Development Corporation of Mercedes, Inc. Special Called Meeting Thursday, July 25, 2019 3:00PM 320 S. Ohio Board Members Present: Fred Gonzalez - President Jaime Gonzales - Secretary Tony Garza - Treasurer Manuel Garza- Member Board Members Absent: Joe Flores - Vice President Roel Villanueva- Member Antonio Anzaldua III Member EDC Staff Present: Melissa Ramirez Executive Director Rose Saenz Administrative Assistant City Staff Present: Mark Sossi - DCM Interim Attorney 1. Call Meeting to order Fred Gonzalez called the meeting to order at 3:00 PM. 2. Discussion and Action: Sponsorship for Dr. Hector P. Garcia Memorial Foundation Tony Garza motioned to forgo the Dr. Hector P. Garcia Memorial Foundation sponsorship. Seconded by Jaime Gonzales. All voted aye. 3. Executive Session: Section 551.087: Economic development negotiations with Project D. Reyna, Section 551.017 (2) consultation with legal counsel to discuss confidential matters protected by the attorney client communication privilege relating to delinquent loans 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 3:03 PM The Board went into Open Session at 3:16 PM 4. Discussion and Action: item #3 Tony Garza moved to deny loan for Project D. Reyna. Seconded by Manuel Garza. All voted aye. Tony Garza moved to deny loan for Project B. Gonzalez. Seconded by Manuel Garza. All voted aye. 5. Adjournment: 3:18 PM bty Fred Gonzalez, President Joe Flores, Jr., Vice President LR Tony Garza, Treasurer Jaime Gonzales, Secretary Roel Villanueva, Member Antonio Anzaldua III, Member Manuel Garza, Member