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City of Corpus Christi City Council Meeting Minutes 2026-05-12

Incentive Agreement Enforcement with Elevate QOF, LLC Approved

Not to exceed $2,000,000 (business incentive)Corpus Christi WaterELEVATE QOF LLCMay 12, 2026

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Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo

Description

Council took action on the incentive agreement with Elevate QOF, LLC for the Homewood Suites by Hilton project, approving enforcement actions related to the $2 million incentive.

Contract Details

Contract Amount

Not to exceed $2,000,000 (business incentive)

Vendor

ELEVATE QOF LLC

Agency

Corpus Christi Water, TX

Contract Type

OTHER

Document Date

May 12, 2026

Renewal Info

Extensions and performance issues under the contract were discussed; further extension or modification subject to council action.

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