Ratification of a City Council Ordinance disapproving the Program, Expenditure, and Funding under the Termination, Settlement, and Release Agreement between the Corpus Christi B Corporation and Elevate QOF, LLC; adjusting Type B Budget to withdraw funds f
Official Roll-Call Vote
Staff Report & Agenda Item Details
Ratification of a City Council Ordinance disapproving the Program, Expenditure, and Funding under the Termination, Settlement, and Release Agreement between the Corpus Christi B Corporation and Elevate QOF, LLC; adjusting Type B Budget to withdraw funds from the terminated program for the Homewood Suite Incentive; directing the City Manager and City Staff not to make or facilitate payment; and providing for an effective date.
Bastiat Liberty & Property Rights Analysis
This motion is scored as EXPANDS_GOVERNMENT (Impact Weight: 7.7/10). Under the Bastiat Liberty Watchdog Index, measures that increase tax rates or fee schedules, issue new debt or Certificates of Obligation, expand regulatory/zoning restrictions on private land use, or authorize unbudgeted spending expansions reduce an official's Freedom Score when voted YES (and reward dissenting NO votes).