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HomeMy WebLinkAbout2018-10-17; Carlsbad Golf Lodging Business Improvement District; Resolution 2018-32G2 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. 2018-32G 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 October 17 reimbursement request from the Park Hyatt Aviara and authorizes staff to pay $23,216 to the Park Hyatt Aviara. 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 __ O_c_t_o_b_e_r ___ 2018, by the following vote to wit: AYES: Stripe, Stull, RAuch, Hughes NOES: n/a ABSENT: n/a ABSTAIN: Gray ATTEST: Bh~W====-tP Pro Tern Clerk 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 I Account Deposits Less4% Account Check Balance Paid June 2018 -Admin Balance Pending Request Property 8/1/18 8/1/18 Aug2018 Fee 10/17/18 Approval amount Grand Pacific Palisades Hotel 24,706 24,706 15,800 632 15,168 15,576 15,168 Park Hyatt Aviara 65,202 64,552 47,812 1,912 46,549 23,216 23,216 Sheraton Carlsbad Resort 97,977 97,977 44,002 1,760 42,242 38,426 38,426 Westin Carlsbad Resort --6,276 251 6,025 13,227 6,025 Carlsbad By the Sea 74,299 2,406 20,888 836 91,945 26,903 26,903 Omni La Costa Re sort 71,873 57,122 84,960 3,398 96,313 60,851 60,851 Total 334,057 246,763 219,738 5,391 298,242 178,200 170,589 October 17, 2018 Reimbursement Requests r Grand Sheraton Pacific Park Hyatt Carlsbad By Omni La Carlsbad Palisades Aviara the Sea Costa Westin Total Advertising and Marketing 5,507 3,073 12,181 26,903 18,560 6,135 72,359 Public Relations - Sales Personnel Salary 12,504 11,035 27,364 7,092 57,995 Golf related Equipment 32,919 14,927 47,846 38,426 15,576 23,216 26,903 60,851 13,227 178,200