Loading...
HomeMy WebLinkAbout2014-04-16; Carlsbad Golf Lodging Business Improvement District; 4-14-12; Approve Reimbursement RequestsCARLSBAD GOLF LODGING BUSINESS IMPROVEMENT DISTRICT AGENDA BILL AB# MTG. 4-14-12 4-16-14 Approve Reimbursement Requests Carlsbad Golf Lodging Business Improvement District (CGLBID) CGLBID STAFF GENERAL COUNSEL RECOMMENDED ACTION: Adopt Resolution No. 2014-3G 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 Carlsbad City Council adopted ordinance No.CS-194 forming the Carisbad Golf Lodging Business Improvement District (CGLBID). Hotels (as that term 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 promote 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 quarterly 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 March 31, 2014 CGLBID Assessment revenue was $259,250. Reimbursement requests from the Sheraton Carisbad were $46,005 of which a $30,357 is available and is being recommended for payment. Reimbursement requests from the Grand Pacific Palisades were $13,583 of which $10,195 is available and is being recommended for payment Reimbursement requests from the Park Hyatt Aviara were $30,557 of which $30,557 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. 2014-3G 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, chervl.aerhardt carlsbadca.aov EXHIBIT 1 1 RESOLUTION NO. 2014-3G 2 RESOLUTION OF THE BOARD OF DIRECTORS OF THE CARLSBAD GOLF LODGING BUSINESS IMPROVEMENT DISTRICT, ADOPTING THE PROPOSED REIMBURSEMENT PROCESS 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 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 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 Carlsbad Golf Lodging Business Improvement District, as follows: 1. That the above recitations are true and correct. 2. The CGLBID Board approves the April 16 reimbursement requests shown at Exhibit B and authorizes staff to pay the following amounts to the following hotels: Sheraton Carlsbad $30,357 Grand Pacific Palisades Hotel $ 10,195 Park Hyatt Aviara $30,557 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 16thday of April 2014, by the following vote to wit: AYES: Board Members Glaser, Stripe. NOES: None. ABSENT: Board Member Allen. Gary Glaser Chair ATTEST: BARBARAENGLESON Pro Tem Clerk of the Carlsbad Golf Lodging Business Improvement District /// /// /// /// /// /// /// /// /// /// /// /// EXHIBIT A 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 quarterly 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 of the 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 bythe 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 EXHIBIT A 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 Propertv Total Deposits Less 4% Admin Fee Available Deposits (A) Pending | Paid Approval j (B) Account Balance (A)-(B) Grand Pacific Palisades Hotel Park Hyatt Aviara Sheraton Carisbad Resort 59,976 166,522 168,008 2,399 6,661 6,720 57,577 159,861 161,288 13,583 1 47,381 30j557j_64^3^ 46,005 1 13a930 10,195 95,536 30,357 394,506 15,780 378,726 9ai45 1 242,637 136,088 Check Request amount 10,195 30,557 30,357 April 16, 2014 Reimbursement Requests Grand Sheraton Pacific Park Hyatt Carlsbad Palisades Aviara Total Advertising and Marketing 22,588 2,100 30,557 55,245 Public Relations 4,500 4,500 Sales and Marketing Contract - Director of Sales Salary 18,917 11,483 30,400 46,005 ; 13,583 i 30,557 ! 90,145