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HomeMy WebLinkAbout2020-10-14; Carlsbad Golf Lodging Business Improvement District; Resolution 2020-63GDocuSign Envelope ID: 53C6BA2A-BC52-412A-A172-A4F06AD53A64 NI4-1 le IT RESOLUTION NO. 2020-63G RESOLUTION OF THE BOARD OF DIRECTORS OF THE CARLSBAD GOLF LODGING BUSINESS IMPROVEMENT DISTRICT (CGLBID), APPROVING THE CARLSBAD BY THE SEA REIMBURSEMENT REQUEST 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 14 reimbursement request from Carlsbad By the Sea and authorizes staff to pay $23,858 to Carlsbad by the Sea. PASSED, APPROVED, AND ADOPTED at a regular meeting of the Board of Directors of the Carlsbad Golf Lodging District on the 14th day of October 2020, by the following vote to wit: AYES: Stripe, Gray, Hughes NAYS: n/a ABSENT: Stull ABSTAIN: Rauch DocuSign Envelope ID: 53C6BA2A-BC52-412A-A172-A4F06AD53A64 1114i Wpt Tim Stripe Chair ATTEST: w41,11 or. _ I: rA Pv-At BARBARA ENGLESON Pro Tern Clerk of the Carlsbad Golf Lodging Business Improvement District e 2 Depoj c/? ( ,) CJe c - EXHIBIT A Property Account Balance 7/7/20 Paid 7/7/20 Deposits June 2020 - Aug 2020 Less 4% Admin Fee Account Balance 10/14/20 Pending Approval Check Request amount Grand Pacific Palisades Hotel 4,779 - 7,866 315 12,330 13,118 12,330 Park Hyatt Aviara 10,706 10,758 - - (52) - - Sheraton Carlsbad Resort 6,191 - 10,154 406 15,939 16,350 16,350 Westin Carlsbad Resort 15,474 - - 15,474 - - Carlsbad By the Sea 70,142 4,854 6,498 260 71,526 23,858 23,858 Omni La Costa Resort 27,453 27,453 4,642 186 4,456 14,316 4,456 Cape Rey Hilton - - 17,224 689 16,535 - - Hilton Garden Inn - - 14,382 575 13,807 - - Total 134,745 43,065 60,766 p' 981 150,015 67,641 56,994