Development Corporation of Mercedes, Inc. Regular Called Meeting Wednesday, December 14, 2022 11:30AM Board Members Present: Fred Gonzalez - President Joe Flores - Vice President Peggy Marie Chavez-Yanez Secretary Luis Huerta - Member Marcos Garcia - Member Roel Villanueva- Member Board Members Absent: Tony Garza - Treasurer EDC Staff Present: Melissa Ramirez - Executive Director Mark Sossi - DCM Attorney City Staff Present: Alberto Perez - City Manager Javier Ramirez Assistant Manager Others Present: Randy Winston, SWG Engineering, LLC Blaine Burnett, Burnett Investments Rudy Salinas- SAS, CPA Christy Cameron- RGVLS Mando Correa- RGVLS Matthew Schorsch- Freese and Nichols, Inc 1. Call Meeting to order Fred Gonzalez called the meeting to order at 11:30 AM. 2. Discussion and Action: November 16, 2022 Minutes Marcos Garcia motioned to approve the November 16, 2022. Seconded by Lou Huerta. Unanimous. 3. Discussion and Action: November 2022 Financials Marcos Garcia motioned to approve November 2022 finançials as presented by Rudy Salinas, SAS, CPA. Seconded by Lou Huerta. Unanimous. 4. Discussion and Action: TXClass Quarterly Report Marcos Garcia motioned to approve the TXClass Quarterly Report. Seconded by Lou Huerta. Unanimous. 5. Discussion and Action: ICSC Red River Dallas Marcos Garcia motioned to approve sending two Board members as well as staffto ICSC Red River- Dallas; the DCM will also purchase a booth. Seconded by Roel Villanueva. Unanimous. 6. Discussion and Action: MPC Studios Social Media No Action 7. Discussion and Action: MPC Studios Market Profile Roel Villanueva motions to approve engaging MPC Studios to draft the market profile for $3,750. Seconded by Marcos Garcia. Unanimous. 8. Discussion and Action: Land Use Assumption Plan Joe Flores motioned to approve the Land Use Assumption Plan as presented by Freese and Nichols for $39,696. Seconded by Marcos Garcia. Unanimous. 9. Discussion and Action: Geofencing International Border Joe Flores motioned to approve Spectrum S proposal to geofence the international border for $7,735. Seconded by Lou Huerta. Unanimous. 10. Executive Session: Section 551.087: Economic development negotiations with Project QC, Project STM, Project MD, Project RGVLS and Section 551.071: pending legal issues with delinquent loans and the USDA and on any regular agenda item requiring confidential, attorney-client advice necessitated by the deliberation or discussion of said item as needed. The Board went into Executive Session at 11:53 AM The Board went into Open Session at 2:18 AM 11. Discussion and Action: item #10 Joe Flores motioned to deny Project RGVLS. Seconded by Luis Huerta. Unanimous. 12. Adjournment: 2:20PM Fred Gonzalez, President Joe Flores, Jr., Vice President Tony Garza, Treasurer Peggy Marie Chavez - Yanez, Secretary Roel Villanueva, Member Luis Huerta, Member Marcos Garcia, Member