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HomeMy WebLinkAbout2016-04-20; Carlsbad Golf Lodging Business Improvement District; Resolution 2016-2G1 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 RESOLUTION NO. 2016-2G RESOLUTION OF THE BOARD OF DIRECTORS OF THE CARLSBAD GOLF LODGING BUSINESS IMPROVEMENT DISTRICT, APPROVING REIMBURSEMENT REQUESTS EXHIBIT 1 WHEREAS, at its November 27,2012 meeting, the Carlsbad City Council adopted Ordinance No. C$-194 forming the Carlsbad GolfLodging 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; and WHEREAS, staff has reviewed the reimbursement requests shows at Exhibit A 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 ofDirectors ofthe Carlsbad Golf Lodging Business Improvement District, as follows: 1. That the above recitations are true and correct. 2. The CGLBID Board approves the April 20 reimbursement requests shown at Exhibit A and authorizes staff to pay the following amounts to the following hotels: Sheraton Carlsbad Grand Pacific Palisades Hotel Park Hyatt Aviara $29,228 $10,271 $48,117 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 Carlsbad By the Sea Resort $11,200 PASSED, APPROVED, AND ADOPTED at a regular meeting of the Board of Directors of the Carlsbad Golf Lodging District on the.lO~day of Apr\\ 2016, by the following vote. to wit: AYEs: Str\~, SQm\{);t3, Gvl\6\..lld NoEs: None. ABSENT: NoV\e. Pro Tern Clerk Carlsbad Golf Lodging Business Improvement District Ill Ill Ill Ill Ill Ill Ill Ill Ill Ill Ill -2- EXHIBIT A Summary of CGLBID Assessment Collections txpenses Account Total less4% Available Pending Balance Property Deposits Admin Fee Deposits (A) Approval Paid (B) (A)-(B) Check Request amount 10,271 48,117 29,228 11,200 Grand Pacific Palisades Hotel 164,948 6,598 158,350 25,894 148,078 10,271 Park Hyatt Aviara 494,060 19,762 474,298 48,117 426,098 48,200 Sheraton Carlsbad Resort 462,572 18,503 444,069 31,335 414,841 29,228 Carlsbad By the Sea 127,038 5,082 121,956 11,200 32,270 89,686 1,248,618 49,945 1,198,673 116,546 1,021,287 177,386 April 20, 2016 Reimbursement Requests Grand Sheraton Pacific Park Hyatt Carlsbad By Carlsbad Palisades Aviara the Sea Total Advertising and Marketing 10,306 7,115 29,672 11,200 58,293 Public Relations 2,250 2,250 Sales Personnel Salary 18,779 18,779 18,445 56,003 31,335 25,894 48,117 11,200 116,546