Housing - Item 2B - Minutes 12-27-050
MINUTES 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, 8818 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.
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
RHDCMIN: 12-27-05
Page #I
• 0
3.
4.
5.
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 Vice-president Taylor with a second by Director Tran 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.
MATTERS FROM OFFICIALS - None
ORAL COMMUNICATIONS FROM THE AUDIENCE ON HOUSING
DEVELOPMENT MATTERS - None
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:
Corporation Secretary
APPROVED:
PRESIDENT
RHDCMIN: 12-27-05
Page #2