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HDC - Agenda 08-13-02AGENDA REGULAR MEETING ROSEMEAD HOUSING DEVELOPMENT CORPORATION CITY HALL CONFERENCE ROOM ROSEMEAD, CALIFORNIA AUGUST 13, 2002 AT 7:00 P.M. ,'.2 CALL MEETING TO ORDER: 7:00 P.M. OR AS SOON THEREAFTER AS POSSIBLE PLEDGE TO THE FLAG: DIRECTOR VASQUEZ INVOCATION: DIRECTOR CLARK ROLL CALL OF OFFICERS: DIRECTORS CLARK, IMPERIAL, TAYLOR, VICE - PRESIDENT VASQUEZ AND PRESIDENT BRUESCFI APPROVAL OF MINUTES: JUNE 25, 2002 — REGULAR MEETING % S �� � ,b 1 - /o I. RESOLUTION NO. 2002 -15 CLAIMS AND DEMANDS 2. 5. Recommendation: Adopt Resolution No.2002 -15 for payment of Housing Corporation expenditures. CONSIDERATION OF: 1) GROUND LEASE BY AND BETWEEN THE CITY OF ROSEMEAD AND THE ROSEMEAD HOUSING DEVELOPMENT CORPORATION, AND, 2) ASSISTANCE AND OPERATING AGREEMENT FOR THE GARVEY AVENUE SENIOR CITIZEN COMPLEX It is proposed that the Rosemead Housing Development Corporation lease the subject property from the City. It is also proposed that the Corporation approve the Assistance and Operating Agreement with the City for administrative services to enable the Project to operate. Agreements have been prepared for these purposes. Recommendation: 1) Approve the Ground Lease with the City; and 2) approve the Assistance and Operating Agreement, and authorize the Executive Director to execute the necessary documents. MATTERS FROM OFFICIALS ORAL COMMUNICATIONS FROM THE AUDIENCE ON HOUSING DEVELOPMENT MATTERS — `­� ADJOURNMENT THE NEXT REGULAR MEETING IS SCHEDULED FOR AUGUST 27, 2002, AT 7:00 P.M. Posted 72 hours in advance of the meeting at City Hall, 8838 E. Valley Boulevard, Rosemead; the L.A. County Library, Rosemead Branch, 8800 E. Valley Boulevard, Rosemead; and other locations pursuant to RMC Sec. 1.08.020. RI IDCAGFNDA:8 -13 -02 Page 9 1