HomeMy WebLinkAbout2017-03-08; Carlsbad Golf Lodging Business Improvement District; Resolution 2017-4GEXHIBIT 1
1 RESOLUTION NO.2017-4G
2 RESOLUTION OF THE BOARD OF DIRECTORS OF THE
CARLSBAD GOLF LODGING BUSINESS IMPROVEMENT
3 DISTRICT,APPROVING THE CARLSBAD BY THE SEA
4 REIMBURSEMENT REQUEST
5 WHEREAS,at its November 27, 2012 meeting, the Carlsbad City Council adopted
6 Ordinance No. CS-194 forming the Carlsbad Golf Lodging Business Improvement District
7 (CGLBID);and
8 WHEREAS,members of the district are assessed $2 per occupied room night which is
9 remitted to the city monthly through the current Transient Occupancy Tax collection process;
10 and
11 WHEREAS,the proceeds ofthe additional assessment shall be used to promote golf
12 related tourism within the boundaries of the district; and
13 WHEREAS,each assessed hotel would determine how to spend the funds collected by
14 their respective property provided the expenditures are for an approved golf related expense; and
15 WHEREAS, reimbursement of these expenses would be made quarterly upon approval
16 of the CGLBID Board up to the amount collected per property minus administrative fees per the
17 reimbursement process; and
18 WHEREAS, staff has reviewed the reimbursement requests shows at Exhibit A and is
19 recommending the Board approve these reimbursements and authorize staff to pay the requests
20 up to the amount available.
21 NOW, THEREFORE, BE IT RESOLVED by the Board of Directors of the Carlsbad
22 Golf Lodging Business Improvement District,as follows:
23
1.That the above recitations are true and correct.
24 2.The CGLBID Board approves the March 8 reimbursement request from Carlsbad By
25 the Sea and authorizes staff to pay $12,000 to Carlsbad By the Sea.
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PASSED, APPROVED, AND ADOPTED at a regular meeting of the Board of
2
Directors of the Carlsbad Golf Lodging District on the 8th day of
3 March 2017, by the following vote to wit:
4
AYES:Board Members Stripe,Samietz,Stull
5
NOES:None
6
ABSENT:
7
ABSTAIN:Board Member Be..err.:(40844/4[4.00.1.41
im Stripe
9 Chair
10 ATTEST:
11 JLY\-0 Cak.)&6-svN
12 BARBARA ENGLESON L.6•;5-
Pro Tem Clerk of the
13 Carlsbad Golf Lodging Business Improvement District
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EXHIBIT A
Summary of CGLBID Assessment Collections
Expenses
Account Check
Total Less 4%Available Pending Balance (A)Request Carry over
Property Deposits Admin Fee Deposits (A)Approval Paid (B)(B)amount expenses (1)
Grand Pacific Palisades Hotel 211,710 8,468 203,241 199,635 3,606 3,606 7,775
Park Hyatt Aviara 635,330 25,413 609,917 577,285 32,633 0
Sheraton Carlsbad Resort 604,740 24,190 580,550 570,165 10,385 10,385 15,493
Carlsbad By the Sea 192,676 7,707 184,969 12,000 117,535 67,434 12,000
1,644,456 65,778 1,578,678 12,000 1,464,620 114,057 25,991
1(1)These expenses will be reimbursed in the next quarters reimbursement if there is adequate cash
March 8, 2017 Reimbursement Requests
Sheraton Grand Pacific Park Hyatt Carlsbad By the
Carlsbad Palisades Aviara Sea Total
Advertising and Marketing 12,000 12,000
Public Relations
Sales Personnel Salary -
carry forward expenses 10,385 3,606 13,991
10,385 3,606 12,000 25,991