City of Corpus Christi City Council Meeting Agenda May 2026
Incentive Agreement for Homewood Suites Under Review
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Description
Council will meet in executive session to discuss legal issues and potential extensions related to an existing incentive agreement with Elevate QOF LLC totaling up to $2 million for a Homewood Suites by Hilton project. The underlying agreement was authorized by City Ordinance 24-0256.
Contract Details
Contract Amount
Not to exceed $2,000,000
Vendor
ELEVATE QOF LLC
Agency
Corpus Christi Water, TX
Contract Type
FINANCIAL_SERVICES
Document Date
May 9, 2026
Renewal Info
Existing incentive agreement may be considered for extensions or modifications; specific renewal terms not detailed in the agenda.
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