Housing - Item 2A - Minutes 06-23-09MINUTES OF THE REGULAR MEETING
ROSEMEAD HOUSING DEVELOPMENT CORPORATION
June 23, 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: Vice-President Taylor
Invocation: Director Armenta
ROLL CALL OF OFFICERS: President Margaret Clark,
Sandra Armenta, Director Polly Low, and Director Stev(
OFFICIALS PRESENT: Executive Director Allred, Agee
Manager Saeki, Assistant City Manager Hawkesworthi,
Development Administrator Ramirez, and Corporation
1. PUBLIC COMMENTS FROM THE
None
2. CONSENT CALENDAR
Director Ly asked Agency~'Attorney Mor
June 10, 2008 minutes given that;they
Agency Attorney Montesresponda" Ah<
Mr. Ly asked that the minutes, of. June),
he
, Director,
Montes, Assis
inance Brisco,
Armenta were allowed to vote on the
it then.
be appropriate if they both abstained.
, 2008 be pulled for a separate vote.
A. Mr utes
June 1L0; 2008 - Regular Meeting
'
Director Polly Low made a motion, seconded by Vice-President Gary Taylor to approve the
June 10, 2008 minutes. Vote resulted in:
Yes: Clark, Low, Taylor
No: None
Abstain: Armenta, Ly
Absent: None
Rosemead Housing Corporation Meeting
Minutes of April 28, 2009
Page 1 of 3
ITEM NO.
2. CONSENT CALENDAR
A. Minutes
April 28, 2009 - Regular Meeting
Review and Approval of Contract with City of Rosemead for Implementation
of Certain HOME Funded Programs
The City is required to commit its HOME funds for
activities within 24 months after HUD's appropriati
To comply with this requirement, the City desires i
Housing Development Corporation (RHDC) to adr
programs.
Recommendation: That the RHDC Board of
Approve a contract with the C
implementation of: 11
Assistance
affordable housing
ntitlement allocation.
with the Rosemead
Main HOME funded
take the,following actions
emead for the'
i Loan Program, and
2. Authorize tli'e,Mayorto execute the,6ntract on behalf of the City.
Director Polly Low made':a'motion, seconded`6y: Vice-President Gary Taylor to approve the
remainder of the Consent Calendar. Vote resulted in:
Yes: Armenta, Clark; Low, Ly, Taylor
Z,-No:-None
Ab"staineNoneA
Absent:,None
3. MATTERS,FROM THE PRESIDENT & DIRECTORS
A. Adoption'& the Rosemead Housing Development Corporation's Fiscal Year
2009-10,AnnualBudget
The Rosemead Housing Development Corporation's fiscal year 2009-10 Annual
Budget is as follows:
Total Appropriations:. $2,056,132
Recommendation: That the RHDC Board of Directors adopt Resolution No.
2009-01 approving the fiscal year 2009-10 Annual Budget in the amount of
$2,056,132.
Rosemead Housing Corporation Meeting
Minutes of April 28, 2009
Page 2 of 3
Assistant City Manager Hawkesworth reviewed the staff report and the Rosemead Housing
Development Corporation 2009-10 annual budget.
Director Sandra Armenta made a motion, seconded by Vice-President Gary Taylor to adopt
Resolution No. 2009.01 approving the fiscal year 2009-10 Annual Budget in the amount of
$2,056,132.
Yes: Clark, Armenta, Low, Ly, Taylor
No: None
Abstain: None
Absent: None
4. MATTERS FROM THE EXECUTIVE DIF
None
5. ADJOURNMENT
There being no further business the mee
iry
Rosemead Housing Corporation Meeting
Minutes of April 28, 2009
Page 3 of 3
ATTEST: