Development Corporation of Mercedes, Inc. Regular Called Meeting Wednesday, April 19, 2023 11:30AM Board Members Present: Fred Gonzalez - President Marcos Garcia = Vice President Peggy Marie Chavez-Yanez-Treasurer Lou Huerta = Secretary Joe Flores - Member Tony Garza-Member Board Members Absent: Roel Villanueva- Member EDC Staff Present: Melissa Ramirez - Executive Director Zefra Mascorro - Administrative Coordinator Mario Salinas- Marketing Specialist Mark Sossi- DCM Attorney City Staff Present: Alberto Perez - City Manager Javier Ramirez- Assistant City Manager Others Present: Rudy Salinas- SAS, CPA Oralia Cardenas- GrantWorks Rina Castillo- Prairie View A&M University HUB Program 1. Call Meeting to order Fred Gonzalez called the meeting to order at 11:30AM 2. Discussion and Action: March 15, 2023 Minutes & March 29, 2023 Minutes Marcos Garcia voted to approve the March 15, 2023 Minutes & March 29, 2023 Minutes as presented. Seconded by Lou Huerta. All voted aye. Alberto Perez, City Manager entered the meeting at 11:37AM Garcia. All voted aye. Javier Ramirez, Assistant City Manager entered the meeting at 11:41AM 4. Discussion and Action: GrantWorks Presentation No action on this item. 5. Discussion and Action: Prairie View A&M University HUB Program Recap No action on this item. 6. Discussion and Action: Signage Grant Marcos Garcia motioned to draft signage grant guidelines and to schedule a workshop to be presented to board members. Seconded by Joe Flores and Lou Huerta. All voted aye. 7. Discussion and Action: Lease Agreement with the Chamber Marcos Garcia motioned to approve the lease agreement with the chamber at a cost of$1500 contingent on approval from Mercedes Area Chamber of Commerce Board of Directors. Seconded by Lou Huerta. Peggy Marie Chavez-Yanez, Lou Huerta, Tony Garza, and Joe Flores voted aye. Fred Gonzalez abstained. 8. Discussion and Action: Acquisition ofTrolley Lou Huerta motioned to table the item. Seconded by Marcos Garcia. All voted aye. 9. Discussion and Action: Aurora House Luncheon Fundraiser Marcos Garcia motioned to approve the Aurora House Luncheon Fundraiser Sponsorship for 5 tickets at a cost of$1,100. Seconded by Lou Huerta. All voted aye. 10. Discussion and Action: ICSC Las Vegas Marcos Garcia motioned to approve a 3rd board member attending the ICSC Las Vegas convention. Seconded by Lou Huerta. All voted aye. 11.Executive Session: Section 551.087: Economic development negotiations with Project Entertainment, Project Rios, 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] North Mercedes Heights Lots 6 thru 8 BLK 1 and North Mercedes Heights Lot 5 and S 10' X 120' of Alley BLK 1 Section 551.071: pending legal issues with delinquent loans, J. Berry, G. Gomez and MD International 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 12:30PM The Board went into Open Session at 1:00PM 12. Discussion and Action: item #11 Lou Huerta motioned to approve a 6-month extension of the performance agreement for Project Rios. Seconded by Marcos Garcia. All voted aye. Tony Garza motioned to approve the relocation of the irrigation line for Project M30 contingent on an approved plat and final approval of the city commission. Seconded by Marcos Garcia. All voted aye. 13. Adjournment: 1:01PM 4 2lps olltbes Fred Gonzalez, President Joe Flores, Jr., Member 1MAE 1 Marcos Garcia, Vice-President TonyGarza, Member L Pupmaiu Ch? uun PegtyMarie Chavez-Pahez Rbel Villanueva Kou Huerta, Secretary