CORPUS CHRISTI, Texas —The Corpus Christi B Corporation voted Monday to terminate its 2024 Business Incentive Agreement with Elevate QOF, LLC, replacing it with a new settlement agreement. City Manager Peter Zanoni, in a written statement to KRIS 6 News, said city staff were not involved in the agreement. "City staff and City attorneys learned of this settlement agreement this morning at the Type B Board Meeting. At this time, we are meeting with our City Attorney to determine the agreement's legality and if it needs City Council consideration. The board's statement said the action followed a July 14, 2026, Corpus Christi City Council vote to "direct city staff to pursue mediation with 'all parties concerned' or at the very least, the lawsuit of Ajit David vs. City of Corpus Christi."