RIDA COTA Hotel, LLC Incentive Agreement
Description
A proposed economic development incentive agreement for a hotel project, including performance-based payments and potential waivers of certain ordinance requirements.
Impact summary
Aims to spur hotel development and economic activity, with potential long-term revenue benefits for the city.
Applicant
- Name
- RIDA COTA Hotel, LLC
At a glance
- Hearings
- 2
- Public comments
- 8
- Total mentions
- 2
Last vote · City Council
Last discussed Apr 23, 2026.
Meeting timeline (2)
City Council — April 23, 2026
An economic development agreement was authorized for a new hotel project, including performance-based payments tied to room night revenue.
City Council Work Session — April 21, 2026
A proposed economic development incentive agreement for a hotel project, including performance-based payments and potential waivers of certain ordinance requirements.
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