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Housing Minutes 10-09-20070 • MINUTES OF THE REGULAR MEETING • ROSEMEAD HOUSING DEVELOPMENT CORPORATION October 9, 2007 President Tran called the regular meeting of the Rosemead Housing Development Corporation to order at 6:02 p.m. in the Conference Room of City Hall, at 8838 E. Valley Boulevard, Rosemead, California. Director Clark led the pledge to the flag and Director Low led the invocation. ROLL CALL OF OFFICERS: Present: Directors Clark, Low, Taylor, Vice-President Nunez, President Tran Absent: None 1. PUBLIC COMMENTS FROM THE AUDIENCE - None 2. CONSENT CALENDAR A. Minutes August 28, 2007 - Regular Meeting B. Bank Signature Cards The Rosemead Housing Development Corporation requires only one bank account to efficiently operate its financial matters. Authorized signers on the Corporation's bank account include all Corporation Directors, Corporation Secretary, Executive Director and Assistant City Manager. Banks require new signature cards to be completed upon any changes in the list of authorized signers. Recommendation: That the Rosemead Housing Development Corporation's Directors authorize the Executive Director, Assistant City Manager and City Clerk as signers on the Rosemead Housing Development Corporation bank account. Director Taylor made a motion, with a second by Vice-President Nunez to approve Consent Calendar item B. Vote resulted: Yes: Clark, Low, Nunez, Taylor, Tran No: None Abstain: None Absent: None • 3. MATTERS FROM THE PRESIDENT & DIRECTORS- None Rosemead Housing Commission Minutes 1019107 Page 1 of 2 0 0 • 4. MATTERS FROM THE EXECUTIVE DIRECTOR & STAFF- None & ADJOURNMENT There being no further action at this time the meeting adjourned at 6:04 p.m. Respectfully submitted: APPROVED: Corporation Secretary • Rosemead Housing Commission Minutes 1019107 Page 2 of 2 STATE OF CALIFORNIA ) COUNTY OF LOS ANGELES } SS. CITY OF ROSEMEAD ) • I, Gloria Molleda, Corporation Secretary of the City of Rosemead, do hereby certify that the minutes of October 9, 2007, were duly and regularly approved and adopted by the Rosemead Housing Corporation on the 10th of June 2008, by the following vote to wit: Yes: Clark, Low, Nunez, Taylor, Tran No: None Abstain: None Absent: None Gloria Molleda Corporation Secretary