Homewood Suites Incentive Disapproval

At a glance

• What: An ordinance disapproving the program, expenditure and funding under the Termination, Settlement, and Release Agreement between the Corpus Christi B Corporation and Elevate QOF, LLC; it moves Type B budget money out of the terminated program (the Homewood Suites incentive) and directs the City Manager and staff not to make or facilitate payment.
• Where it stands: Council passed an emergency version in the week before September 1; the ratification passed first reading September 1 (5-2-1) and second reading September 8 (5-2-2), Enactment 034020.
• Next: None; the ordinance forbids payment.

Detail

• September 1: Interim City Attorney Brice said the item ratified last week's emergency ordinance so the public could speak. No one spoke. Hernandez moved, Campos seconded. Aye: Vaughn, Hernandez, Campos, Paxson, Cantu. No: Barrera, Scott. Roy abstained; Mayor absent.
• September 8 (pulled from the consent agenda): Cantu moved, Hernandez seconded. Same 5-2 result; Mayor Guajardo and Roy abstained.
• The minutes do not give the reasons for the termination or the dispute.

Sources

• City Council minutes, September 8, 2026: https://corpuschristi.legistar.com/View.ashx?M=M&ID=1425590&GUID=82D1FF25-1ADF-4400-B82A-6B96F833B439
• City Council minutes, September 1, 2026: https://corpuschristi.legistar.com/View.ashx?M=M&ID=1425588&GUID=31E44297-EAE4-45CB-B254-AE2962362054

Log

2026-09-08 - City Council

Second reading passed 5-2-2.

2026-09-01 - City Council

Ratification passed first reading 5-2-1 after the City Attorney explained it ratifies the prior week's emergency ordinance.

2026-10-27 - City Council Meeting

Executive session item 15 concerned Ajit David / Elevate QOF LLC (Homewood Suites, Corpus Christi B Corporation). No action recorded (minutes not posted).