HomeMy WebLinkAbout2022-01-12; Carlsbad Golf Lodging Business Improvement District; Resolution 2022-89GDocuSign Envelope ID: 5CEB775A-EEBB-49AA-AC49-83743C8E08E4
RESOLUTION NO. 2022-89G
RESOLUTION OF THE ADVIOSRY BOARD OF THE CARLSBAD GOLF LODGING
BUSINESS IMPROVEMENT DISTRICT (CGLBID), APPROVING THE CASSARA,
WESTIN AND SHERATON CARLSBAD'S REIMBURSEMENT REQUESTS
EXHIBIT 5
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 ~olf 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 Advisory Board 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 Jan . 12 reimbursement requests and authorizes staff to
pay $16,214 to the Cassa ra, $20,914 to the Westin Carlsbad and $12,120 to the Sheraton
Carlsbad.
EXHIBIT A
Account Deposits Less 4% Account Check
Balance Paid Oct -Dec Admin Balance Pending equest
Property 10/13/21 10/13/21 2021 Fee 1/12/22 Approval 3mount
Cassara 33,605 33,605 16,890 676 16,214 16,818 16,214
Pa rk Hyatt Aviara 26,094 24,893 30,974 1,239 30,936 15,235 15,235
Sheraton Carlsbad Resort 35,621 15,453 18,373 735 37,806 12,120 12,120
Westin Carlsbad Resort 37,058 23,672 22,767 911 35,243 20,914 20,914
Carlsbad By the Sea 81,822 4,457 12,936 517 89,783 7,933 7,933
Omni La Costa Resort 48,651 35,491 47,066 1,883 58,344 15,767 15,757
Cape Rey Hilton 70,999 3,824 22,584 903 88,856 15,589 15,589
Hilton Garden Inn 78,127 660 21,796 872 98,391 1,234 1,234
Total 411,978 142,055 193,386 7,735 455,573 105,610 104,996