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CDC - Item 2A - Minutes 4-8-08• • Minutes of the Regular Meeting ROSEMEAD COMMUNITY DEVELOPMENT COMMISSION April 8, 2008 Chairman Tran called the regular meeting of the Rosemead Community Development Commission to order at 6:00 p.m. in the Rosemead Community Recreation Center, 3936 N. Muscatel Avenue, Rosemead, California. The pledge to the flag was led by Commissioner Clark and Commissioner Low led the invocation. ROLL CALL OF OFFICERS: Present: Commissioners Clark, Low, Taylor Vice-Chairman Nunez, Chairman Tran Absent: None 1. PUBLIC COMMENTS FROM THE AUDIENCE • None 2. CONSENT CALENDAR Minutes March 25, 2008 - Regular Meeting B. Resolution No. 2008.11 Claims and Demands Recommendation: Adopt Resolution No. 2008-11 for payment of Commission expenditures in the amount of $46,069.72 demands no. 8212 through 8216 and 9351 through 9354. C. Titles of Officers Authorized to Make Deposits and Withdrawals in the Local Agency Investment Fund (LAIF) LAIF must have on file a Rosemead Community Development Commission (RCDC) resolution listing the exact names and titles of officers authorized to make deposits and withdrawals in the LAIF account. On July 17, 2007, the RCDC passed Resolution No. 2007-24 designating the Executive Director, Deputy City Manager, and Chief Financial Officer as the officers having authority to make deposits and withdrawals in the LAIF account. Subsequently, the Deputy City Manager title was changed to Assistant City Manager. With any change of title LAIF requires, for their files, a new resolution identifying the change of titles. Resolution No. 2008-10 provides LAIF with a RCDC resolution listing current names and titles of officers authorized to make deposits and withdrawals in the LAIF account. Community Development Commission Aleeting iWinutes ojApril 8, 2008 Page I of 2 • Recommendation: That the Rosemead Community Development Commission approve Resolution No. 2008-10 listing the Executive Director, Assistant City Manager, and Chief Financial Officer as the officers authorized to make deposits and withdrawals in the RCDC's LAIF account. Council Member Taylor asked that the Minutes be deferred to next meeting for clarification. Also, asked staff to provide a copy of the check regarding "Commercial Real Estate Inspection Risk Assessment". Executive Director Oliver Chi responded they would get that for him. Vice-Chairman Nunez made motion, second by Commissioner Taylor to approve the consent calendar with the exception of the March 25, 2008 Community Development Commission Minutes. Vote resulted: Yes: Clark, Low, Nunez, Taylor, Tran No: None Abstain: None Absent: None 3. MATTERS FROM THE CHAIRMAN & COMMISSIONERS 4. MATTERS FROM THE EXECUTIVE DIRECTOR & STAFF 5.ADJOURNMENT The meeting adjourned at 6:04 p.m. The next Community Development Commission meeting will take place on April 22, 2008 at 6:00 p.m. Respectfully Submitted: Gloria Molleda Commission Secretary Approved: John Tran Chairman Community Development Commission Meeting Minutes of April 8, 2008 Page 2 of 2