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HomeMy WebLinkAbout2022-01-12; Carlsbad Tourism Business Improvement District; Resolution 2022-2DocuSign Envelope ID: 97DFC059-0400-483A-8A01-1O3EA2F65145 EXHIBIT 1 RESOLUTION NO. 2022-2 A RESOLUTION OF THE ADVISORY BOARD OF THE CARLSBAD TOURISM BUSINESS IMPROVEMENT DISTRICT APPROVING A GRANT PROPOSAL FROM THE LPGA AND ALLOCATING $50,000 OF CTBID GRANT FUNDING FOR 2021- 22 TO THE LPGA FOR THE JTBC CLASSIC WHEREAS, on March 18, 2008, the Advisory Board the Carlsbad Tourism Business Improvement District (CTBID) established a grant program to fund programs and activities that promote overnight stays in Carlsbad; and WHEREAS, four organizations submitted grant applications for Fiscal Year 2021-22 CTBID grant funds; and WHEREAS, the Visit Carlsbad Board reviewed the applications and made funding recommendations to the CTBID Advisory Board for two of the organizations, which were approved by the CTBID Advisory Board at its Aug. 2021 meeting; and WHEREAS, the LPGA had submitted a revised grant application for its grant request, which was not yet approved by the CTBID Advisory Board; and WHEREAS, the Visit Carlsbad Board reviewed the LPGA's application and is recommending the grant request be funded. NOW, THEREFORE, BE IT RESOLVED by the Advisory Board of the Carlsbad Tourism Business Improvement District, as follows: 1. That the above recitations are true and correct. 2. That Advisory Board approves the grant proposal from the LPGA and allocates grant funding in the amount of $50,000 to the LPGA for the JTBC Classic in accordance with grant program guidelines.