FC - Minutes 06-07-21 CITY OF ROSEMEAD
FINANCE INVESTMENT COMMITTEE
QUARTERLY MEETING MINUTES
JUNE 7, 2021
1. CALL TO ORDER
The quarterly meeting of the Rosemead City Finance Investment Committee was
called to order by City Clerk Hernandez at 10:30 a.m. at Rosemead City Hall at
8838 E. Valley Boulevard, Rosemead, California.
2. ROLL CALL
City Manager Molleda, Assistant City Manager Kim, Interim Finance Director
Chamberlain, Finance Manager Anson, and City Clerk Hernandez
3. FINANCE COMMITTEE MEETING MINUTES
ACTION: Motion by City Manager Molleda, seconded by Assistant City
Manager Kim to approve the February 4, 2021, regular meeting minutes.
Motion was carried by the following votes: AYES: Anson, Chamberlain, Kim,
and Molleda.
4. STATUS REPORTS
- TREASURER'S REPORTS AS OF MARCH 31, 2021, FOR THE CITY OF
ROSEMEAD, CITY OF ROSEMEAD SUCCESSOR AGENCY TO THE
ROSEMEAD COMMUNITY DEVELOPMENT COMMISSION, AND THE
ROSEMEAD HOUSING DEVELOPMENT CORPORATION
The treasurer's reports were reviewed by Interim Finance Director Chamberlain.
ACTION: Motion by City Manager Molleda and seconded by Assistant City
Manager Kim to approve the treasurer's reports as presented. Motion was carried
by the following votes: AYES: Anson, Chamberlain, Kim, and Molleda.
5. NEW BUSINESS
- Proposed Investment Policy Updates for FY 2021-2022.
Interim Finance Director Chamberlain provided updates and suggestions to the
Investment Policy to align with current industry practices.
6. ADJOURNMENT
The meeting adjourned at 11:14 a.m.
Respectfully s :bmitted: Approved:
w.
City Clerk - ity Manager
Finance Investment Committee Minutes June 7, 2021
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