Municue

La Palmera Mall Incentive Agreement Extension (26-1417)

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Ordinance amending the Chapter 380 Incentive Agreement with La Palmera Mall (Corpus Christi Retail Venture LP) to extend the existing agreement for an additional 10 years to recognize a reconfiguration of the mall.

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The city proposes to extend its existing Chapter 380 economic incentive agreement with La Palmera Mall, held by Corpus Christi Retail Venture LP, for an additional 10 years. The extension would recognize a reconfiguration of the mall.
2 eventsFirst seen Sep 8, 2026Last activity Sep 15, 2026File #: 26-1417
Topics
development
tax
contract

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Actions

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Attorney

Obtain amended incentive agreement for La Palmera Mall extension

Applies if: Client is a party to, or is affected by, the incentive agreement

Why now: The ordinance passed on second reading on 2026-09-15 after passing first reading on 2026-09-08 (8-0 shown), extending the Corpus Christi Retail Venture LP agreement by 10 years to recognize a reconfiguration of the mall.

What to do: Get the final amended Chapter 380 agreement text for the 10-year La Palmera Mall extension and check how it defines the "reconfiguration" that justifies the extension. Ask whether performance obligations, termination or clawback terms were changed, because the record does not say.

Act before: After the next material record update

Source: City Council — Sep 15, 2026 →
Journalist

Request full vote tally for La Palmera Mall incentive extension

Applies if: Reporter is covering the Corpus Christi Retail Venture LP incentive agreement

Why now: The first-reading minutes show "8 aye shown (remaining tally continues on next page)" with Mayor Guajardo unlisted, and Interim Director Jennifer Buxton and developer Andrew Wilson answered Council questions on both September 8 and September 15.

What to do: Obtain the complete roll call for the first-reading vote on the La Palmera Mall incentive extension, since the published record shows only 8 ayes and cuts off before any remaining votes. Also get the mall reconfiguration details Council questioned staff and the developer about, so readers know what the 10-year extension buys.

Act before: After the requested records are produced

Source: City Council — Sep 15, 2026 →

Timeline

Hearing
Pass

Interim Director of Planning and Economic Development Jennifer Buxton and Developer Andrew Wilson responded to Council questions. Council Member Vaughn moved to approve the ordinance, seconded by Council Member Scott. This Ordinance was passed on second reading and approved with the following vote:

Vote
Passed on first reading and approved: 8 aye shown (remaining tally continues on next page)

Ordinance amending the Chapter 380 Incentive Agreement with La Palmera Mall (Corpus Christi Retail Venture LP) to extend the existing agreement for an additional 10 years to recognize a reconfiguration of the mall.

Vote: 8 for, 0 against

approve ordinance amending La Palmera Mall Chapter 380 agreement on first reading

Pulled from consent agenda for individual consideration; vote listing continues beyond page 10 – only Aye: 8 is visible in this batch, so any Nay or Abstained entry (only Mayor Guajardo is unlisted) cannot be confirmed here