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HomeMy WebLinkAbout2021-07-07; Carlsbad Golf Lodging Business Improvement District; Resolution 2021-76GDocuSign Envelope ID: D6C89B35-7BB1-496A-9DA2-74D0458759CE EXHIBIT2 RESOLUTION NO. 2021-76G RESOLUTION OF THE BOARD OF DIRECTORS OF THE CARLSBAD GOLF LODGING BUSINESS IMPROVEMENT DISTRICT (CGLBID), APPROVING THE PARK HYATT AVIARA 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 $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 July 7 reimbursement request from Park Hyatt Aviara and authorizes staff to pay $14,176 to Park Hyatt Aviara. PASSED, APPROVED, AND ADOPTED at a regular meeting of the Board of Directors of the Carlsbad Golf Lodging District on the _1L day of August 2021, by the following vote to wit: AYES: Stripe, Rauch, Stull NAYS:N/A ABSENT: Gray ABSTAIN: N/A DocuS\gn Envelope ID: D6C89B35-7BB1-496A-9DA2-74D0458759CE ATTEST: Pro Tern er 11111 Sfrir., Tim Stripe Chair Carlsbad Golf Lodging Business Improvement District EXHIBIT2