Housing - Item 2A - Minutes 06-27-060 0
MINUTES OF THE REGULAR MEETING
ROSEMEAD HOUSING DEVELOPMENT CORPORATION
June 27, 2006
President Taylor called the Regular Meeting of the Rosemead Housing
Development Corporation to order at 7:31 p.m. in the Conference Room of City
Hall, 8838 E. Valley Boulevard, Rosemead, California.
President Taylor led the pledge to the flag and Director Clark led the invocation.
ROLL CALL OF OFFICERS:
Present: Director Clark, Imperial, Tran, Vice-President Nunez, President
Taylor
Absent: None
1. PUBLIC COMMENTS FROM THE AUDIENCE
None
2. CONSENT CALENDAR
The following Resolution was presented to the Rosemead Housing
Development Corporation for adoption:
A. Resolution No. 2006-01 Claims and Demands
Recommendation: Adopt Resolution No. 2006-01, for payment of
Corporation expenditures in the amount of $353,473.00 demands
1478 through 1482.
B. Approval of Minutes
November 22, 2005 - Regular Meeting
December 27, 2005 - Regular Meeting
C. 2006-07 Rosemead Housing Development Corporation Budget
The 2006-07 Annual Budget includes expenditures of $795,900
with total funds available of $799,834, resulting with an ending fund
balance of $3,934. The budget document presented at the Budget
Study Session held on June 6, 2006.
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Recommendation: That the Housing Development Corporation
approve the 2006-07 Housing Development Corporation Budget by
adopting Resolution No. 2006-02.
Director Tran made a motion, with a second by Vice-President
Nunez that the Corporation adopts the aforementioned Consent
Calendar items with minor corrections on the second page of the
December 27, 2005 minutes. 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.
3. MATTERS FROM THE PRESIDENT & DIRECTORS
None
4. MATTERS FROM THE EXECUTIVE DIRECTOR & STAFF
None
5. ADJOURNMENT
Being no further action at this time, the meeting was adjourned at
7:35 p.m.
Respectfully submitted:
APPROVED:
Corporation Secretary
PRESIDENT
Housing Minutes 06_27_06
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