Development Corporation of Mercedes, Inc. Regular Called Meeting Wednesday, February 15, 2023 11:30AM Board Members Present: Fred Gonzalez - President Joe Flores - Vice President Tony Garza - Treasurer Peggy Marie Chavez - Yanez - Secretary Luis Huerta - Member Marcos Garcia - Member Roel Villanueva- Member Board Members Absent: EDC Staff Present: Melissa Ramirez = Executive Director Rose Saenz - Administrative Coordinator Mark Sossi - DCM Attorney City Staff Present: Alberto Perez - City Manager Others Present: Rudy Salinas - SAS, CPA Adrian Webb - CPA 1. Call Meeting to order Fred Gonzalez called the meeting to order at 11:31 AM. 2. Discussion and Action: January 25, 2023 Board Minutes Marcos Garcia motioned to approve the January 25, 2023 Board Minutes as presented. Seconded by Joe Flores. All voted aye. 3. Discussion and Action: January 2023 Financials Roel Villanueva motioned to approve the January 2023 Financials as presented. Seconded by Marcos Garcia. All voted aye. 4. Discussion and Action: FY 21-22 Audit Joe Flores motioned to approve the FY 21-22 Audit as presented. Seconded by Marcos Garcia. All voted aye. 5. Discussion and Action: Election of Officers Joe Flores motioned to nominate Tony Garza for President, nomination accepted, no second; motion dies. Marcos Garcia motioned to keep Fred Gonzalez as President, nomination accepted. Seconded by Roel Villanueva. All voted aye. Roel Villanueva motioned to nominate Tony Garza for Vice President, nomination declined, motion dies. Tony Garza motioned to nominate Marcos Garcia for Vice President, nomination accepted. Seconded by Lou Huerta. All voted aye. Tony Garza motioned to nominate Peggy Marie Chavez - Yanez for Treasurer, nomination accepted. Seconded by Marcos Garcia. All voted aye. Tony Garza motioned to nominate Luis Huerta for Secretary, nomination accepted. Seconded by Marcos Garcia. All voted aye. 6. Discussion and Action: ICSC - Las Vegas Tony Garza motioned not to attend ICSC - Las Vegas. Seconded by Lou Huerta. Lou Huerta, Tony Garza and Peggy Marie Chavez - Yanez voted aye. Joe Flores, Marcos Garcia, Roel Villanueva, and Fred Gonzalez voted nay. Roel Villanueva motioned to attend ICSC - Las Vegas with only 2 board members. Seconded by Marcos Garcia. Fred Gonzalez, Marcos Garcia, Peggy Marie Chavez - Yanez and Roel Villanueva vote aye. Lou Huerta, Tony Garza and Joe Flores voted nay. Marcos Garcia motioned to approve a large 10'x20' booth at ICSC - Las Vegas contingent upon approved cost share with the City ofMercedes or a regular 10'x10' booth with no cost share approval. Seconded by Roel Villanueva. Fred Gonzalez, Joe Flores, Roel Villanueva, Peggy Marie Chavez - Yanez and Marcos Garcia vote aye. Lou Huerta and Tony Garza voted nay. 6. Discussion and Action: Resolution to Approve Utilizing AMEX points for Christmas Bonus/Gift cards Tony Garza motioned to approve the Resolution to Approve Utilizing AMEX points for Christmas Bonus/Gift cards. Seconded by Luis Huerta. All voted aye. 7. Discussion and Action: Travel Policy Tony Garza motioned to approve lodging at the conference hotel and increase the per diem up to 1.5 times the GSA Rate. Seconded by Marcos Garcia. All voted aye. 8. Discussion: 357 N Virginia Lease Tony Garza motioned to decline the Queen City Food Park's lease request at the DCM's recently acquired property 357 N Virginia. Seconded by Marcos Garcia. All voted aye. 9. Executive Session: Section 551.087: relating to economic incentives for Project Shepard and Project G. Schwarz 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 12:52 PM The Board went into Open Session at 1:15 PM 10. Discussion and Action: item #9 Project Shepard: No Action Project Schwarz: No. Action Roel Villanueva motioned to proceed with the delinquent legal issues as advised by legal counsel in executive session. Seconded by Marcos Garcia. 12. Adjournment: 1:17 PM lru Fred Gonzalez, President Joe Flores, Jr., Member Tony Garza, Member Peggy Marie Chavez - Yanez, Treasurer IN ( & Roel Villanueva, Member Marcos Garcia, Vice President 4a (Luis Huerta, Secretary