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HomeMy WebLinkAbout2018-01-24; Carlsbad Golf Lodging Business Improvement District; Resolution 2018-20G1 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. 2018-20G RESOLUTION OF THE BOARD OF DIRECTORS OF THE CARLSBAD GOLF LODGING BUSINESS IMPROVEMENT DISTRICT, APPROVING THE OMNI LA COSTA REIMBURSEMENT REQUEST EXHIBIT 2 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; 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 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 January 24 reimbursement request from the Omni LA Costa and authorizes staff to pay $54,567 to the Omni La Costa. 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 26 27 28 PASS ED, APPROVED, AND ADOPTED at a regular meeting of the Board of Directors of the Carlsbad Golf Lodging District on the ~day of _J_a_n_u_a_r_y ___ 2018, by the following vote to wit: AYES:Samietz, Stull, Ruach NOES:None ABSENT :8 tripe ABSTAIN:sims ATTEST: 'Ciro Stripe- ~ ~~ BAIRBARAENGLESON -~ Pro Tern Clerk of the Carlsbad Golf Lodging Business Improvement District Ill Ill Ill Ill Ill Ill Ill Ill Ill Ill Ill -2- !! /Jl.R {{/-I ;) /JJ» I If it I//{{, (j//lJL EXHIBIT A Summary of CGLBID Assessment Collections Carry over Account · Deposits Less 4% Account expenses Check Balance Paid Oct 2017 -Admin Balance Pending from Request Property 10/18/17 10/18/17 Dec 2017 Fee 1/24/18 Approval 10/18/18 amount Grand Pacific Palisades Hotel 17,157 12,084 483 28,758 43,417 28,758 Park Hyatt Aviara 84,307 44,712 41,959 1,678 79,876 32,306 32,306 Sheraton Carlsbad Resort 51,941 27,230 1,089 78,082 44,868 44,868 Carlsbad By the Sea 66,192 7,200 12,882 515 71,359 - Omni La Costa Resort 52,572 52,572 70,412 2,816 67,596 54,567 54,567 Total 272,169 104,484 164,567 3,766 325,669 175,158 -160,499 January 24, 2018 Reimbursement Requests Grand Sheraton Pacific Park Hyatt Carlsbad By Omni La Carlsbad Palisades Aviara the Sea Costa Total Advertising and Marketing 6,523 8,822 17,224 40,173 72,742 Public Relations 3,750 3,750 Sales Personnel Salary 34,595 34,595 15,082 14,394 98,666 carry forward expenses l I --I 44,868 : 43,417 ! 32,306 j 54,567 I 175,158