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RHDC - 2021-03 - Claims and DemandsRESOLUTION NO. 2021-03 RHDC A RESOLUTION OF THE ROSEMEAD HOUSING DEVELOPMENT CORPORATION ADOPTING THE ANNUAL BUDGET FOR FISCAL YEAR 2021-22 WHEREAS, a proposed annual budget for the Rosemead Housing Development Corporation for the Fiscal Year commencing July 1, 2021 and ending June 30, 2022 was submitted to the Housing Development Corporation Board of Directors for its review and consideration and the proposed annual budget is on file in the Corporation Secretary's office. NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF ROSEMEAD SITTING AS THE ROSEMEAD HOUSING DEVELOPMENT CORPORATION COMMISSION, DOES HEREBY RESOLVE, DECLARE, DETERMINE, AND ORDER AS FOLLOWS: SECTION 1. The 2021-22 Annual Budget for the Rosemead Housing Development Corporation is hereby adopted in the amount of $917,400. SECTION 2. The Corporation Secretary shall certify to the. adoption of this resolution and hereafter the same shall be in full force and effect. PASSED, APPROVED, AND ADOPTED this 14th day of June, 2021. APPP AS TO FORM: achel Richman, orporation Attorney 141 1 Poll o ,Co ration President ATTEST: Eric a Hernandez, Corporation Secretary STATE OF CALIFORNIA ) COUNTY OF LOS ANGELES) § CITY OF ROSEMEAD ) I, Ericka Hernandez, Corporation Secretary to the Rosemead Housing Development Corporation of the City of Rosemead, California, do hereby certify that the foregoing Corporation Resolution No. 2021-03 RHDC, was duly adopted by the Board of the Rosemead Housing Development Corporation, at a special meeting thereof held on the 14th day of June, 2021, by the following vote, to wit: AYES: ARMENTA, CLARK, DANG, LOW, LY NOES: NONE ABSENT: NONE ABSTAIN: NONE Ericka Hernandez, Corporation Secretary