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HomeMy WebLinkAbout2016-04-20; Carlsbad Golf Lodging Business Improvement District; ; Approve Reimbursement Requests Carlsbad Golf Lodging Business Improvement District (CGLBID)CARLSBAD GOLF LODGING BUSINESS IMPROVEMENT DISTRICT AGENDA BILL AB# 04-16-23 Approve Reimbursement Requests CGLBID STAFF /j& C' Carlsbad Golf Lodging Business GENERAL Improvement District (CGLBID) MTG. 4-20-16 COUNSEL RECOMMENDED ACTION: Adopt Resolution No. 2016-2G approving the Reimbursement Requests from the Sheraton Carlsbad, the Grand Pacific Palisades Hotel, Park Hyatt Aviara and Carlsbad By the Sea 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 Carlsbad 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. Based on this process, staff has reviewed reimbursement requests submitted by the Sheraton Carlsbad, Grand Pacific Palisades Hotel, Park Hyatt Aviara and the Carlsbad by the Sea Resort 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 A is a summary of CGLBID Assessments collections and a summary of Requests for Reimbursement. FISCAL IMPACT: As of March 31, 2016 CGLBID Assessment revenue was $1,248,618. Reimbursement requests from the Sheraton Carlsbad were $31,335 of which $29,228 is available and is being recommended for payment. Reimbursement requests from the Grand Pacific Palisades were $25,894 of which $110,271 is available and is being recommended for payment. Reimbursement requests from the Park Hyatt Aviara were $48,117 of which $48,117 is available and is being recommended for payment. Reimbursement requests from Carlsbad by the Sea were $11,200 of which $11,200 is available and is being recommended for payment. ENVIRONMENTAL IMPACT: This action does not approve any projects that will have a physical adverse affect on the environment so it falls within the general rule under CEQA that this is not a project (CEQA Regulation 15378 (b)). EXHIBITS: 1. Resolution No. 2016-2G approving the Reimbursement Requests from the Sheraton Carlsbad, the Grand Pacific Palisades Hotel, Park Hyatt Aviara and the Carlsbad by the Sea Resort of approved golf related expenses and authorizing staff to process the payment. A. Summary of CGLBID Assessment collections and summary of Requests for Reimbursement DEPARTMENT CONTACT: Cheryl Gerhardt, 760-602-2753, chery/.gerhardt carlsbadca.gov 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 RESOLUTION NO. 2016-2G RESOLUTION OF THE BOARD OF DIRECTORS OF THE CARLSBAD GOLF LODGING BUSINESS IMPROVEMENT DISTRICT, APPROVING REIMBURSEMENT REQUESTS EXHIBIT 1 WHEREAS, at its November 27,2012 meeting, the Carlsbad City Council adopted Ordinance No. C$-194 forming the Carlsbad GolfLodging 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 ofDirectors 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 20 reimbursement requests shown at Exhibit A and authorizes staff to pay the following amounts to the following hotels: Sheraton Carlsbad Grand Pacific Palisades Hotel Park Hyatt Aviara $29,228 $10,271 $48,117 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 Carlsbad By the Sea Resort $11,200 PASSED, APPROVED, AND ADOPTED at a regular meeting of the Board of Directors of the Carlsbad Golf Lodging District on the.lO~day of Apr\\ 2016, by the following vote. to wit: AYEs: Str\~, SQm\{);t3, Gvl\6\..lld NoEs: None. ABSENT: NoV\e. Pro Tern Clerk 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 txpenses Account Total less4% Available Pending Balance Property Deposits Admin Fee Deposits (A) Approval Paid (B) (A)-(B) Check Request amount 10,271 48,117 29,228 11,200 Grand Pacific Palisades Hotel 164,948 6,598 158,350 25,894 148,078 10,271 Park Hyatt Aviara 494,060 19,762 474,298 48,117 426,098 48,200 Sheraton Carlsbad Resort 462,572 18,503 444,069 31,335 414,841 29,228 Carlsbad By the Sea 127,038 5,082 121,956 11,200 32,270 89,686 1,248,618 49,945 1,198,673 116,546 1,021,287 177,386 April 20, 2016 Reimbursement Requests Grand Sheraton Pacific Park Hyatt Carlsbad By Carlsbad Palisades Aviara the Sea Total Advertising and Marketing 10,306 7,115 29,672 11,200 58,293 Public Relations 2,250 2,250 Sales Personnel Salary 18,779 18,779 18,445 56,003 31,335 25,894 48,117 11,200 116,546