CDC - 12-16-08Minutes of the
Community Development Commission Meeting
December 16, 2008
Chairman Tran called the regular meeting of the Rosemead Community Development Commission
to order at 6:00 p.m. in the City Hall Chamber, 8838 E. Valley Blvd, Rosemead, California 91770.
FLAG SALUTE: Commissioner Low
INVOCATION: Commissioner Taylor
ROLL CALL OF OFFICERS PRESENT: Chairman Tran, Vice-Chairman Nunez, Commissioner
Low, Commissioner Taylor, Commissioner Clark
OFFICIALS PRESENT: Executive Director Chi, Agency Attorney Richman, Assistant City Manager
Saeki, Assistant City Manager Hawkesworth, Director of Finance Brisco, Director of Parks and
Recreation Montgomery-Scott, Economic Development Administrator Ramirez, and Commission
Secretary Molleda.
1. PUBLIC COMMENTS FROM THE AUDIENCE - None
2. CONSENT CALENDAR
B. Resolution No. 2008-36 Claims and Demands
Recommendation: Adopt Resolution No. 2008.36 for payment of Commission
expenditures in the amount of $27,141.91 demands Nos. 9977 through 9979 and
11054 through 11058.
C. Resolution No. 2008.37 Claims and Demands
Recommendation: Adopt Resolution No. 2008-37 for payment of Commission
expenditures in the amount of $17,769.19 demands Nos. 9980 through 9985 and
11059 through 11061.
Commissioner Low made a motion, seconded by Vice-Chairman Nunez, to approve the
Resolution Nos. 2008.36 and 2008-37. Vote resulted in:
Yes: Low, Nunez, Taylor, Tran
No: Clark
Abstain: None
Absent: None
Rosemead Community Development Commission
Minutes ofDecember 16, 2008
Page I of 3
A. Minutes
November 18, 2008 - Adjourned Meeting
Commissioner Low made a motion, seconded by Vice-Chairman Nunez, to approve the CDC
Minutes of November 18, 2008. Vote resulted in:
Yes: Low, Nunez, Tran
No: Clark, Taylor
Abstain: None
Absent: None
The CDC minutes of September 23, 2008 were differed to the next meeting.
3. MATTERS FROM THE CHAIRMAN & COMMISSIONERS
4. MATTERS FROM THE EXECUTIVE DIRECTOR & STAFF
A. Pham Parcel Purchase Amendment
Over the last several weeks, negotiations have continued in an attempt to finalize
a plan to complete Glendon Way redevelopment project including incorporating a
nationally recognized retailer at the Levitz site and related acquisition of the Kathy
Pham property. It was initially anticipated that obtaining a lease with a nationally
recognized retailer at the Levitz site was possible by mid December. While staff
remains optimistic that this is a possibility, it will not be finalized during December.
Given this, Ms. Pham has requested that the purchase and sale agreement be
amended so that if escrow does not close by February 17, 2009, she has the sole
discretion to either cancel the purchase in its entirety or to extend the escrow
period.
Ms. Pham has also requested a few other minor changes to the contract including
language that property will be sold in "as-is" condition and that the period to
perform all environmental due diligence not be extended past February 9, 2009.
All other contingencies and requirements as stated in the original purchase and
sale agreement will remain in place.
Recommendation: That the Community Development Commission approve the
revised purchase and sale agreement.
Rosemead Community Development Commission
Minutes ofDeeember 16, 2008
Page 2 of 3
Vice-Chairman Nunez made a motion, seconded by Commissioner Low, to approve the
revised purchase and sale agreement.. Vote resulted in:
Yes: Low, Nunez, Tran
No: Clark, Taylor
Abstain: None
Absent: None
5. ADJOURNMENT
The Community Development Commission meeting adjourned at 6:41 p.m. The next
Community Development Commission meeting will take place on January 13, 2009 at 6:00
p.m.
Margaret C rk
Chairman
ATTEST:
Gloria Molleda, City Clerk
Rosemead Community Development Commission
Minutes of December 16, 2008
Page 3 of 3
STATE OF CALIFORNIA )
COUNTY OF LOS ANGELES ) SS.
CITY OF ROSEMEAD )
I, Gloria Molleda, Commission Secretary for the City of Rosemead, do hereby
certify that the minutes from December 16, 2008, were duly and regularly approved and
adopted by the Rosemead Community Development Commission on the 13`h of January,
by the following vote to wit:
Yes: Low, Nunez, Tran
No: Clark, Taylor,
Abstain: None
Absent: None
~ IIV RYA ~CtL;' 0 I
Gloria Molleda
Commission Secretary