Resolution authorizing the execution of a Chapter 380 Incentive Agreement with Cinergy 112, LLC to provide a rebate of up to $4,150,000 of City of Corpus Christi ad valorem taxes and city sales taxes over a 15-year period for the development of Cinergy Family Entertainment Center, located at the corner of Rodd Field Road and South Padre Island Drive (SPID) in District 4.

What this record is

Held by

Cinergy 112, LLC 2 records across this site

Amount

$4.15M

Runs until

July 10, 2040 14 years away calculated from the contract term stated in the record

Type

contract

See everything else expiring in this field →

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

Cinergy 112, LLC also holds

Resolution authorizing the execution of a Chapter 380 Incentive Agreement with Cinergy 112, LLC to provide a rebate of up to $4,000,000 of ad valorem … $4.00M Corpus Christi, TX ends Mar 28, 2040

Committee

City Council

Introduced

July 10, 2025

On agenda

July 22, 2025

Passed

July 22, 2025

Enacted

July 22, 2025

Enactment no.

033701

Where it was heard

City Council Jul 22, 2025 passed Pass