Development Corporation of Mercedes, Inc. Agenda August 17, 2022 11:30AM 320 S Ohio NOTICE, is hereby given that the Development Corporation of Mercedes, Inc. will be holding a Regular Called Meeting on Wednesday, August 17, 2022 at 11:30AM at the Development Corporation of Mercedes at 320 South Ohio for the purpose of considering and taking formal action regarding the following items: 1. Call meeting to order 2. Discussion and Action: July 20, 2022 Minutes and August 10, 2022 Minutes 3. Discussion and Action: July 2022 Financials 4. Discussion and Action: FY 21-22 Budget Amendment #2 5. Discussion and Action: FY 22-23 Budget 6. Discussion and Action: FY 22-23 IRP Budget 7. Discussion and Action: SAS, CPA, LLC Engagement Letter for Financial Professional Services 8. Discussion and Action: Christmas Decorations 9. Discussion and Action: DCM Inventory 10. Executive Session: Section 551.087: Economic development negotiations with Project Travel Center, Project MD, Project RGVLS, Project Gabriela's Heavenly Wings and Section 551.071: pending legal issues with delinquent loans and on any regular agenda item requiring confidential, attorney-client advice necessitated by the deliberation or discussion of said item as needed. 11. Discussion and Action: item #10 12. Adjournment D-Bod-tDi-ste: os àe ighn leges e Eeanves tine duig themsting acoal simy sasnnsay wilhs Sectin S51.AT Mihee thep lee freal oparty n arcardance wias Sersun S1 072 n l aite en th 31 andor delihen E E sp - M S i- Mrun loain 400S SOha viible auls oe ie ote genanip alle dinng nd afe voking hon Th alioes a poitada foF 2022a1 2 entin ly peosoeding hes BcE oca - Aaput remsiase posted Hlai mcl thia sing dunse - wisChuptas aftheT Taa GoummatCos ATTEST: aa a Melissa Ramirez, Development Corporation ofMercedes