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Council unanimously opposes Corpus Christi Housing Authority transactions that could remove property from tax rolls
Summary
The City Council unanimously adopted a resolution authorizing active opposition to what it described as improper and/or possibly illegal tax‑exempt use of property by affiliates of the Corpus Christi Housing Authority after an executive‑session review.
The City Council voted unanimously to adopt a resolution authorizing active opposition to “improper and/or illegal” uses of property tax exemptions by affiliates of the Corpus Christi Housing Authority.
The action followed executive session review. City Manager Peter Zanoni told the council that recent actions by the Housing Authority removed hundreds of millions of dollars of taxable property from the local tax rolls and that, based on current information, the city faces a potential loss of $3.5 million in…
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