Development Corporation of Mercedes, Inc. Regular Called Meeting Wednesday, December 15, 2021 11:30AM Board Members Present: Fred Gonzalez - President Joe Flores - Vice President Peggy Marie Chavez - Yanez - Secretary Marcos Garcia - Member Board Members Absent: Tony Garza - Treasurer Roel Villanueva- Member Luis Huerta - Member EDC Staff Present: Melissa Ramirez - Executive Director Norma Saenz - Sr. Admin. Coordinator City Staff Present: Mark Sossi - DCM Attorney Others Present: Roberto Carillo - CPA, MSA Givilancz & Martinez 1. Call Meeting to order Fred Gonzalez called the meeting to order at 11:30 AM. 2. Discussion and Action: November 10, 2021 Board Minutes. Motion to approve November 10, 2021 minutes by Marcos Garcia. Seconded by Joe Flores. Unanimous. 3. Discussion and Action: November 2021 and December 2021 Financials Motion to approve October 2021 and November 2021 financials by Marcos Garcia. Seconded by Joe Flores. Unanimous. 4. Discussion and Action: TX Class Report Motion to approve discussion and review of report by Marcos Garcia. Seconded by Joe Flores. Unanimous. Assistant City Manager. Javier Ramirez joined meeting at 11:58. AM 5. Discussion and Action: Grant for Small Business Motion to table item for further discussion by Joe Flores. Seconded by Marcos Garcia. Unanimous. 6. Discussion and Action: National Professional Bull Riders Sponsorship No action. 7. Discussion and Action: ICSC - Dallas, February 1-3 Motion to approve 2 participants, Melissa Ramirez and 1 other individual to attend ICSC-Dallas and to include hotel accommodations if required by Joe Flores. Seconded by Marcos Garcia. Unanimous. 8. Discussion and Action: ICSC - Las Vegas Marketing Analytics Motion to approve current Geofencing through Facebook and Spectrum by Joe Flores. Seconded by Marcos Garcia. Unanimous. 9. Executive Session: Section 551.087: Economic development negotiations with Project Travel Center and Project H. Reynoso and Project MD 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 12:34 PM The Board went into Open Session at 1:03 PM 10. Discussion and Action: item #9 Project H. Reynoso - Joe Flores motioned to allow Mr. Reynoso's account to be discussed at a later meeting; allowing Mr. Reynoso to plead his case at the January meeting. Seconded by Marcos Garcia. Unanimous. Project MD - Motion to move forward to initiate negotiations with the 2 owners by Joe Flores. Seconded by Marcos Garcia. Unanimous. 10. Adjournment: 1:05 PM pebbe Fred Gonzalez, President Joe Flores, Jr., Vice President Vigy ymarie Chapuny Vanun Tony Garza, Treasurer Pegyw Marie Chavez - Yanez, Secretary Roel Villanueva, Member Luis Huerta, Member 1E Marcos Garcia, Member