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Corpus Christi B Corporation - Type B

April 23, 2026 ·8:00 AM Final ·Special Meeting

Council Chambers

Agenda — 16 items

  1. 1 Persons with disabilities who plan to attend this meeting and who may need auxiliary aids or services are requested to contact the City Secretary’s office (at 361-826-3105) at least 48 hours in advance so that appropriate arrangements can be made.
  2. 2 The mission of the Business & Jobs Development (Type A) and B Corporations is to promote and enhance the City of Corpus Christi's economic base by supporting projects and programs that create primary jobs, improve small business and affordable housing opportunities, and improve infrastructure in our City.
  3. A. President Diana Summers to call the meeting to order. ▶ jump to 9:31
  4. B. Call Roll: ▶ jump to 9:44
  5. C. PUBLIC COMMENT: ▶ jump to 10:14
  6. D. MINUTES / EXCUSE ABSENCES
  7. E. FINANCIAL REPORT
  8. F. EXECUTIVE SESSION ITEMS:
  9. 1. Executive Session pursuant to Texas Government Code § 551.071 and Texas Disciplinary Rules of Professional Conduct Rule 1.05 to consult with attorneys concerning matters related to legal issues concerning the economic development incentive agreement, amendments, or default notice for the economic development incentive agreement between the Corpus Christi B Corporation and Elevate QOF, LLC for the development of a hotel and retail project, regarding the commercial development at or near the intersection of Chaparral Street and Lomax Street, within the City of Corpus Christi, and legal issues concerning Ajit David v. City of Corpus Christi et al. and pursuant to Texas Government Code § 551.087 to discuss or deliberate regarding commercial or financial information relating to some or all of the aforementioned matter(s) or entities that the Corporation seeks to have locate, stay, or expand within the City limits and with which the Corporation is conducting economic development. 26-0605 discussed in executive session ▶ jump to 23:17
  10. G. AGENDA ITEMS:
  11. H. PUBLIC HEARING:
  12. 13 This agenda constitutes notice of any project or type of project that is the subject of a public hearing for purposes of section 505.160 of the Texas Local Government Code.
  13. I. PRESENTATION ITEMS:
  14. J. EXECUTIVE DIRECTOR COMMENTS: ▶ jump to 27:08
  15. K. ADJOURNMENT ▶ jump to 27:13
  16. 17 This meeting may be held via videoconference call pursuant to Texas Government Code § 551.127. If this meeting is held via videoconference call or other remote method of meeting, then a member of this governmental body presiding over this meeting will be physically present at the location of this meeting unless this meeting is held pursuant to Texas Government Code § 551.125 due to an emergency or other public necessity pursuant to Texas Government Code § 551.045.