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HDC - Minutes 06-24-03NOT OFFICIAL UNTIL APPROVED BY THE ROSEMEAD HOUSING DEVELOPMENT CORPORATION MINUTES OF THE REGULAR MEETING ROSEMEAD HOUSING DEVELOPMENT CORPORATION JUNE 24, 2003 The Regular Meeting of the Rosemead Housing Development Corporation was called to order by President Vasquez at 7:25 p.m. in the Conference Room of City Hall, 8838 E. Valley Boulevard, Rosemead, California. The Pledge to the Flag and Invocation were waived as having been completed during the meeting just adjourned. ROLL CALL OF OFFICERS: Present: Directors Alarcon, Imperial,Taylor,Vice- President Clark and President Vasquez Absent: None APPROVAL OF MINUTES: NOVEMBER 26, 2002 - REGULAR MEETING MOTION BY DIRECTOR TAYLOR, SECOND BY DIRECTOR IMPERIAL that the Minutes of the Regular Meeting of November 26, 2002, be approved as submitted. Vote resulted: Aye: Vasquez, Clark, Imperial, Taylor No: None Absent: None Abstain: Alarcon The President declared said motion duly carried and so ordered. APPROVAL OF MINUTES: DECEMBER 10, 2003 - REGULAR MEETING MOTION BY DIRECTOR TAYLOR, SECOND BY DIRECTOR IMPERIAL that the Minutes of the Regular Meeting of December 10, 2002, be approved as submitted. Vote resulted: Aye: Vasquez, Clark, Imperial, Taylor No: None Absent: None Abstain: Alarcon The President declared said motion duly carried and so ordered. RHDCMIN:6 -24 -03 Page # I APPROVAL OF MINUTES: MARCH 25, 2003 - REGULAR MEETING MOTION BY DIRECTOR TAYLOR, SECOND BY DIRECTOR IMPERIAL that the Minutes of the Regular Meeting of March 25, 2003, be approved as submitted. Vote resulted: Aye: Vasquez, Clark, Imperial, Taylor No: None Absent: None Abstain: Alarcon The President declared said motion duly carried and so ordered. APPROVAL OF MINUTES: APRIL 22, 2003 - REGULAR MEETING MOTION BY DIRECTOR TAYLOR, SECOND BY DIRECTOR IMPERIAL that the Minutes of the Regular Meeting of April 22, 2003, be approved as submitted. Vote resulted: Aye: Alarcon, Vasquez, Clark, Imperial, Taylor No: None Absent: None Abstain: None The President declared said motion duly carried and so ordered. 1. RESOLUTION NO. 2003 -07 CLAIMS AND DEMANDS The following Resolution was presented to the Rosemead Housing Development Corporation for adoption: RESOLUTION NO. 2003 -07 A RESOLUTION OF THE ROSEMEAD HOUSING DEVELOPMENT CORPORATION ALLOWING CERTAIN CLAIMS AND DEMANDS IN THE SUM OF $270,284.51 AND DEMANDS NO. 1428 THROUGH NO. 1433 MOTION BY DIRECTOR IMPERIAL, SECOND BY VICE- PRESIDENT CLARK that the Corporation adopt Resolution No, 2003 -07. Vote resulted: . Aye: Alarcon, Vasquez, Clark, Imperial, Taylor No: None Absent: None Abstain: None The President declared said motion duly carried and so ordered. RHDCMM:6 -24 -03 Page #2 2. RESOLUTION NO. 2003 -08 — ADOPTING THE ANNUAL BUDGET FOR FY 2003 -04 AND MAKING APPROPRIATIONS FOR THE AMOUNT BUDGETED The following resolution was presented to the Corporation for adoption: RESOLUTION NO. 2003 -08 A RESOLUTION OF THE ROSEMEAD HOUSING DEVELOPMENT CORPORATION OF THE CITY OF ROSEMEAD ADOPTING THE ANNUAL BUDGET FOR FISCAL YEAR 2003 -04 AND MAKING APPROPRIATIONS FOR THE AMOUNT BUDGETED MOTION BY DIRECTOR TAYLOR SECOND BY DIRECTOR IMPERIAL that the Corporation adopt Resolution No. 2003 -08. Vote resulted: Aye: Alarcon, Vasquez, Clark, Imperial, Taylor No: None Absent: None Abstain: None The President declared said motion duly carried and so ordered. 3. MATTERS FROM OFFICIALS - None 4. ORAL COMMUNICATIONS FROM THE AUDIENCE ON HOUSING DEVELOPMENT MATTERS - None 5. ADJOURNMENT There being no further action at this time, the meeting was adjourned at 7:35 p.m. The next regular meeting is scheduled for July 8, 2003, at 7:00 p.m. Respectfully submitted: Corporation Secretary APPROVED: PRESIDENT RHDCMIN:6 -24 -03 Page a3