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HomeMy WebLinkAbout2014-01-22; Carlsbad Golf Lodging Business Improvement District; Resolution 2014-2GEXHIBIT 1 1 RESOLUTION NO. 2014-2G 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; and 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 ofthe Carlsbad Golf Lodging Business Improvement District, as follows: 1. That the above recitations are true and correct. 2. The CGLBID Board approves the January 22 reimbursement requests shown at Exhibit B and authorizes staff to pay the following amounts to the following hotels: Sheraton Carlsbad $32,448 Grand Pacific PaHsades Hotel $11,735 Park Hyatt Aviara $ 2,658 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 ofthe Board of Directors of the Carlsbad Golf Lodging District on the 22 :dav of January 2014, by the following vote to wit: AYES: Board Members Glaser, Stripe. NOES: None. ABSENT: Board Member Allen. Gary Glaser Chair ATTEST: BARBARA ENCSLESON Pro Tem Clerk of the Carlsbad Golf Lodging Business Improvement District /// /// /// /// /// /// /// /// /// /// /// /// -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 Carisbad 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, 7/10/13,10/?/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 CaHsbad golf course. Approved by CGLBID Board 4/17/13 EXHIBIT A such as: • A brand initiative such as Marriott, Hilton, Starwood, or Hyatt advertising the member's property in conjunction with a Cadsbad Golf Course • A marketing promotion - radio, TV, or print advertising the member's property and a CaHsbad 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 Expenses Account Check Total Less 4% Available Pending Paid Balance Request Property Deposits Admin Fee Deposits (A) Approval (B) (A) - (B) amount Grand Pacific Palisades Hotel 49,356 1,974 47,382 11,975 35,646 11,735 11,735 Park Hyatt Aviara 129,696 5,188 124,508 2,658 61,668 62,841 2,658 Sheraton CaHsbad Resort 136,386 5,455 130,931 34,543 98,482 32,448 32,448 315,438 12,618 302,820 49,176 195,796 107,024 (1) These expenses will be reimbursed in the next quarters reimbursement January 22, 2014 Reimbursement Requests j 1 Grand i Sheraton 1 Pacific Carlsbad 1 Palisades Advertising and Marketing j 6,498; 2,355 Public Relations | 12,000 \ Sales and Marketing Contract! - ; Directorof Sales Salary 1 16,045 j 9,620 Park Hyatt f Aviara Total 2,658 i 11,511 12,000 25,665 34,543 ! 11,975 2,658 1 49,176