HomeMy WebLinkAbout2018-08-01; Carlsbad Golf Lodging Business Improvement District; Resolution 2018-28G2
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RESOLUTION NO. 2018-28G
RESOLUTION OF THE BOARD OF DIRECTORS OF THE CARLSBAD GOLF LODGING BUSINESS IMPROVEMENT DISTRICT, APPROVING THE PARK HYATT AVIARA REIMBURSEMENT REQUEST
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 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 August 1 reimbursement request from the Park
Hyatt Aviara and authorizes staff to pay $64,522 to the Park Hyatt Aviara.
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PASSED, APPROVED, AND ADOPTED at a regular meeting of the Board of
Directors of the Carlsbad Golf Lodging District on the _1_day of
__ A_u_g_u_s_t ____ 2018, by the following vote to wit:
A YES:Stripe, Stull, Rauch
NOES~one
ABSENT:None
ABSTAIN: Samietz
ATTEST:
BARBARA ENGLES
Pro Tern Clerk of the
Carlsbad Golf Lodging Business Improvement District
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EXHIBIT A
Summary of CGLBID Assessment Collections
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Account Deposits Less 4% Account Check
Balance Paid April 2018 -Admin Balance Pending Request
Property 4/18/18 4/18/18 July 2018 Fee 8/1/18 Approval amount
Grand Pacific Pa lisades Hotel 10,715 -14,574 583 24,706 32,788 24,706
Park Hyatt Aviara 83,380 56,908 40,344 1,614 65,202 64,552 64,522
Sheraton Carlsbad Resort 62,795 -36,648 1,466 97,977 98,803 97,977
Carlsbad By the Sea 81,756 21,976 15,124 605 74,299 2,406 2,406
Omni La Costa Resort 73,670 73,670 74,868 2,995 71,873 57,122 57,122
Total 312,315 152,554 181,558 4,268 334,057 255,672 246,733
August 1, 2018 Reimbursement Requests
Sheraton Grand Pacific Park Hyatt Carlsbad By the Omni La
Carlsbad Palisades Aviara Sea Costa Total
Advertising and Marketing 23,913 8,075 44,716 2,406 27,209 106,319
Public Relations 750 750
Sa les Personnel Salary 74,140 24,713 19,836 29,913 148,603
Golf related Eq uipment
98,803 32,788 64,552 2,406 57,122 255,672