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HDC - Agenda 06-12-07Public Comment from the Audience: • If you wish to address the Housing Development Corporation, please complete a Speaker Request Card, as it must be handed to the Corporation Secretary before the start of the meeting. • The Housing Development Corporation will hear public comments on matters not listed on the agenda during the Public Comments from the Audience period. • Opportunity to address the Housing Development Corporation (on non- agenda items) is limited to 3 minutes per speaker. • The Housing Development Corporation 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 maybe. taken on a matter unless it is listed on the agenda, or unless certain emergency or special circumstances exist. The Housing Development Corporation may direct staff to investigate and/or schedule certain matters for consideration at a future Housing Development Corporation meeting. 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 office at least 48 hours prior to the meeting to allow the City to make reasonable arrangements to ensure accessibility to the meeting or service. 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. This agenda was posted 72 hours in advance of the meeting at the City Hall, 8838 E. Valley Boulevard, Rosemead; the L.A. County Library, Rosemead Branch, 8800 E. Valley Boulevard, Rosemead; and other locations pursuant to RMC Sec. 1.08.020 11 Rosemead Housing Development Corporation AGENDA a.. _,,J.un'e ' -2,~ A07: 6:00 PM City Hall Conference Room 8838 E. Valley Boulevard, Rosemead, California 91770 John Tran, President John Nunez, Vice-President Margaret Clark, Director Polly Low, Director Gary Taylor, Director MEAD HOUSING DEVELOPIRIT CORPORATION June 12, 2007 • CALL TO ORDER- 6:00 PM • PLEDGE OF ALLEGIANCE -Director Taylor • INVOCATION - Director Low • ROLL CALL - Directors Clark, Low, Taylor, Vice-President Nunez, President Tran 1. PUBLIC COMMENTS FROM THE AUDIENCE (Housing Development Corporation matters only) 2. CONSENT CALENDAR A. Minutes May 8, 2007 - Regular Meeting . . B. Adoption Of The Rosemead Housing Development Corporation 2007-08 Budget City Staff prepared the 2007-08 Annual Budget for the Rosemead Housing Development Corporation. The document presents actual revenues and expenditures for fiscal year 2005-06, projected revenues and expenditures for fiscal year 2006-07 and estimated revenues and requested appropriations for fiscal year 2007-08. Recommendation That the City Council adopt Resolution No. 2007-10 approving the fiscal 2007-08 Annual Budget for the Rosemead Housing Development Corporation. 3. MATTERS FROM THE PRESIDENT & DIRECTORS 4. MATTERS FROM THE EXECUTIVE DIRECTOR & STAFF 5. ADJOURNMENT Page 2 of 2