HomeMy WebLinkAbout2021-10-13; Carlsbad Golf Lodging Business Improvement District; Resolution 2021-83GDocuSign Envelope ID: 5DB33847-AEA7-4FDB-9959-414E6E093D3C
EXHIBIT4
RESOLUTION NO.2021-83G
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 pav, 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 Oct. 13 reimbursement request from Omni La Costa
Resort and authorizes staff to pay $35,491 to Omni La Costa Resort.
EXHIBIT A
Account Deposits Less4% Account Check
Balance Paid July-Sept Admin Balance Pending Request
Property 7/7/21 7/7/21 2021 Fee 10/13/21 Approval amount
Cassara 15,451 -18,910 756 33,605 54,456 33,605
Park Hyatt Aviara 14,176 14,176 27,182 1,087 26,094 24,893 24,893
Sheraton Carlsbad Resort 18,S29 -17,804 712 35,621 15,453 15,453
Westin Carlsbad Resort 18,049 -19,802 792 37,058 23,672 23,672
Carlsbad By the Sea 63,125 -19,476 779 81,822 4,457 4,457
Omni La Costa Resort 25,958 25,958 50,678 2,027 48,651 35,491 35,491
Cape Rey Hilton 52,752 5,484 24,720 989 70,999 3,824 3,824
Hilton Garden Inn 59,146 2,231 22,096 884 78,127 660 660.
Total 267,186 47,849 200,668 8,027 411,978 162,906 i 142,055