Development Corporation of Mercedes, Inc. Regular Called Meeting Wednesday, October 20, 2021 11:30AM Board Members Present: Fred Gonzalez - President Joe Flores - Vice President Tony Garza - Treasurer Peggy Marie Chavez - Yanez - Secretary Roel Villanueva- Member Luis Huerta - Member Marcos Garcia - Member Board Members Absent: EDC Staff Present: Melissa Ramirez - Executive Director Norma Saenz - Administrative Coordinator City Staff Present: Alberto Perez - City Manager Mark Sossi - DCM Attorney Others Present: Roberto D. Carrillo, CPA, MSA - Givilancz & Martinez 1. Call Meeting to order Fred Gonzalez called the meeting to order at 11:30 AM. 2. Discussion and Action: August 18, 2021 and September 8, 2021 Board Minutes. Motion to approve August minutes by Marcos Garcia. Seconded by Luis Huerta. Unanimous. Motion to approve September minutes by Roel Villanueva. Seconded by Tony Garza. Unanimous. 3. Discussion and Action: August 2021 and September 2021 Financials. Motion to approve August 2021 financials by Joe Flores. Seconded by Tony Garza. Unanimous. Motion to approve September 2021 financials and to review the American Express fees at the following meeting by Tony Garza. Seconded by Roel Villanueva. Unanimous. 4. Discussion and Action: Smoking on the Rio - Fiesta del Sol Sponsorship. $12,500 Motion to approve $2500 sponsorship for Smoking on the Rio-Fiesta del Sol by Roel Villanueva. - Seconded by Luis Huerta. Unanimous. 5. Discussion and Action: Electricity for HEB Park Motion by Joe Flores to approve STX for $4,237 and include $1000 contingency. Seconded by Roel Villanueva. Unanimous. 6. Discusion and Action: Purchase of Pop Up Tent Motion to approve Tex Vision for $6576.19 and seek an additional quote from Ez-Up, staff has authority to select most economical quote, by Roel Villanueva. Seconded by Tony Garza. Unanimous. 7. Discussion and Action: ICSC-Las Vegas, December 5-7, 2021 Tabled by Joe Flores. Seconded by Tony Garza. Unanimous. 8. Executive Session: Section 551.087: Economic development negotiations with Project Drive- In, Project Travel Center Tenant, Project Macaw and Section 551.071: pending legal issues with delinquent notes 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 12:05 PM The Board went into Open Session at 12:28 PM 9. Discussion and Action: item #8 Project Drive-In motion to approve $150K and cost shared with city as discussed in Executive Session by Tony Garza. Seconded by Roel Villanueva. Unanimous. Project Travel Center Tenant motion to approve $250K by Roel Villanueva. Seconded by Joe Flores. Unanimous. 10. Adjournment: 12:30 PM - - msel peblio Fred Gonzalez, President Joe Flores, Jr., Vice President - - - Vpagy hani Chuyprin Tony Garza, Treasurer Peggy/Marie Chavez - Yanez, Secretary - Roel Villanueva, Member Luis Huerta, Member Marcos Garcia, Member