Development Corporation of Mercedes, Inc. Agenda July 19, 2023 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, July 19, 2023 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: June 21, 2023 Minutes 3. Discussion and Action: June 2023 Financials 4. Discussion and Action: ReMarkable 2 Tablet 5. Discussion and Action: Signage Grant Program Guidelines and Application 6. Discussion: Draft Budget for FY23-24 7. Executive Session: Section 551.087: Economic development negotiations with Project RGVLS, Project M30, Project AHSTI, Project A. Garcia, Project Mercedes Light Industrial Park, Project 150, Project Ali, Project G. Schwarz, Project Cruz, Project STM, Project Coffee, Project Killer V, Project M2, Project Carwash, Project Rios and Project UT, Section 551.072 Real Estate: CAPISALLO 0.39AC TR 1 PART 3 & 0.55AC TR 2 PART 3A BNG IRR TRS LYING N&S-FM 491 LOT 16 BLK 80 1.15AC GR 0.94AC NET & CAPPISALLO W210.20-N656.4 LOT 14 BLK 80 22.77 A GR 22.11 AC NET: pending legal issues with delinquent loan MD International and on any regular agenda item requiring confidential, attorney-client advice necessitated by the deliberation or discussion of said item as needed. 8. Discussion and Action: item #7 9. 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 of 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 's Texas Code Annotated, Texas Govemment Code, Section 551.001 et. seq. Ihereby certify this Notice ofal Meeting ofthel Development Corporation ofMercedes was posted in accordance with the Open Meetings Act on the outside bulletin board at City Hall of 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 14"h day of July 2023 at 11:00AM and will remain so posted continuously for at least 72-hours proceeding the scheduled time of this meeting in accordance with Chapter 551 ofthe Texas Government Code. ATTEST: Melissa Ramirez, Development Corporation of Mercedes