HomeMy WebLinkAbout2018-01-24; Carlsbad Golf Lodging Business Improvement District; Resolution 2018-21G1
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RESOLUTION NO. 2018-21G
RESOLUTION OF THE BOARD OF DIRECTORS OF THE
CARLSBAD GOLF LODGING BUSINESS IMPROVEMENT
DISTRICT, APPROVING GRAND PACIFIC PALISADES
HOTEL AND SHERATON CARSLBAD'S REIMBURSEMENT
REQUESTS
EXHIBIT 3
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 expenditures 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 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 authorizes staff to pay $28,758 to the Grand Pacific Palisades
Hotel and $44,868 to the Sheraton Carlsbad.
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