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HomeMy WebLinkAbout2013-10-16; Carlsbad Golf Lodging Business Improvement District; 10-13-06; Approve Reimbursement RequestsCARLSBAD GOLF LODGING BUSINESS IMPROVEMENT DISTRICT AGENDA BILL AB# 10-13-09 Approve Reimbursement Requests Carlsbad Golf Lodging Business Improvement District (CGLBID) CGLBID STAFF MTG. 10-16-13 Approve Reimbursement Requests Carlsbad Golf Lodging Business Improvement District (CGLBID) GENERAL COUNSEL Approve Reimbursement Requests Carlsbad Golf Lodging Business Improvement District (CGLBID) RECOMMENDED ACTION: Adopt Resolution No. 2013-8G approving the Reimbursement Requests from the Sheraton Carisbad, the Grand Pacific Palisades Hotel, and the Park Hyatt Aviara of approved golf related expenses and authorizing staff to process the payment. ITEM EXPLANATION: At its November 27, 2012 meeting, the Carisbad City Council adopted ordinance No.CS-194 forming the Carisbad Golf Lodging Business Improvement District (CGLBID). Hotels (as that temri Is defined In Carlsbad Municipal Code § 3.12.020(1)) that choose to opt in and be a part of this district are assessed $2 per occupied room night which is remitted to the city monthly through the current Transient Occupancy Tax collection process. The proceeds of the additional hotel business assessment shall be used to pnDmote golf-related tourism within the boundaries of the CGLBID, as well as marketing related capital improvements such as golf-related signage, golf related equipment and to pay for the related administrative costs. Each assessed hotel would determine how to spend the funds collected by their respective property provided the expenditures are for an approved golf related expense. Reimbursement of these expenses would be made quarteriy upon approval by the CGLBID Board up to the amount collected per property minus administrative fees. At its April 17, 2013 meeting, the CGLBID Board approved a process for reimbursement (Exhibit A). Based on this process, staff has reviewed reimbursement requests submitted by the Sheraton Carisbad, Grand Pacific Palisades Hotel and Park Hyatt Aviara and is recommending the board approve the attached Resolution approving the reimbursement requests and authorizing staff to process the payment for the expenses up to the amount collected minus the 4% administration fees. Attached at Exhibit B is a summary of CGLBID Assessments collections and a summary of Requests for Reimbursement. FISCAL IMPACT: As of September 30, 2013 CGLBID Assessment revenue was $98,958. Reimbursement requests from the Sheraton Carisbad were $16,299 Palisades were $500 of which along with prior period approved but unreimbursed expenses $41,454 is available and Is being recommended for payment. Reimbursement requests from the Grand Pacific Palisades were $500 of which along with prior period approved but unreimbursed expenses $15,261 is available and is being recommended for payment. Reimbursement requests from the Park Hyatt Aviara were $17,430 of which $17,430 is available and Is being recommended for payment. ENVIRONMENTAL IMPACT: This action does not approve any projects that will have a physical adverse affect on the environment so it falls within the general rule under CEQA that this is not a project (CEQA Regulation 15378 (b)). EXHIBITS: 1. Resolution No. 2013-8G approving the Reimbursement Requests from the Sheraton Carisbad, the Grand Pacific Palisades Hotel, and the Park Hyatt Aviara of approved golf related expenses and authorizing staff to process the payment. A. CGLBID Proposed Process for Reimbursement B. Summary of CGLBID Assessment collections and summary of Requests for Reimbursement DEPARTMENT CONTACT: Cheryl Gerhardt, 760-602-2753, chervLaerhardt carlsbadca.aov EXHIBIT 1 1 RESOLUTION NO. 2013-8G 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 2 RESOLUTION OF THE BOARD OF DIRECTORS OF THE CARLSBAD GOLF LODGING BUSINESS IMPROVEMENT ^ DISTRICT, ADOPTING THE PROPOSED REIMBURSEMENT 4 PROCESS ^ WHEREAS, at its November 27, 2012 meeting, the Carisbad 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 ofthe CGLBID Board up to the amount collected per property minus administrative fees per the reimbursement process as shown at Exhibit A; and WHEREAS, staff has reviewed the reimbursement requests shows at Exhibit B 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 ofthe Carisbad Golf Lodging Business Improvement District, as follows: 1. That the above recitations are true and correct. 