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HomeMy WebLinkAbout2010-05-18; Carlsbad Tourism Business Improvement District; Resolution 2010-3EXHIBIT I 1 RESOLUTION NO. 2010-3 2 A RESOLUTION OF THE BOARD OF DIRECTORS OF THE ADVISORY BOARD OF THE CARLSBAD TOURISM BUSINESS IMPROVEMENT ^ DISTRICT (CTBID) OF THE CITY OF CARLSBAD, CALIFORNIA, TO 4 APPROVE THE ANNUAL REPORT 5 , WHEREAS, the CTBID was fonn^ in accordance with the Califomia o q Government Code Paricing and Business Improvement Area Law of 1989 (Sections 8 36500, et. Seq. of the Streets and Highways Code), and 9 WHEREAS, Section 36533 of the Code requires the CTBID Advisory 10 Board to present an annual report to the City Council's for their review and approval for each fiscal year for which assessments are to be levied and collected to pay the cost for the improvements and activities described in tiie report; and WHEREAS, an Annual Report has been prepared for the 2010-11 fiscal year, and WHEREAS, the Board of Directors of the Carisbad Tourism Business 11 12 13 14 15 16 Improvement Distri(^ wishes to approve the Annual Report; and 18 WHEREAS, the Board of Directors of the Carisbad Tourism Business 19 Improvement District wishes to submit tiie report to the Gity Council for approval; and 20 NOW, THEREFORE, BE IT RESOLVED by the Board of Directors of the ^1 Carisbad Tourism Business Improvement District of the City of Carisbad, Califomia, as follows: 1. That the above recitations are true and correct. 2. That the Annual Report shown at Exhibit A is approved in its entirety 22 23 24 25 2g by the Board of Directors of the Carisbad Tourism Business Improvement District. 27 28 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 3. That tiie approved Annual Report of the Carisbad Tourism Business Improvement District wilt be presented to the City Council for their approval at a June 2010 meeting. /// /// /// /// /// PASSED, APPROVED AND ADOPTED at a regular meeting of the Board of Directors of the Carisbad Tourism Business Improvement District of the City of Carisbad held on the / day of ^v^^ , 2010 by the following vote, to wit: ^UjLf^j ^CU-MJLIU^ danuLf^j ^X-LOOAJ -^IPUK,^ AYES: - • -/ n NOES: AfdVe- ABSENT: 'Qx^<Liy^c^ TIM STRIPE. Vi ATTEST: iRRAINEWOi ^ro T^mjcierk Carisbad Tourisnri III mess Improvement District -2- %0 EXHIBIT A Carlsbad Tourism and Business Improvement District (CTBID) Annual Report 2010-2011 Method of Assessment: The CTBID includes all hotel businesses located within the CTBID boundaries. The assessment shall be levied on all hotel businesses, existing and future, within the City of Carisbad based upon a flat fee of $1.00 per occupied room per night for ail transient occupancies as defined in section 3.12.020(7) of the Carisbad Municipal Code. The amount of assessment shall be separately stated from the amount of the rent and other taxes charged, and each transient shall receive a receipt for payment from the operator. The assessment will be remitted monthly, based on $1.00 per occupied room per night In revenues for the previous month. Assessment Funding Purpose: To administer marketing and visitor programs to pn^mote the City of Carisbad as a tourism visitor destinatk)n and to fund pnDjects, programs, and activities, including appropriate administrative charges that benefit hotels within the boundaries of the District. 2010-11 Work Plan: Last fiscal year, the CTBID contracted with a newly formed Carisbad Convention and Visitors Bureau (CCVB) to provide tourism mariceting services for Carisbad. The CCVB had a new name "VisitCarisbad", a new executive director, new bylaws and a new Board of Directors. The CTBID 2010-11 budget includes $744,582 in funding for VisitCarisbad. The sen/ices provided will focus primarily on driving demand in the leisure maricet segment and secondarily in the meetings market The majority of this will be done through on-line marketing but they will continue to do some print advertising. Funding also includes managing the visitor center and publications as well as developing visitor profile Infonnation. VisitCarisbad will also continue to contract with San Diego North Convention and Visitors Bureau for meetings market leads and bookings. This year the VisitCarisbad Board will also review the CTBID grant applications and make funding recommendations to the CTBID Board. Detail ofthe 2010-11 budget is shown on the following page. 31 EXHIBIT A 2010-11 CTBID Budget 5/11/2010 12:45 2008-09 2009-10 Current Prelected Recommended Program Areas Description Actuals Budget 2009-10 Actuals 2009-10 Actuals 2010-11 Budget Carryover Fund Balance 392,989 234,603 234.603 Revenues: CTBID Assessment $1 per room night 796,219 775,000 578,753 775.000 800,000 Interest Earnings 15,436 10,000 -1,900 0 1.000 Misc Rev 150.000 0 Total Estimated Revenues 961,665 785,000 576,853 775.000 801,000 Exoendltures: 2% Admin. Fee - City 2% of CTBID assessment revenue, for colleetton of CTBID assessment and accounting for CTBID 15.956 16,500 11,456 16,500 16,500 CCVB Payment To operate visitor center, market and promote 16,500 16,500 Carlsbad 374.000 722.895 542,169 722,895 744,582 SDNCVB Carisbad Group Sales 110,000 722,895 744,582 RR&A Contract R^nt Reinders and Associates Consulting 118,400 72.000 29,900 52,000 0 Staff support staff support to the CTBID 20,272 16.500 10,286 16,500 1^500 CTBID Grants Grant program established by CTBID Board 16,539 20.000 7,200 12.720 20,000 Mindgruve contract Spring Marketing Campaign 314.832 35,168 35.125 35,168 0 Mindgruve contract Endless Summer Marketing Campaign 150,042 99.958 99,889 99.958 0 Contingency To be determined by the CTBID Board at a later date -0 0 0 0 Total E)qDenses 1.120,041 983,021 736,024 955.741 Ending Fund Balance Contingency for Revenue shortfall 234,603 $36,582 53,862 * The Carlsbad Convention and Visitors Bureau is the corporate entity. The B^aws have been changed during 2009 to an oiganlzatton that now has seven Board members and Uie dba "Visit Carlsbad".