Development Corporation of Mercedes, Inc. Regular Called Meeting Wednesday, March 19, 2025 11:30AM Board Members Present: Marcos Garcia -President Joe Flores - Vice-President Peggy Marie Chavez- Treasurer Fred Gonzalez- Member Tony Garza - Member Board Members Absent: Lou Huerta Secretary Roel Villanueva - Member EDC Staff Present: Melissa Ramirez - Executive Director Zefra Mascorro = Administrative Coordinator Mario Salinas - Marketing Specialist Mark Sossi - DCM Attorney City Staff Present: Alberto Perez- City Manager Armando Garcia- City Commissioner Others Present: Rudy Salinas-SAS CPA Dalinda Ramos- SWG Engineering Randy Winston- SWG Engineering Tony Sanchez- American Legion Leo Villarreal- American Legion Don Van Deet- American Legion Ramiro Aldape- American Legion 1. Call Meeting to order Marcos Garcia called the meeting to order at 11:35AM 2. Discussion and Action: February 19, 2025 Minutes Fred Gonzalez moved to approve the February 19, 2025 Minutes as presented. Seconded by Peggy Marie Chavez. All voted aye. 3. Discussion and Action: February 2025 Financials Fred Gonzalez moved to approve the February 2025 Financials as presented. Seconded by Tony Garza. All voted aye. 4. Discussion and Action: TXCLASS Report Tony Garza moved to approve the TXCLASS Quarterly Report. Seconded by Peggy Marie Chavez. All voted aye. 5. Discussion and Action: Budget Amendment Fred Gonzalez moved to approve the FY24-25 Budget Amendment as presented. Seconded by Tony Garza. All voted aye. 6. Discussion and Action: Resimplify Proposal Tony Garza moved to Table the purchase of the Resimplify web platform. Seconded by Peggy Marie Chavez. All voted aye. Mr. Joe Flores, Board Vice-President entered the Open Session Meeting at 11:47AM 7. Discussion and Action: Conveyance of2.10 Acres out ofLots 11 and 12, Block 80, Campacuas Addition and 9.24 acres out of Lot 9, Block 103, Campacuas Addition to City of Mercedes for Drainage Improvements Marcos Garcia moved to approve the conveyance of2.10 Acres out ofLots 11 and 12, Block 80, Campacuas Addition and 9.24 acres out ofLot 9, Block 103, Campacuas Addition to City of Mercedes for Drainage Improvements and add a claw back in the contract stating ifthe City of Mercedes isn't using the land for its intended purpose and there is an economic opportunity the land shall be conveyed back to the DCM. Seconded by Tony Garza. All voted aye. 8. Discussion and Action: Tabled Items No Action 9. Executive Session: Section 551.087: Economic development negotiations with 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, 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 12:14PM The Board went into Open Session at 1:34PM 10. Discussion and Action: item #9 No Action 11. Adjournment: 1:34PM 1 / Bare bares Marcos Garcia, President Joe Flores, Jr., Vice-President Vua Vhuni Chapvag Loul Huerta, Secretary Peggy Marie Chavez, Treasurer - Donk ml Fred Gonzalez, Member Roel Villanueva, Member Tony Garza, Member