City Statement: Regarding Elevate QOF Litigation

Today, August 19, 2026, the Nueces County Court at Law No. 3 issued a Temporary Restraining Order (TRO) prohibiting the City of Corpus Christi from transferring, paying, allocating, or otherwise directing City funds to Elevate QOF, LLC.

 

The City’s position remains that City Manager Peter Zanoni, nor does any other City staff member, have legal authority to direct payment of any funds as there is no required authorization by the City Council to do so.

 

The City will comply with the Court’s order and not make payments until the required authorization, including appoval for such payment by the City Council, is obtained.

 

The TRO is set to expire on September 2, 2026, unless extended by the Court. A hearing on a Temporary Injunction is scheduled for September 1, 2026, at 9 a.m.