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Corinth approves amended Chapter 380 agreement and transfers EDC parcels to facilitate Kairos development
Summary
Council approved an amended Chapter 380 economic development incentive agreement with Kairos Community Partners LLC and a performance agreement to transfer four EDC‑owned properties to the city so they can be sold to Kairos; staff described an earlier closing date for the north site, adjusted construction timelines, and a minimum retail allocation of 60,000 square feet across three developments.
The Corinth City Council unanimously approved an amended and restated Chapter 380 economic development incentive agreement between the city, the Corinth Economic Development Corporation (EDC), and Kairos Community Partners LLC, and separately approved a performance agreement to transfer four EDC-owned parcels to the city to permit closing and…
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