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HomeMy WebLinkAbout2013-05-15; Carlsbad Golf Lodging Business Improvement District; Resolution 2013-6GEXHIBIT 1 1 RESOLUTION NO. 2013-6G 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 2 RESOLUTION OF THE BOARD OF DIRECTORS OF THE CARLSBAD GOLF LODGING BUSINESS IMPROVEMENT DISTRICT, ADOPTING THE PROPOSED REIMBURSEMENT PROCESS WHEREAS, at its November 27, 2012 meeting, the Carlsbad City Council adopted Ordinance No. CS-194 forming the Carlsbad Golf Lodging Business Improvement District (CGLBID); and WHEREAS, members of the district are assessed $2 per occupied room night which is remitted to the city monthly through the current Transient Occupancy Tax collection process; and WHEREAS, the proceeds of the additional assessment shall be used to promote golf related tourism within the boundaries of the district: and WHEREAS, each assessed hotel would determine how to spend the funds collected by their respective property provided the expenditure are for an approved golf related expense; and WHEREAS, reimbursement of these expenses would be made quarterly upon approval of the CGLBID Board up to the amount collected per property minus administrative fees per the reimbursement process as shown at Exhibit A. WHEREAS, staff has reviewed the reimbursement requests shows at Exhibit B and is recommending the Board approve these reimbursements and authorize staff to pay the requests up to the amount available. NOW, THEREFORE, BE IT RESOLVED by the Board of Directors of the Carlsbad Golf Lodging Business Improvement District, as follows: 1. That the above recitations are true and correct. 2. The CGLBID Board approves the May 15^^ reimbursement requests shown at Exhibit B and authorizes staff to pay the following amounts to the following hotels: Sheraton Carlsbad $33,112 Grand Pacific Palisades Hotel $11,412 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 PASSED, APPROVED AND ADOPTED at a regular meeting of the Board of Directors of the Carlsbad Golf Lodging Business innprovement District of the City of Carlsbad held on the 15*^ day of May 2013 by the following vote, to wit: AYES: Board Members Stiebeling, Stripe. NOES: None. ABSENT: Board Member Glaser. MARK STIEBELING, Chair ATTEST: -2- EXHIBIT A Carlsbad Golf Lodging Business Improvement District (CGLBID) Process for Reimbursement (see Chapter 3.38 of CMC for more information) Hotels that have opted into the CGLBID will collect a $2 per room night CGLBID assessment. This assessment may be combined with the CTBID assessment on the guest's bill, and notated as "BID Assessments", but may not be combined with TOT or state assessments. Hotel will remit monthly, CGLBID assessments along with TOT and CTBID assessments. City finance department will revise form to include line for CGLBID assessment. City will track CGLBID payments for each hotel. Amount collected minus 4% administrative charge will be available to the hotels for reimbursement for allowable expenditures. Hotel shall submit a quarterly accounting of expenses for CGLBID activities to BID manager. Reimbursement requests submitted by the lO**" of the month following the end of the quarter will be processed for that quarter's reimbursement. BID manager will review documentation and determine allowable amount of reimbursement. Reimbursement will be limited to amount of assessment remitted to the city less the 4% administrative fee. Reimbursement request will be included in the CGLBID Board meeting agenda for approval by the CGLBID Board at the next CGLBID Board meeting. Approval must be made by a quorum of the board which is at least two members. CGLBID Board's decision shall be final as to whether an allowable expenditure is reimbursable. Where a reimbursement was denied by the CGLBID Board, the Board, pursuant to CMC § 3.28.070, may recommend to the Carlsbad City Council that the type or purpose of denied reimbursement be permitted in the future as an allowable expenditure. Once reimbursement is approved by the CGLBID Board, BID manager will process the payment to hotel. Any funds that have not been reimbursed by the end of the year will carry forward to the next year. Meeting dates for CGLBID 1/30/13, 4/17/13, 5/15/13, 7/7/13,10/7/13 Allowable expenditures include the following: > Equipment related to golf such as golf transportation equipment, golf racks, golf signage, etc. (equipment related specifically to the promotion of golf) > Joint marketing related to the promotion of a member's property and a Carlsbad golf Approved by CGLBID Board 4/17/13 EXHIBIT A course, such as: • A brand initiative such as Marriott, Hilton, Starwood, or Hyatt advertising the member's property in conjunction with a Carlsbad Golf Course • A marketing promotion - radio, TV, or print advertising the member's property and a Carlsbad golf course • On-line / Internet promotions jointly advertising a member's property and a Carlsbad golf course • Reimbursement for marketing and sales staff on time spent in joint marketing efforts > Other expenses to promote golf-related tourism • Documentation required for reimbursement > Completed Request for Reimbursement Form > Copy of invoices for expenses Approved by CGLBID Board 4/17/13 Summary of CGLBID Assessment collections EXHIBIT B Property Total Deposits Less 4% Admin Fee Available Deposits (A) Expenses Pending Pending Paid Approval Payment (B) Account Balance (A)-(B) Grand Pacific Palisades Hotel Park Hyatt Aviara Sheraton Carlsbad Resort 11,888 476 30,558 1,222 34,492 1,380 11,412 29,336 33,112 12,100 11,412 39,989 33,112 (688) 29,336 (6,877) Grand Pacific Palisades Hotel Park Hyatt Aviara Sheraton Carlsbad Resort 76,938 3,078 73,860 52,089 44,524 21,771 May 15, 2013 Reimbursement Request Grand Sheraton Pacific Carlsbad Palisades Total Advertising and Marketing 27,000 3,250 30,250 Public Relations 5,000 5,000 Sales and Marketing Contract 8,550 3,850 12,400 Director of Sales Salary 4,439 4,439 39,989 12,100 52,089