Development Corporation of) Mercedes, Inc. Agenda March 20, 2024 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, March 20, 2024 at 11:30AM at the Development Corporation of Mercedes at 320 South Ohio for the purpose ofc considering and taking formal action regarding the following items: 1. Call meeting to order 2. Discussion and Action: February 21, 2024 Minutes 3. Discussion and Action: February 2024 Financials 4. Discussion and Action: Election of Officers 5. Discussion and Action: Hotel Feasibility Study 6. Discussion and Action: RGV Parmnershp-Memberahp & Sponsorship 7. Discussion and Action: TXCLASS Quarterly Report 8. Discussion and Action: National Fitness Campaign 9. Discussion and Action: ICSC-Las Vegas 10. Discussion and Action: Small Business Awards Reception 11. Discussion and Action: Signage Grant, Adame 12. Discussion and Action: Tabled Items 13. Executive Session: Section 551.087: Economic development negotiations with Project R. Garza, Project Knights, Project STM, Project ASHTI, Project Arts, Project QSR, Project M30, Project 150, Project M2, Project Cruz, Project M. Carrillo, Project Bert Ogden, Project A. Garcia, Project RGVLS, Project Mercedes Light Industrial Park, Project G. Schwarz, Project Coffee, Project Carwash, Project Rios, Project UT, Section 551.071: pending legal issues with delinquent loans and on any regular agenda item requiring confidential, attorney-client advice neçessitated by the deliberation or discussion of said item as needed. 14. Discussion and Action: item #13 15. 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 oft 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 Texas Code Annotated, Texas Goverment Code, Section 551.001 et. seq. Ihereby certify this Notice ofaN Meeting ofthe Development Corporation of Mercedes was posted in accordance with the Open Meetings Act on the outside bulletin board at City Hall oft 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" day of March 2024 at. 3:00PM and will remain so posted continuously for at least 72-hours proceeding the scheduled time ofthis meeting in accordance with Chapter 551 ofthe Texas Government Code) ul A ATTEST: Mn Melissa Ramirez, Development Corporation ofMercedes