CORPUS CHRISTI, Texas — Efforts to bring a Houston-based bakery to Corpus Christi have hit a snag.
Corpus Christi City Council members rejected changes to an economic development incentive agreement for El Bolillo Bakery during Tuesday's meeting. The disputed language — added by the city's Type B Corporation — focused on how the city could respond if the bakery defaults on the agreement.
El Bolillo Bakery had asked the city for up to $363,000 in economic development tax incentives. In exchange, the company would convert the old Walgreens on Morgan Avenue near the Crosstown Expressway into a wholesale bakery and distribution facility, with a retail bakery on site.
The deal could create about 120 permanent jobs and generate at least $6 million in investment. El Bolillo would repay its incentive package in three years.
The city said it will approve the agreement once the Type B Board changes the agreement back to its original wording.
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