Housing Minutes 12-27-2005MINUTES OF THE REGULAR MEETING
ROSEMEAD HOUSING DEVELOPMENT CORPORATION
December 27, 2005
President Imperial called the Regular Meeting of the Rosemead Housing Development
Corporation to order at 7:12 p.m. in the Conference Room of City Hall, 8838 E. Valley
Boulevard, Rosemead, California.
The Pledge and Invocation were waived as having been completed during the meeting just
adjourned.
ROLL CALL OF OFFICERS:
Present: Directors Clark, Nunez, Tran, Vice-President Taylor, and President
Imperial
Absent: None
RESOLUTION NO. 2005-05 CLAIMS AND DEMANDS
The following Resolution was presented to the Rosemead Housing Development
Corporation for adoption:
RESOLUTION NO. 2005-05
A RESOLUTION OF THE ROSEMEAD HOUSING DEVELOPMENT
CORPORATION ALLOWING CERTAIN CLAIMS AND DEMANDS IN THE
SUM OF $ 5,000, DEMAND NO. 1477.
A motion by Director Clark, with a second by Director Tran that the Corporation adopts
Resolution No. 2005-05 was put forth. Vote resulted:
Aye:
Clark, Imperial, Nunez, Taylor, and Tran
No:
None
Absent:
None
Abstain:
None
The President declared said motion duly carried and so ordered.
2 RESOLUTION NO. 2005-04 - A RESOLUTION OF THE BOARD OF
DIRECTORS OF THE ROSEMEAD HOUSING DEVEVELOPMENT
CORPORATION AMENDING SECTION 5.4 OF THE CORPORATION
BYLAWS
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AB 11, effective January 1, 2006, provides that the compensation received by
Councilmembers for serving on the City Council also constitutes compensation for
serving on related boards and commissions; and that no additional compensation can be
received unless it is specifically authorized by another statue. If that statue fails to
specify compensation, the maximum amount of compensation for serving on the board or
commission is $150 per month.
Director Clark requested a clarification about the compensation policy for the Housing
Development Corporation.
Agency Attorney Peter Wallin explained that compensation for the Housing
Development Corporation will consist of $150 per month effective January 1, 2006
regardless of how many times the board meets; currently, board members do not receive
compensation for serving on the board.
A motion by Director Tran with a second by Director Nunez that the Corporation adopts
Resolution No. 2005-04 was put forth. Vote resulted:
Aye:
Clark, Imperial, Nunez, Taylor, and Tran
No:
None
Absent:
None
Abstain:
None
The President declared said motion duly carried and so ordered.
3. MATTERS FROM OFFICIALS - None
4. ORAL COMMUNICATIONS FROM THE AUDIENCE ON HOUSING
DEVELOPMENT MATTERS - None
5. ADJOURNMENT
Being no further action at this time, the meeting was adjourned at 7:15 p.m.
The next regular meeting is schedule for January 24, at 7:00 PM.
Respectfully submitted:
-~L'6L
Corporation Secretary
APPROVED:
RESIDENT
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STATE OF CALIFORNIA )
COUNTY OF LOS ANGELES ) SS.
CITY OF ROSEMEAD )
rl
I, Nina Castruita, City Clerk of the City of Rosemead, do hereby certify that the
minutes from December 27, 2005 were duly and regularly approved and adopted by the
Rosemead Housing Development Corporation on the 27th of June 2006, by the following
vote to wit:
Yes: CLARK, IMPERIAL, NUNEZ, TAYLOR, TRAN
No: NONE
Absent: NONE
Abstain: NONE
) (~~Au jA&
Nina astruita
Secretary