2. The CGLBID Board approves the October 16* reimbursement requests shown at Exhibit B and authorizes staff to pay the following amounts to the following hotels: Sheraton Carisbad $41,454 Grand Pacific Palisades Hotel $ 15,261 Park Hyatt Aviara $ 17,430 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 ofthe Board of Directors of the Carlsbad Golf Lodging District on the ^day of 2013, by the following vote to wit: AYES: NOES: ABSENT: Gary Glaser Vice- Chair ATTEST: fGLESOl )ofthe Lodging Bu^iiit mprovement District /// /// /// /// /// /// /// /// /// /// /// /// EXHIBITA Carlsbad Golf Lodging Business Improvement District (CGLBID) Process for Reimbursement (see Chapter 3.38 of CMC for more information) Hotels that have opted into the CGLBID will collect a $2 per room night CGLBID assessment. This assessment may be combined with the CTBID assessment on the guest's bill, and notated as "BID Assessments", but may not be combined with TOT or state assessments. Hotel will remit monthly, CGLBID assessments along with TOT and CTBID assessments. City finance department will revise form to include line for CGLBID assessment. City will track CGLBID payments for each hotel. Amount collected minus 4% administrative charge will be available to the hotels for reimbursement for allowable expenditures. • Hotel shall submit a quarteriy accounting of expenses for CGLBID activities to BID manager. Reimbursement requests submitted by the 10*'' of the month following the end of the quarter will be processed for that quarter's reimbursement. • BID manager will review documentation and determine allowable amount of reimbursement. Reimbursement will be limited to amount of assessment remitted to the city less the 4% administrative fee. Reimbursement request will be Included In the CGLBID Board meeting agenda for approval by the CGLBID Board at the next CGLBID Board meeting. Approval must be made by a quorum ofthe board which Is at least two members. CGLBID Board's decision shall be final as to whether an allowable expenditure is reimbursable. • Where a reimbursement was denied by the CGLBID Board, the Board, pursuant to CMC § 3.28.070, may recommend to the Carisbad City Council that the type or purpose of denied reimbursement be permitted in the future as an allowable expenditure. • Once reimbursement is approved by the CGLBID Board, BID manager will process the payment to hotel. • Any funds that have not been reimbursed by the end of the year will carry forward to the next year. • Meeting dates for CGLBID 1/30/13,4/17/13, 5/15/13,7/10/13,10/7/13 • Allowable expenditures include the following: > Equipment related to golf such as golf transportation equipment, golf racks, golf signage, etc. (equipment related specifically to the promotion of golf) > Joint marketing related to the promotion of a member's property and a Carisbad golf course. Approved by CGLBID Board 4/17/13 EXHIBITA such as: • A brand initiative such as Marriott, Hilton, Starwood, or Hyatt advertising the member's property in conjunction with a Carisbad Golf Course • A marketing promotion - radio, TV, or print advertising the member's property and a Carisbad golf course • On-line / Internet promotions jointly advertising a member's property and a Carisbad golf course • Reimbursement for marketing and sales staff on time spent In joint marketing efforts > Other expenses to promote golf-related tourism • Documentation required for reimbursement > Completed Request for Reimbursement Form > Copy of invoices for expenses Approved by CGLBID Board 4/17/13 Summary of CGLBID Assessment Collections EXHIBIT B Expenses Account Check Total Less 4% Available Pending Pending Paid Balance Request Prooertv Deposits Admin Fee Deposits (A) Approval Payment (i) (B) (A)-(B) amount Grand Pacific Palisades Hotel 37,132 1,485 35,647 500 17,275 20,385 15,261 15,261 Park Hyatt Aviara 94,396 3,776 90,620 17,430 44,238 46,383 17,430 Sheraton Carlsbad Resort 102,586 4,103 98,483 16,299 29,543 57,028 41,454 41,454 234,114 9,365 224,749 34,229 46,818 121,651 103,098 (1) These amounts represent expenses that were previously approved but not paid out due to Inadequate cash. {2) These expenses will be reimbursed in the next quarters reimbursement October 16, 2013 Reimbursement Requests 1 Grand Sheraton Pacific Park Hyatt 4 Carisbad Palisades Aviara 1 Total Advertising and Marketing 10,000! 10,000 Public Relations j 11,750 500 7,430 19,680 Sales and Marketing Contract | 4,549 I 4,549 Directorof Sales Salary | ! 1 16,299 500 17,430 ! 34,229