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Housing Minutes 06-26-2001APPRO V ELY CITY O R SEMEAD DATE-- MINUTES OF THE REGULAR MEETINGY Je02" ROSEMEAD HOUSING DEVELOPMENT CORPORATION JUNE 26, 2001 The Regular Meeting of the Rosemead Housing Development Corporation was called to order by President Imperial at 7:40 p.m. in the Conference Room of City Hall, 8838 E. Valley Boulevard, Rosemead, California. The Pledge to the Flag was led by Director Vasquez The Invocation was delivered by President Imperial ROLL CALL OF OFFICERS: Present: Directors Clark, Taylor, Vasquez, Vice-President Bruesch, and President Imperial Absent: None APPROVAL OF MINUTES: JUNE 27, 2000 - REGULAR MEETING MOTION BY VICE-PRESIDENT BRUESCH, SECOND BY DIRECTOR TAYLOR that the Minutes of the Regular Meeting of June 26, 2001, be approved as submitted. Vote resulted: Aye: Bruesch, Vasquez, Clark, Imperial, Taylor No: None Absent: None Abstain: None The President declared said motion duly carried and so ordered. 1. RESOLUTION NO. 01-01 CLAIMS AND DEMANDS The following Resolution was presented to the Rosemead Housing Development Corporation for adoption: RESOLUTION NO. 01-01 A RESOLUTION OF THE ROSEMEAD HOUSING DEVELOPMENT CORPORATION ALLOWING CERTAIN CLAIMS AND DEMANDS IN THE SUM OF $338,001.92 AND DEMANDS NO. 1221 THROUGH NO. 1247 MOTION BY VICE-PRESIDENT BRUESCH, SECOND BY DIRECTOR VASQUEZ that the Corporation adopt Resolution No. 01-01. Vote resulted: Aye: Bruesch, Vasquez, Imperial, Clark, Taylor No: None Absent: None Abstain: None The President declared said motion duly carried and so ordered. 2. RESOLUTION NO. 01-02 - ADOPTING 2001-02 ROSEMEAD HOUSING DEVELOPMENT CORPORATION BUDGET MOTION BY DIRECTOR TAYLOR, SECOND BY VICE-PRESIDENT BRUESCH that the Corporation adopt Resolution No. 01-02. Vote resulted: Yes: Vasquez, Bruesch, Imperial, Clark, Taylor No: None Absent: None Abstain: None The President declared said motion duly carried and so ordered. Vice-President Bruesch asked how many applications there are for first-time buyers. Don Wagner, Assistant City Manager, replied that in the last year there were approximately 12 or so applications processed. Mr. Wagner continued that some of them dropped out of the program, some could not qualify, etc. Director Taylor requested copies of all applications. 3. MATTERS FROM OFFICIALS - None 4. ORAL COMMUNICATIONS FROM THE AUDIENCE OF HOUSING DEVELOPMENT MATTERS - None 5. ADJOURNMENT There being no further action at this time, the meeting was adjourned at 7:20 p.m. Respectfully submitted: Corporation Secretary A nTln llt rT`T.