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25-1109

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.

Resolution Passed Introduced July 10, 2025

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 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.

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

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