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HomeMy WebLinkAbout2021-04-14; Carlsbad Golf Lodging Business Improvement District; Resolution 2021-73GDocuSign Envelope ID: 39416F91-75F4-4CAE-B7D3-3958205AD553 EXHIBIT 4 RESOLUTION NO. 2021-73G RESOLUTION OF THE BOARD OF DIRECTORS OF THE CARLSBAD GOLF LODGING BUSINESS IMPROVEMENT DISTRICT (CGLBID), APPROVING THE OMNI LA COSTA RESORT REIMBURSEMENT REQUEST 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 are $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 April 14 reimbursement request from Omni La Costa Resort and authorizes staff to pay $7,718 to Omni La Costa Resort. DocuSign Envelope ID: 39416F91-75F4-4CAE-87D3-3958205A0553 EXHIBIT 4 PASSED, APPROVED, AND ADOPTED at a regular meeting of the Board of Directors of the Carlsbad Golf Lodging District on the jjday of April 2021, by the following vote to wit: AyEs:Stripe, Stull, Rauch, Gray NAYS: N/A ABSENT: Hughes ABSTAIN: N/A tit% grip(- Tim Stripe Chair ATTEST: Goine BARBARA ENGLESON e/9117y 6/ C/ea_f Pro Tern Clerk of the Carlsbad Golf Lodging Business Improvement District EXHIBIT A Property Account Balance 1/13/21 Paid 1/13/21 Deposits Jan-March 2021 Less 4% Admin Fee Account Balance 4/14/21 Check Pending Request Approval amount Cassara 8,913 5,629 5,148 206 8,226 7,142 7,142 Park Hyatt Aviara 11,833 - 4,762 190 16,456 20,208 16,456 Sheraton Carlsbad Resort 11,480 8,260 6,496 260 12,661 8,373 8,373 Westin Carlsbad Resort 15,474 - - - 12,329 968 968 Carlsbad By the Sea 57,767 2,615 5,206 208 60,150 10,746 10,746 Omni La Costa Resort 12,991 12,991 8,040 322 7,718 26,761 7,718 Cape Rey Hilton 29,404 3,837 9,076 363 38,117 3,336 3,336 Hilton Garden Inn 30,534 215 10,904 436 41,002 1,315 1,315 Total 178,396 33,547 49,632 1,985 196,660 78,849 56,054