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HomeMy WebLinkAbout2018-04-18; Carlsbad Golf Lodging Business Improvement District; Resolution 2018-23G1 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. 2018-23G RESOLUTION OF THE BOARD OF DIRECTORS OF THE CARLSBAD GOLF LODGING BUSINESS IMPROVEMENT DISTRICT, APPROVING THE CARLSBAD BY THE SEA 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 April 18 reimbursement request from Carlsbad By the Sea and authorizes staff to pay $21,976 to Carlsbad by the Sea. 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 of the Board of Directors of the Carlsbad Golf Lodging District on the ~day of __ A---=p~r_i_l ____ 2018, by the following vote to wit: AYES: Sims, Samietz, Stripe NOES: None ABSENT: stull ABSTAIN: Rauch ATTEST: Pro Tern C of the 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 Account Deposits Balance Paid Jan 2018 - Property 1/24/18 10/18/17 March 2018 Grand Pacific Palisades Hotel 28,758 28,758 11,162 Park Hyatt Aviara 79,876 32,306 37,302 Sheraton Carlsbad Resort 78,082 44,868 30,814 Carlsbad By the Sea 71,359 10,830 Omni La Costa Resort 67,596 54,567 63,168 Total 325,669 160,499 153,276 April 18, 2018 Reimbursement Requests Advertising and Marketing Public Relations Sales Personnel Sa lary Golf relat ed Equipment Sheraton Grand Pacific Carlsbad Palisades Carry over Less 4% Account expenses Check Admin Balance Pending from Request Fee 4/18/18 Approval 1/24/18 amount 446 10,715 - 1,492 83,380 56,908 56,908 1,233 62,795 - 433 81,756 21,976 21,976 2,527 73,670 79,961 73,670 3,604 312,315 158,845 -152,554 Park Hyatt Carlsbad By the Omni La Aviara Sea Costa Total 39,712 21,976 2,000 63,688 17,196 27,646 44,842 50,315 50,315 56,908 21,976 79,961 158,845