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24-0983

Resolution authorizing a 380 incentive agreement with Corpus Christi Capital Group LLC and Corpus Christi Party Hotel LLC in the amount of up to $5,000,000 over a 10 year period for the development of the Casa Blanca Village Apartments. The project will include up to 200 apartment units focused on workforce residences which will be income qualified and subject to HUD fair market rent limits.

Resolution Passed Introduced June 7, 2024

What this record is

Held by
Corpus Christi Capital Group LLC
Amount
$5.00M
Runs until
June 7, 2034 8 years away date calculated from a contract term stated in the record, not quoted directly
Type
contract

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Read automatically from the title of the official record. The source document below is authoritative.

Committee
City Council
Introduced
June 7, 2024
On agenda
June 18, 2024
Passed
June 18, 2024
Enacted
June 18, 2024
Enactment no.
033387

Where it was heard

City Council Jun 18, 2024 passed Pass

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