City of Corpus Christi | Type B Board Meeting

The City of Corpus Christi Type B Board held a meeting on August 11, 2026, focusing on several procurement and economic development matters. Key procurement actions included the termination of a business incentive agreement with Elevate QOF LLC related to a hotel and retail project, and approval of small business assistance agreements totaling up to $1,226,750 with entities such as LiftFund Inc., Service Corps of Retired Executives, Texas A&M University Corpus Christi, and Del Mar College to support local small businesses and job creation. The board also authorized the acquisition of the 1525 North Shoreline Boulevard property for $657,375 to expand the Hilliard Center complex. Additionally, the board approved a $2 million loan amendment to support the affordable housing project, Palo Verde Senior Apartments, addressing funding gaps due to changes in tax credit equity pricing and lender underwriting. These actions demonstrate the board's commitment to economic development, small business support, and affordable housing in Corpus Christi. No public comments were received on these items, and all motions related to funding and contracts were approved unanimously.