Development Corporation of Mercedes, Inc. Regular Called Meeting Wednesday, May 18, 2022 11:30AM Board Members Present: Fred Gonzalez - President Joe Flores Vice President Tony Garza Treasurer Peggy Marie Chavez Yanez Secretary Roel Villanueva- Member Luis Huerta Member Marcos Garcia - Member Board Members Absent: EDC Staff Present: Melissa Ramirez Executive Director Norma Saenz Administrative Coordinator City Staff Present: Others Present: Mark Sossi DCM Attorney Roberto D. Carrillo, CPA, MSA - Givilancz & Martinez Jorge Salinas Owner, Apartment Complex Ricardo Rubiano - Owner, RubiGroup Capital 1. Call Meeting to order Fred Gonzalez called the meeting to order at 11:30 AM. 2. Discussion and Action: April 6, 2022 Minutes Marcos Garcia motioned to approve April 6, 2022 minutes as presented. Seconded by Luis Huerta. Unanimous. 3. Discussion and Action: March and April 2022 Financials. Marcos Garcia motioned to approve March 2022 financials as presented. Seconded by Roel Villanueva. Unanimous. Roel Villanueva motioned to approve April 2022 financials as presented. Seconded by Marcos Garcia. Unanimous. 4. Discussion: FY22-23 DCM Budget Melissa Ramirez, Executive Director presented preliminary budget for next year to board members for discussion. 5. Discussion and Action: Downtown Cleanup Joe Flores motioned to approve the agreement between DCM and Noe & Gloria Duenas. The Agreement will need to include a termination clause. The agreement discloses job functions and a weekly salary of$600; must be signed by all parties. Seconded by Tony Garza. Unanimous. 6. Discussion and Action: City Settlement Tony Garza motioned to amend the City's and DCM repayment agreement; with payment due March 2024. Mark Sossi will draft the agreement. Seconded by Marcos Garcia. Unanimous. 7. Discussion and Action: Acquisition of Copier Joe Flores motioned to approve LaserLux's 63 month proposal submitted. The current copier contract will expire June 30, 2022. Seconded by Marcos Garcia. Unanimous. 8. Executive Session: Section 551.087: Economic development negotiations with Project Travel Center, Project Rubiano, Project J. Salinas; and Section 551.072 Real Estate: MERCEDES ORIGINAL TOWNSITE LOT 15 & PT OF LOTS 16 & 17 BLK 50; 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 wen! into Executive Session at 12:07 PM The Board wen! into Open Session at 1:17 PM 9. Discussion and Action: item #8. Marcos Garcia motioned to approve purchasing Mercedes Original Townsite L15 & PT ofL16 & 17 Blk 50 with a cap of $50K. Seconded by Tony Garza. Unanimous. 10. Adjournment: 1:20 PM g262 Fred Gonzalet, Pfesident Joe Flores, Jr., Vice President Bau L mare Chawrpniep TonyGarza, Treasurer Pegyy Marie Chavez - ahez, Sécretary Roel Villanueva, Member Luis lyuerta, Member - Marcos Garcia, Member