Elevate QOF LLC
Key facts
- Latest action
· City Council
Result: To Be Introduced
- Money
$2.0M in total financial activity across agenda items that mention this organization.
Largest single item: $2.0M on (Executive session for the City Council to consult with attorneys on litigation (Ajit David v. City of Corpus Christi) and on an agreement between the Type B Corporation and Elevate QOF LLC providing…)
- Cases
- Council Rejects Settlement Payment for Homewood Suite Incentive (26-1403) — active, last event
- Review of Elevate QOF Agreement Ordinance Adoption Process (26-0061) — resolved, last event
Mention Frequency
Topic Distribution
Topics
Roles
Related Entities
Connected Matters
Legislative threads where Elevate QOF LLC is mentioned
Council Rejects Settlement Payment for Homewood Suite Incentive (26-1403)
Review of Elevate QOF Agreement Ordinance Adoption Process (26-0061)
Location
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Activity Timeline
October 2026
Closed executive session to consult with attorneys on pending litigation (Ajit David v. City; Elevate QOF, LLC v. Peter Zanoni), related ordinances, and the Homewood Suites by Hilton agreement and settlement between the Corpus Christi B Corporation and Elevate QOF, LLC, including litigation costs and funding.
…regarding legal issues concerning Ajit David v. City of Corpus Christi et al.; Elevate QOF, LLC v. Peter Zanoni; City Ordinance Nos. 033350, 034001, & 034020; the agr…
September 2026
Ratifies 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, adjusting the Type B budget to withdraw funds for the Homewood Suite Incentive and directing staff not to make or facilitate payment.
…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…
Board executive session for attorney consultation and economic development deliberation on pending litigation (David v. City; Elevate QOF, LLC v. Zanoni) and the incentive agreement and termination settlement between the Corpus Christi B Corporation and Elevate QOF, LLC for a hotel and retail project.
…al. pending in County Court, Count Court at Law No. 3, Nueces County, Texas; 2) Elevate QOF, LLC vs. Peter Zanoni pending in the 105th District Court of Nueces County,…
Ratifies 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. It adjusts the Type B budget to withdraw funds for the Homewood Suite Incentive and directs staff not to make or facilitate payment.
…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…
August 2026
Closed executive session to consult with attorneys on pending and contemplated litigation, including Ajit David v. City of Corpus Christi and Elevate QOF, LLC v. Peter Zanoni, and agreements between the Corpus Christi B Corporation and Elevate QOF for the Homewood Suites by Hilton project.
…ttlement and mediation concerning Ajit David v. City of Corpus Christi, et al.; Elevate QOF, LLC v. Peter Zanoni; City Ordinance No. 024256; the agreement between the…
Closed executive session to consult with attorneys on pending and contemplated litigation, including Ajit David v. City of Corpus Christi, and agreements between the Corpus Christi B Corporation and Elevate QOF, LLC for the Homewood Suites by Hilton project, along with the related termination and settlement agreement and litigation expenses.
…rdinance No. 024256; the agreement between the Corpus Christi B Corporation and Elevate QOF, LLC for the Homewood Suites by Hilton project; the Termination, Settlement…
Board recesses to executive session for attorney consultation on the pending lawsuit David v. City of Corpus Christi, et al. and on the economic development incentive agreement between the Corpus Christi B Corporation and Elevate QOF, LLC for a hotel and retail project.
…ic development incentive agreement between the Corpus Christi B Corporation and Elevate QOF, LLC for the development of a hotel and retail project. rahulm@corpuschris…
Consider action on the 2024 Business Incentive Agreement between the Corpus Christi B Corporation and Elevate QOF, LLC.
Consider action on the 2024 Business Incentive Agreement between the Corpus Christi B Corporation and Elevate QOF, LLC.
Board recesses to executive session for attorney consultation on the pending lawsuit David v. City of Corpus Christi, et al. and on the economic development incentive agreement between the Corpus Christi B Corporation and Elevate QOF, LLC for a hotel and retail project.
…ic development incentive agreement between the Corpus Christi B Corporation and Elevate QOF, LLC for the development of a hotel and retail project. rahulm@corpuschris…
July 2026
Executive session for the City Council to consult with attorneys on legal matters related to the Ajit David lawsuit and an incentive agreement between the Type B Corporation and Elevate QOF LLC for the Homewood Suites by Hilton development, plus updates on other pending litigation.
…24-0256; Ordinance authorizing an agreement between the Type B Corporation and Elevate QOF LLC, for a total incentive amount not to exceed $2,000,000 for Homewood Suites by H…