RHDC - 20204-01 - Adopting the Annual Budget for Fiscal Year 2024-2025RESOLUTION NO. 2024-01 RHDC
A RESOLUTION OF THE ROSEMEAD HOUSING
DEVELOPMENT CORPORATION ADOPTING THE ANNUAL
BUDGET FOR FISCAL YEAR 2024-25
WHEREAS, a proposed annual budget for the Rosemead Housing Development
Corporation for the Fiscal Year commencing July 1, 2024 and ending June 30, 2025 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.
- _ SNOW, 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
= FOI LO -W8:
SECTION 1. The 2024-25 Annual Budget for the Rosemead Housing Development
Corporation is hereby adopted in the amount of $939,520.
SECTION 2. The Corporation Secretary shall certify the adoption of this resolution and
hereafter the same shall be in full force and effect.
PASSED, APPROVED, AND ADOPTED this 27th day of June, 2024.
APPROVED AS TO FORM:
Z"2_4��
hel Richman, Corporation Attorney
G�
Steven Ly, Corporation President
ATTEST: --
Ericka Hernandez, Corpora3uin_Secretatro
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. 2024-01 RHDC, was duly adopted by the Board of the Rosemead Housing
Development Corporation, at a special meeting thereof held on the 27'" day of June, 2024,
by the following vote, to wit:
AYES: ARMENTA, CLARK, DANG, LOW, LY
NOES:
NONE
ABSENT:
NONE
ABSTAIN:
NONE
Ericka Hernandez, Corporation Secretary