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HomeMy WebLinkAbout2021-01-13; Carlsbad Golf Lodging Business Improvement District; Resolution 2021-67GDocuSign Envelope ID C4F9227A-0A1A--4AE5-625A-4E00E5B27DBE EXHIBIT 2 RESOLUTION NO. 2021-67G RESOLUTION OF THE BOARD OF DIRECTORS OF THE CARLSBAD GOLF LODGING BUSINESS IMPROVEMENT DISTRICT (CGLBID), APPROVING THE GRAND PACIFIC PALISADES HOTEL AND SHERATON CARLSBAD'S REIMBURSEMENT REQUESTS 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; 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 of Directors of the Carlsbad Golf Lodging Business Improvement District, as follows: 1.That the above recitations are true and correct. 2.The CGLBID Board approves the January 13 reimbursement requests and authorizes staff to pay $5,629 to the Grand Pacific Palisades Resort, and $8,260 to the Sheraton Carlsbad. PASSED, APPROVED, AND ADOPTED at a regular meeting of the Board of Directors of the Carlsbad Golf Lodging District on the 13th day of January 2021, by the following vote to wit: AYES: Gray, Rauch, Hughes NAYS: n/a ABSENT: Stull ABSTAIN: Stripe DocuSign Envelope ID: C4F9227A-0A1A-4AE5-625A-4E00E5B27DBE EXHIBIT 2 &off amid! Geoff Gray, Vice-Chair Chair ATTEST: 1-jeciof Gomez / °clout) C11-‘) Clet< BARBARA ENGLESON Pro Tern Clerk of the Carlsbad Golf Lodging Business Improvement District EXHIBIT A Property Account Balance 10/14/20 Paid 10/14/20 Deposits Sept 2020 - 2020 Less 4% Admin Fee Account Balance 1/13/21 Check Pending Request Approval amount Grand Pacific Palisades Hotel . 12,330 12,330 9,284 371 8,913 5,629H . 5,629 Park Hyatt Aviara (52) - 12,380 495 11,833 _ . Sheraton Carlsbad Resort 15,939 16,350 12,386 495 11 480 8,260! 8,260 Westin Carlsbad Resort 15,474 - - - 15,474 i Carlsbad By the Sea 71,536 23,858 10,510 420 57,767 _ 2,615 ' 2,615 Omni La Costa Resort 4,456 4,456 13,532 541 12,991 28,421 12,991 . .. Cape Rey Hilton 16,535 3,837 17 402 ! 696 29,404 3,837 3,837 _ _ Hilton Garden Inn 13,807 215 17,648 706 30,534 215 215 Total 150,025 61,046 93,142 1,782 178,395 48,977 33,547