Development Corporation of Mercedes, Inc. Agenda January 17, 2024 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, January 17, 2024 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: December 6, 2023 Minutes 3. Discussion and Action: November 2023 and December 2023 Financials 4. Discussion and Action: Election of Officers 5. Discussion and Action: DCM Investment Policy 6. Discussion and Action: Appointment to Man & Woman of the Year Committee 7. Discussion and Action: Signage Grant Program 8. Discussion and Action: Tabled Items 9. Executive Session: Section 551.087: Economic development negotiations with Project Knights, Project M30, Project 150, Project M2, Project Cruz, Project M. Carrillo, Project AHSTI, Project Bert Ogden, Project A. Garcia, Project RGVLS, Project Mercedes Light Industrial Park, Project Ali, Project G. Schwarz, Project STM, Project Coffee, Project Killer V, Project Carwash, Project Rios, Project UT; Section 551.072 Real Estate: MERCEDES ORIGINAL TOWNSITE S130-E150 BLK 10, MERCEDES ORIGINAL TOWNSITE NS 5' OF 20 ALL OF 21 BLK 11, 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. 10. Discussion and Action: item #9 11. Adjournment The Board of Directors reserves the right to go into Executive Session at any time during the meeting to consult with its attorney in accordance with Section 551.071; deliberate the purchase or sale ofreal property in accordance with Section 551.072; deliberate personnel matters in 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 Govemment Code, Section 551.001 et. seq. Ihereby certify this Notice ofaN Meeting oft the Development Corporation of Mercedes was posted in accordance with the Open Meetings Act on the outside bulletin board at City Hall oft the City of Mercedes, loçated at 400 S Ohio, visible and accessible to the general public during and after working hours. This notice was posted on the 12" day of January 2024 at 11:30AM and will remain sO posted continuously for at least 72-hours proceeding the scheduled time of this meeting in accordance with Chapter 551 ofthe" Texas Government Code ATTEST: Melissa Ramirez, Development Corporation ofMercedes