Development Corporation ofM Mercedes, Inc.  Agenda June 19,2024 11:30AM 320S S Ohio  NOTICE, is hereby given that the Development Corporation of Mercedes, Inc. will be holding a Regular Called Meeting on Wednesday, June 19, 2024 at 11:30AM at the Development Corporation ofl Mercedes at 320 South Ohio for the  purpose ofconsidering and taking formal action regarding the following items:  1. Call meeting to order  2. Discussion and Action: May 2, 2024 & May 15, 2024 Minutes 3. Discussion and Action: May 2024 Financials 4. Discussion and Action: TX Class Report 5. Discussion: FY24-25 Draft Budget 6. Discussion: ICSC Recap  7. Discussion and Action: Texas Street Festival Influencer 9. Discussion and Action: Tabled Items  8. Discussion and Action: Signage Grant, Del La Garza, Ramirez, Rivera, Escobar-Garcia, Hernandez, Garcia 10. Executive Session: Section 551.087: Economic development negotiations with Project Kamel, Project H. Reynoso, Project A. Gonzalez, Project Travel Center, Project STM, Project Knights, Project ASHTI, Project Arts, Project QSR, Project M30, Project 150, Project M2, Project Cruz, Project M. Carrillo, Project Bert Ogden, Project A. Garcia, Project RGVLS, Project G. Schwarz, Project Coffee, Project Carwash, Project Rios and Project UT, Section 551.072: Acquisition and Conveyance of Real Estate- MERCEDES LIGHT INDUSTRIAL PARK PH 1 LOT 3 & 4 BLK 1 and Conveyance of Real Estate: MERCEDES LIGHT INDUSTRIAL PARK PHII LOT 1 and 2 BLK 1 and Section 551.071: pending legal issues with Case No C- 4846-19-A, delinquent loans and on any regular agenda item requiring confidential, attorney-client advice  necessitated by the deliberation or discussion ofs said item as needed.  11. Discussion and Action: item #10  12. Adjournment  The Board of Directors reserves the rightt tos go into Executive Session at any time during the meeting to consult withi its attorney in accordance with Section 551.071; deliberate the purchase ors sale ofr real property in accordance with Section 551.072; deliberate personnel matters ina accordance with Section: 551.074; and/or deliberate economic development negotiations in accordance with Section 551.087. This notice is given in accordance with Vernon's Texas Code Annotated, Texas Government Ihereby certify this Notice ofaMeetingo oft thel Development Corporation of Mercedes was postedi ina accordance with the Open! Meetings Act ont the outside bulletin! board at City Hall oft the City of Mercedes, located at 400 S Ohio, visible and accessible to the general public during and after working hours. This notice was posted ont the 14" day of. June 2024 at 12:15PM and will remain sop posted continuously for at least 72-hours proceeding the scheduled time oft this meeting in accordance with Chapter  Code, Section 551. .001 et. seq. 551 oft the Texas Government Code. ATTEST:  VulmS Melissa Ramirez, Development Corporation of! Mercedes