Housing - 04-28-09MINUTES OF THE REGULAR MEETING
ROSEMEAD HOUSING DEVELOPMENT CORPORATION
April 28, 2009
President Clark called the regular meeting of the Rosemead Housing Development Corporation to
order at 6:00 p.m. in the City Council Chamber of City Hall, 8838 E. Valley Boulevard, Rosemead,
California.
Flag Salute: Director Armenta
Invocation: Director Low
ROLL CALL OF OFFICERS: President Margaret Clark, Vice-President Gary Taylor, Director,
Sandra Armenta, Director Polly Low and Director Steven Ly
OFFICIALS PRESENT: Interim Executive Director Stewart, Agency Attorney Murphy, Assistant
City Manager Saeki, Assistant City Manager Hawkesworth, Director of Finance Brisco, Economic
Development Administrator Ramirez, and Corporation Secretary Molleda
1. PUBLIC COMMENTS FROM THE AUDIENCE
None
2. CONSENT CALENDAR
A. Authorized Signers on Bank Accounts
The Rosemead Housing Development Corporation (RHDC) requires several different bank
accounts to efficiently operate its financial matters. Authorized signers on the RHDC's bank
accounts include all RHDC Board Members, the Executive Director, Assistant City
Managers and the City Clerk. When new people replace incumbents, bank signature cards
must be completed.
Recommendation: That the RHDC Board authorize the President, Vice-President,
Directors, Executive Director, Assistant City Managers and City Clerk as signers on the
various RHDC bank accounts
Director Low made a motion, seconded by Director Ly to authorize the President, Vice-
President, Directors, Executive Director, Assistant City Managers and City Clerk as signers
on the various RHDC bank accounts. Vote resulted in:
Yes: Clark, Armenta, Low, Ly, Taylor
No: None
Abstain: None
Absent: None
Rosemead Housing Corporation Meeting
Minutes of April 28, 2009
Page 1 of 2
3. MATTERS FROM THE PRESIDENT & DIRECTORS
None
4. MATTERS FROM THE EXECUTIVE DIRECTOR & STAFF
None
5. ADJOURNMENT
There being no further action the meeting adjourned at 6:03 p.m.
c-
Margaret CIA
President
A TEST:
Gloria Molleda
Corporation Secretary
Rosemead Housing Corporation Meeting
Minutes of April 28, 2009
Page 2 of 2
STATE OF CALIFORNIA )
COUNTY OF LOS ANGELES ) SS.
CITY OF ROSEMEAD )
I, Gloria Molleda, Corporation Secretary for the City of Rosemead, do hereby
certify that the minutes from April 28, 2009, were duly and regularly approved and
adopted by the Rosemead Housing Corporation on the 23 Id of June, 2009, by the
following vote to wit:
Yes: Clark, Low, Taylor
No: None
Abstain: Armenta, Ly
Absent: None
A &'4 On, ~ j ch L
-Gloria Molleda
Corporation Secretary