Motion to approve a 1st amendment to the TIRZ #3 Downtown Development Reimbursement Agreement with Elevate QOF, LLC for the property located at 402 Lomax Street, to provide a year project extension from June 30, 2025 to June 30, 2026, effective upon signature by the City Manager or designee from the TIRZ #3 Project Specific Development Program to begin pay out in FY2027.

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Elevate QOF, LLC 5 records across this site

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Type

amendment

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Elevate QOF, LLC also holds

Consideration and discussion of whether Ordinance No. 033350 (File No. 24-0256), relating to the Type B economic development agreement with Elevate QO… Corpus Christi, TX Motion authorizing Amendment No. 1 to the Reimbursement Agreement with Elevate QOF LLC, to extend the construction completion date of September 30, 20… Corpus Christi, TX Discussion on the motion approved by the Board of the Corpus Christi B Corporation on January 22, 2024 regarding the Business Incentive agreement with… Corpus Christi, TX Motion authorizing a business incentive grant agreement with Elevate QOF LLC, for a total incentive amount not to exceed $2,000,000 for Homewood Suite… $2.00M Corpus Christi, TX

Committee

Reinvestment Zone No. 3 - Downtown

Introduced

June 5, 2025

On agenda

June 17, 2025

Passed

June 17, 2025

Where it was heard

Reinvestment Zone No. 3 - Downtown Jun 17, 2025 approved Pass