Development Corporation of Mercedes, Inc. Regular Called Meeting Wednesday, May 17, 2023 11:30AM Board Members Present: Fred Gonzalez - President Marcos Garcia - Vice President Peggy Marie Chavez-Yanez-lreasurer Lou Huerta = Secretary Joe Flores - Member Tony Garza-Member Roel Villanueva- Member Board Members Absent: EDC StaffPresent: Melissa Ramirez - Executive Director Zefra Mascorro = Administrative Coordinator Mario Salinas-Marketing Specialist Mark Sossi- DCM Attorney City Staff Present: Alberto Perez - City Manager Others Present: Rudy Salinas- SAS, CPA Justine Robinson-Civi-Serve (Virtually) K. Kyle-CivicServe (Virtually) J. Shell- CivicServe (Virtually) Luis Saldana- RGVLS Mohammed Ali- Project Ali Jorge Salinas- Project J. Salinas 1. Call Meeting to order Fred Gonzalez called the meeting to order at 11:30AM 2. Discussion and Action: April 19, 2023 Minutes Marcos Garcia voted to approve the April 19, 2023 Minutes as presented. Seconded by Tony Garza. All voted aye. 3. Discussion and Action: April 2023 Financials Roel Villanueva voted to approve the April 2023 Financials as presented. Seconded by Marcos Garcia. All voted aye. Luis Saldana entered the meeting at 11:35AM 4. Discussion and Action: CivicServe Joe Flores motioned to accept the proposal from CivicServe as presented. Seconded by Marcos Garcia. All voted aye. Mohammed Ali entered the meeting at 11:46AM 5. Discussion and Action: Health and Supplemental Insurance Tony Garza motioned to approve the payment for health and supplemental insurance. Seconded by Marcos Garcia. All voted aye. 6. Discussion and Action: Chamber Billboard Tony Garza motioned to cost share the Chamber Billboard with the Mercedes Area Chamber of Commerce at $9,250.00. Seconded by Marcos Garcia. All voted aye. 7.Executive Session: Section 551.087: Economic development negotiations with Project Entertainment, Project RGVLS, Project Ali, Project J. Salinas, Project G. Schwarz, Project Cruz, Project STM, Project Coffee, Project Killer V, Project M2, Project M30, Project Carwash and Project UT, Section 551.072 Real Estate: CAPISALLO 0.39AC TR 1 Part3 & 0.55AC TR 2 PART 3A BNG IRR TRS LYING N&S FM 491 LOT 16 BLK 80 1.15AC GR 0.94AC NET and Section 551.071: pending legal issues with USDA and 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 11:51 AM The Board went into Open Session at 1:15 PM 12. Discussion and Action: item #7 Roel Villanueva motioned to deny the request by Project J. Salinas. Seconded by Marcos Garcia. All voted aye. Roel Villanueva motioned to extend Project Schwarz' performance agreement until January 2024. Seconded by Tony Garza. All voted aye. 13. Adjournment: 1:17 PM as Fred Gonzalez, President Joe Flores, Jr., Member 1y Marcos Garcia, Vice-President TonyGarza, Member Saas Maniu ChwI AU Pegey Marie Chavez-Yanéz, Treasurer Roel Villanueva, Member Kou Huerta, Secretary