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UntitledPublic Comment from the Audience. • If you wish to address the Commission, please complete a Speaker Request Card, as it must be handed to the Commission Secretary before the start of the meeting. • The Commission will hear public comments on matters not listed on the agenda during the Public Comments from the Audience period. • Opportunity to address the Commission (on non-agenda items) is limited to 3 minutes per speaker. • The Commission will hear public comments on items listed on the agenda during discussion of the matter and prior to a vote. Brown Act Pursuant to provisions of the Brown Act no action may be taken on a matter unless it is listed on the agenda, or unless certain emergency or special circumstances exist. The Commission may direct staff to investigate and/or schedule certain matters for consideration at a future Commission meeting. Rules of Decorum Persons attending the meeting shall observe rules of propriety, decorum, good conduct, and refrain from impertinent or slanderous remarks. Violation of this rule shall result in such persons being barred from further audience before the governing body. Pursuant to Gov. Code Sect. 54954.3(c), any person who engages in unlawful interference shall be removed from chambers. Americans with Disabilities Act In compliance with the ADA, if you need special assistance to participate in this meeting, please contact the City Clerk's once at least 48 hours prior to the meeting to allow the City to make reasonable arrangements to ensure accessibility to the meeting or service. This agenda was posted 72 hours in advance of the meeting at the City Hall, 8838 E. Valley Boulevard, Rosemead and other locations pursuant to RMC Sec. 1.08.020. Any writings or documents provided to a majority of the Commission regarding any item on this agenda will be made available for public inspection in the City Clerk's office during normal business hours. 0 Rosemead Community Development Commission AGENDA October 14, 2008 6:00 PM City Hall Council Chambers 8838 E. Valley Blvd., Rosemead, California 91770 www.cityofrosemead.org John Tran, Chairman John Nunez, Vice-Chairman Margaret Clark, Commissioner Polly Low, Commissioner Gary Taylor, Commissioner ROSEMEAD COMMUNITY DEVELOPMENT COMMISSION October 14, 2008 • CALL TO ORDER- 6:00 PM • • PLEDGE OF ALLEGIANCE -Commissioner Taylor • INVOCATION - Chairman Tran • ROLL CALL -Commissioners Clark, Low, Taylor, Vice-Chairman Nunez, Chairman Tran 1. PUBLIC COMMENTS FROM THE AUDIENCE (Community Development Commission matters only) 2. CONSENT CALENDAR A. Minutes September 9, 2008 - Regular Meeting September 23, 2008 - Regular Meeting Resolution No. 2008.29 Claims and Demands Recommendation: Adopt Resolution No. 2008-29 for payment of Commission expenditures in the amount of $1,695,357.25 demands Nos. 9941 through 9948 and 11042 through 11044. 3. MATTERS FROM THE CHAIRMAN & COMMISSIONERS • 4. MATTERS FROM THE EXECUTIVE DIRECTOR & STAFF A. Rosemead Inn Hotel Operating Agreement On August 26, 2008, the Rosemead Community Development Commission selected Rosemead Inn Hotel Partners, LLC as the operator for the Commission owned Rosemead Rosemead Inn Hotel. The following are the deal points to the draft operating agreement between the Commission and the Rosemead Inn Hotel Partners, LLC: • Two year operating term; • The Commission may terminate the Agreement without just cause and without penalty at any time upon giving at least sixty (60) days notice to the Operator; • The Commission will contribute $100,000 towards the renovation of the hotel; • The Operator must complete the renovation and open the hotel for business no later than ninety (90) days from the day the agreement is executed; The Operator agrees to compensate the City 60% of any excess profits not less than $6000 per month during the first year of operation and 60% of any excess profits not less than $10,000 per month during the second year of operation. It should be noted that does not include any transient occupancy tax (TOT) which is estimated to be an additional $50,000 per year. • Page 2 of 3 • ROSEMEAD COMMUNITY DEVELOPMENT COMMISSION October 14, 2008 Recommendation: That the Community Development Commission authorize the Executive Director to enter into an operating agreement wit the Rosemead Inn Hotel Partners, LLC to operate the Rosemead Inn Hotel. 5. CLOSED SESSION CONFERENCE WITH REAL PROPERTY NEGOTIATORS (GOVERNMENT CODE SECTION 54956.8) Property 8828 Glendon Way 8832 Glendon Way 8920 Glendon Way 3520 Ivar Avenue 3527 Ivar Avenue Negotiating Parties - Agency Property Owner M. Garcia RC&IGroup City of Rosemead Thang Q. & Kathy T. Pham Fifteen SAC Self Storage Corp. Executive Director Assistant City Managers Under Negotiation - Price and terms of payment • 11 6. ADJOURNMENT The next Community Development Commission meeting will take place on October 28, 2008 at 6:00 pm. Page 3 of 3