Development Corporation of Mercedes, Inc. Agenda March 15, 2023 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, March 15, 2023 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: February 15, 2023 Minutes 3. Discussion and Action: February 2023 Financials 4. Discussion and Action: TX Class Report 5. Discussion and Action: Chamber Billboard 6. Discussion and Action: Signage Grant 7. Executive Session: Section 551.087: Economic development negotiations with Project Entertainment, Project G. Schwarz, Project Cruz, Project STM, Project Coffee, Project Killer V, Project MD, Project M2, Project M30, Project Carwash and Project UT, Section 551.072 Real Estate: Purchase of Mercedes Original Townsite Lot 14 BLK 50 and Section 551.071: pending legal issues with delinquent loans, G. Gomez, and on any regular agenda item requiring confidential, attorney-client advice necessitated by the deliberation or discussion of said item as needed. 8. Discussion and Action: item #7 9. 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 of real 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 Government Code, Scction 551.001 et. seq. I hereby certify this Notice of a Meeting of the Development Corporation of Mercedes was posted in accordance with the Open Mectings Act on 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 on the 10h day of March 2023 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: A Melissa Ramirez, Development Corporation of Mercedes