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Housing Minutes 12-19-20060 % MINUTES OF THE REGULAR MEETING ROSEMEAD HOUSING DEVELOPMENT CORPORATION December 19, 2006 President Taylor called the Regular Meeting of the Rosemead Housing Development Corporation to order at 7:00 p.m. in the Conference Room of City Hall, 8838 E. Valley Boulevard, Rosemead, California. Vice-President Nunez led the pledge to the flag and President Taylor led the invocation. ROLL CALL OF OFFICERS: Present: Director Clark, Imperial, Tran, Vice-President Nuriez, President Taylor Absent: None 1. PUBLIC COMMENTS FROM THE AUDIENCE - None 2. CONSENT CALENDAR A. Minutes June 6, 2006 - Regular Meeting June 27, 2006 - Regular Meeting B. Bank Signature Cards The Rosemead Housing Development Commission requires one bank account to efficiently operate its financial matters. Authorized signers on the Commission's bank account include the Board of 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. With the retirement of the former Executive Director and Assistant City Manager it is necessary to remove their names as authorized signers and replace their names with the new Executive Director and Deputy City Manager. Recommendation: That the Corporation authorize Executive Director, Andrew C. Lazzaretto and Deputy City Manager Oliver Chi be named as signers on the Rosemead Housing Development Commission Bank Account, replacing the names of the former Executive Director and Assistant City Manager. Housing Minutes 12_19_06 Page 1 of 2 s DIRECTOR TRAN MADE A MOTION, WITH A SECOND BY VICE-PRESIDENT NUNEZ to approve the Consent Calendar items listed above. Vote resulted: Yes: Clark, Imperial, Nunez, Taylor, Tran No: None Abstain: None Absent: None 3. MATTERS FROM THE PRESIDENT & DIRECTORS - None 4. MATTERS FROM THE EXECUTIVE DIRECTOR & STAFF - None 5. ADJOURNMENT Being no further action at this time, DIRECTOR TRAN MADE A MOTION, WITH A SECOND BY VICE-PRESIDENT NUNEZ to adjourn the meeting at 7:02 p.m. Vote resulted: Yes: Clark, Imperial, Nunez, Taylor, Tran No: None Abstain: None Absent: None Respectfully submitted: APPROVED: k;,~t Corporation Secretary Housing Minutes 12_19_06 Page 2 of 2 STATE OF CALIFORNIA ) COUNTY OF LOS ANGELES ) SS. CITY OF ROSEMEAD 1 • I, Nina Castruita, Corporation Secretary of the City of Rosemead Housing Development Corporation, do hereby certify that the minutes from December 19, 2006 were duly and regularly approved and adopted by the Rosemead Housing Development Corporation on the 24th of April 2007, by the following vote to wit: Yes: Clark, Nunez, Taylor, Tran No: None Absent:: None Abstain: Low ~lw-. Nina Castruita Corporation Secretary