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HomeMy WebLinkAbout2017-03-08; Carlsbad Golf Lodging Business Improvement District; ; Approve Reimbursement Requests Carlsbad Golf Lodging Business Improvement District (CGLBID) (2)CARLSBAD GOLF LODGING BUSINESS IMPROVEMENT DISTRICT AGENDA BILL AB#03-17-30 Approve Reimbursement Requests CGLBID STAFF Carlsbad Golf Lodging Business Improvement District (CGLBID)GENERAL MTG.03-8-17 COUNSEL RECOMMENDED ACTION: Adopt Resolutions No. 2017-4G and 2017-5G approving the Reimbursement Requests from Carlsbad by the Sea, Sheraton Carlsbad, and the Grand Pacific Palisades Hotel of approved golf related expenses and/or authorizing staff to process the payments. 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 Resolutions approving the reimbursement requests and authorizing staff to process the payments 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 February 28, 2017 CGLBID Assessment revenue was $1,644,456.The Sheraton Carlsbad had $25,878 of prior period approved but unreimbursed expenses, $10,385 is available and is being recommended for payment. The Grand Pacific Palisades had $11,381 of prior period approved but unreimbursed expenses, of which $3,606 is available and is being recommended for payment.Reimbursement requests from Carlsbad by the Sea were $12,000 of which $12,000 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. 2017-4G approving the Reimbursement Requests from Carlsbad by the Sea of approved golf related expenses and authorizing staff to process the payment. 2.Resolution No. 2017-5G authorizing staff to process the payment of approved golf related expenses from the Sheraton Carlsbad and the Grand Pacific Palisades Hotel. A.Summary of CGLBID Assessment Collections and summary of Requests for Reimbursement. DEPARTMENT CONTACT:Cheryl Gerhardt, 760-602-2425, chetyLgerhardt@carlsbadca.gov