Housing - 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, Vice-President Gary Taylor, Director,
Sandra Armenta, Director Polly Low, and Director Steven Ly
OFFICIALS PRESENT: Executive Director Allred, Agency Attorney Montes, 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
Director Ly asked Agency Attorney Montes if he and Ms. Armenta were allowed to vote on the
June 10, 2008 minutes given that they were not in Council then.
Agency Attorney Montes responded that it would be appropriate if they both abstained.
Mr. Ly asked that the minutes of June 10, 2008 be pulled for a separate vote.
A. Minutes
June 10, 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 June 23, 2009
Page 1 of 3
2. CONSENT CALENDAR
A. Minutes
April 28, 2009 - Regular Meeting
B. 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 particular affordable housing
activities within 24 months after HUD's appropriation of the entitlement allocation.
To comply with this requirement, the City desires to contract with the Rosemead
Housing Development Corporation (RHDC) to administer certain HOME funded
programs.
Recommendation: That the RHDC Board of Directors take the following actions:
Approve a contract with the City of Rosemead for the
implementation of:
• Owner-Occupied Rehabilitation Loan Program, and
• Mortgage Assistance Program; and
Authorize the Mayor to execute the contract on behalf of the City.
Director Polly Low made a motion, seconded by Vice-President Gary Taylor to approve the
remainder of the Consent Calendar. Vote resulted in:
Yes: Armenta, Clark, Low, Ly, Taylor
No: None
Abstain: None
Absent: None
3. MATTERS FROM THE PRESIDENT & DIRECTORS
A. Adoption of the Rosemead Housing Development Corporation's Fiscal Year
2009.10 Annual Budget
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 June 23, 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 DIRECTOR & STAFF
None
5. ADJOURNMENT
There being no further business the meeting adjourned at 6:07 p.m.
Margaret Cle k
President
ATT ST:
~I
Gloria Molleda
Corporation Secretary
Rosemead Housing Corporation Meeting
Minutes of June 23, 2009
Page 3 of 3
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 minute, of June 23, 2009 was duly and regularly approved by the
Rosemead Housing Development Corporation on the 25th of August 2009, by the
following vote to wit:
Yes: Armenta, Clark, Low, Ly, Taylor
No: None
Abstain: None
Absent: None
,I~ md"
Gloria Molleda
Corporation Secretary