Development Corporation of Mercedes, Inc. Regular Called Meeting Wednesday, December 18, 2024 11:30AM Board Members Present: Fred Gonzalez- President Marcos Garcia -Vice President Lou Huerta - Secretary Roel Villanueva - Member Tony Garza - Member Joe Flores - Member Board Members Absent: Peggy Marie Chavez Yanez- Treasurer EDC Staff Present: Melissa Ramirez = Executive Director Zefra Mascorro - Administrative Coordinator Mario Salinas = Marketing Specialist Mark Sossi - DCM Attorney Others Present: Rudy Salinas-SAS CPA 1. Call Meeting to order Fred Gonzalez called the meeting to order at 11:30AM 2. Discussion and Action: November 13, 2024 Minutes Roel Villanueva voted to approve the November 13, 2024 Minutes as presented. Seconded by Lou Huerta. All voted aye. 3. Discussion and Action: November 2024 Financials Roel Villanueva voted to approve the November 2024 Financials as presented. Seconded by Tony Garza. All voted aye. 4. Discussion and Action: TX Class Quarterly Report Roel Villanueva voted to approve the TXCLASS Quarterly Report. Seconded by Tony Garza. All voted aye. 5. Discussion and Action: Civic Serve Joe Flores voted to renew the Civic Serve platform at a cost ofs $9,500. Seconded by Roel Villanueva. All voted aye 6. Discussion and Action: D. Vogel Business Park (AMND) Lot 3C Pricing Roel Villanueva voted to place D. Vogel Business Park (AMND) Lot 3C on the market for $350,000. Seconded by Tony Garza. All voted aye Marcos Garcia, Board Vice-President entered the Open Session Meeting at 11:40AM. 7. Discussion and Action: DCM Signage Improvement Program-Armando Garcia, Rolando Garza, Brooke S. Cantu, Joseph Trevino Marcos Garcia motioned to approve Garcia's Insurance Signage Grant Application as is and to have Mario Salinas, DCM Marketing Specialist work on new renderings for Rolando Garcia, Brook S. Cantu and Joseph Trevino's pending board approval at the next meeting. Seconded by Joe Flores. All voted aye. 8. Discussion and Action: Tabled Items No Action 9. Executive Session: Section 551.087: Economic development negotiations with Project M30, Project MD International, Project Stay, Project 150, Project M2, Project J. San Miguel, Project Renata Ledesma, Project Kamel, Project Travel Center, Project Arts, Project QSR, Project Bert Ogden and Section 551.071: pending legal issues with Case No C-4846-19-A, delinquent loans 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 12:04PM The Board went into Open Session at 12:27PM 10. Discussion and Action: item #9 No Action 11. Adjourmyet:1227P94 A4 thel Fred Gonzalez, President Joe Flores, Jr., Member bas Marcos Garcia, Vice-President Tony Garza, Member / A Peggy Marie Chavez-Yanez, Treasurer Roel Villanueva, Member Lou Huerta, Secretary