridnance Disapproving the Type B Settlement Program
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Ratification of a City Council Ordinance disapproving the Program, Expenditure, and Funding under the Termination, Settlement, and Release Agreement between the Corpus Christi B Corporation and Elevate QOF, LLC; adjusting Type B Budget to withdraw funds from the terminated program for the Homewood Suite Incentive; directing the City Manager and City Staff not to make or facilitate payment; and providing for an effective date.