Development Corporation of Mercedes, Inc. Agenda April 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, April 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: March 20, 2024 Minutes 3. Discussion and Action: March 2024 Financials 4. Discussion and Action: Election of Officers 5. Discussion and Action: Signage Grant Bid 6. Discussion and Action: Signage Grant, Pena 7. Discussion and Action: Little Nashville Fall Sponsorship 8. Discussion and Action: Tabled Items 9. Executive Session: Section 551.087: Economic development negotiations with Project R. Garza, Project Knights, Project STM, Project ASHTI, Project Arts, Project QSR, Project M30, Project 150, Project M2, Project Cruz, Project M. Carrillo, Project Bert Ogden, Project A. Garcia, Project RGVLS, Project Mercedes Light Industrial Park, Project G. Schwarz, Project Coffee, Project Carwash, Project Rios and Project UT, 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 ofr 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 Govemment Code, Section 551.001 et. seq. Ihereby certify this Notice ofal Meeting ofthe 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, located 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 April 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 oft the Texas Government Code. VNa VL 2 ATTEST: Melissa Ramirez, Development Corporation of Mercedes