Development Corporation of Mercedes, Inc. Regular Called Meeting Wednesday, April 16, 2025 11:30AM Board Members Present: Marcos Garcia -President Lou Huerta - Secretary Peggy Marie Chavez- Treasurer Fred Gonzalez- Member Board Members Absent: Joe Flores = Vice-President Roel Villanueva Member Tony Garza - Member 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 Marcos Garcia called the meeting to order at 11:31AM 2. Discussion and Action: March 19, 2025 Minutes Fred Gonzalez moved to approve the March 19, 2025 minutes with corrections. Seconded by Lou Huerta. All voted aye. 3. Discussion and Action: March 2025 Financials Lou Huerta moved to approve the March 2025 Financials as presented. Seconded by Peggy Marie Chavez. All voted aye. 4. Discussion and Action: ICSC Booth Expenditures Marcos Garcia moved to approve the ICSC Booth Expenditures for the rental of an Exhibit Counter at a cost of $808.00 and a Graphic Insert Panel for Exhibit Counter at a cost of $443.00. Seconded by Peggy Marie Chavez. All voted aye. 5. Discussion and Action: NaviRetail Fred Gonzalez moved to Table the NaviRetail platform. Seconded by Lou Huerta. All voted aye. 6. Discussion and Action: Tabled tems-Resimplify No Action 7. Executive Session: Section 551.087: Economic development negotiations with Project ZIWA, Project Gomez, Project American Legion, Project J. San Miguel, Project Renata Ledesma, Project M30, Project Stay, Project Kamel, Project ASHTI, Project Arts, Project QSR, Project 150, Project M2, Project Cruz, Project Bert Ogden, Project RGVLS, Project G. Schwarz, Project Coffee, Project Carwash, Project Rios and Project UT and Section 551.071: pending legal issues, Release oflien for 3001 E. Expressway 83 in Mercedes, 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 11:50AM The Board went into Open Session at 12:27PM 8. Discussion and Action: item #7 No Action 9. Adjournment: 12:27PM baaree a la - Marcos Garcia, President Joe Flores, Jr., Vice-President 1 a M Bly Mari - Lou Huerta/Secretary PegNy Marie Chavez, Du A / Fred Gonzalez, Member Roel Villanueva, Member Tony Garza, Member