Municue
Austin, TX

RIDA COTA Hotel, LLC

organization
2 mentions across 2 events
2 eventsLast active Tracked since

Topic Distribution

Topics

policy (2)
contract (2)
development (2)
tax (1)
public hearing (1)

Roles

applicant (1)
vendor (1)

Related Entities

Austin Economic Development1
9201 Circuit of the Americas Boulevard1
Business Expansion Program1
Fuentes1
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Activity Timeline

April 2026

Consent
vendor
City Council →

Authorizes negotiation of a Business Expansion Program economic development agreement with RIDA COTA Hotel, LLC for a proposed hotel, with performance-based payments tied to gross room night revenue for up to 30 years. The item also waives specified presentation, announcement, portal, and public-hearing requirements.

Authorize negotiation and execution of a Business Expansion Program economic development agreement with RIDA COTA Hotel, LLC for a term up to 30 years, with performance-based payments not to exceed an

Pre-Selected Item
applicant
City Council Work Session →

Approve a Business Expansion Program economic development incentive agreement with RIDA COTA Hotel, LLC for up to 30 years, with performance-based payments capped at 8.25% of hotel gross room-night revenue. The item also waives specified presentation, notice, portal, and public-hearing requirements, subject to future Economic Incentive Reserve Fund availability.

A Business Expansion Program economic development incentive agreement with RIDA COTA Hotel, LLC for a term up to 30 years, with performance-based payments in an amount not to exceed an amount equal to