South Padre Island Economic Development Corporation Meeting - May 19, 2026

Citizen Alert: Real Estate Acquisition

The EDC Board is set to authorize the execution of a purchase agreement and earnest money payment for the Rampart tract property, a significant real estate acquisition for the city.

• Approval of minutes from the April 21, 2026 regular meeting.
• Approval of the April 2026 financial report.
• Discussion and possible action regarding a $25,000 facade grant application for 3812 Padre Blvd (Total estimated project cost: $140,000).
• Progress update on the SPI Causeway Marine Park project.
• Scheduling of the 2026-27 annual budget workshop.
• Executive Director's activity report covering economic indicators, projects, and events.
• Executive Session to deliberate the purchase of real property (The Rampart Property).
• Action to authorize Vice President Gayle Hood to execute a purchase agreement and related closing documents for the Rampart tract.