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HomeMy WebLinkAbout2022-04-13; Carlsbad Golf Lodging Business Improvement District; Resolution 2022-93GDocuSign Envelope ID: 68A9B86D-968C-40EA-AFF7-74BE6905B12B RESOLUTION NO. 2022-93G RESOLUTION OF THE ADVISORY BOARD OF THE CARLSBAD GOLF LODGING BUSINESS IMPROVEMENT DISTRICT (CGLBID), APPROVING THE CASSARA, WESTIN AND SHERATON CARLSBAD'S REIMBURSEMENT REQUESTS 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 Advisory Board of the Carlsbad Golf Lodging Business Improvement District, as follows: l.That the above recitations are true and correct. 2.The CGLBID Board approves the April 13 reimbursement request from and authorizes staff to pay $11,559 to the Cassara, $18,421 to the Westin and $18,986 to the Sheraton Carlsbad. DocuSign Envelope ID: 68A9B86D-968C-40EA-AFF7-7 4BE6905B 12B PASSED, APPROVED, AND ADOPTED at a regular meeting of the Advisory Board of the Carlsbad Golf Lodging District on the 13th day of April 2022, by the following vote to wit: AYES: CANEPA, RAUCH, STULL NAYS: N/A ABSENT: GRAY ABSTAIN: STRIPE ATTEST: Bill Canepa Acting Vice-Chair FAVIOLA MEDIN , City Clerk Services Manager Carlsbad Golf Lodging Business Improvement District EXHIBIT A Account Deposits Less 4% Account Check Balance Paid Jan -Mar Admin Balance Pending Request Property 1/12/22 1/12/22 2022 Fee 4/13/22 Approval amount Cassara 16,214 16,214 12,040 482 11,559 14,492 11,559 Park Hyatt Aviara 30,936 15,235 21,450 858 36,293 77,942 36,923 Sheraton Carlsbad Resort 37,806 12,120 22,118 885 46,919 18,986 18,986 Westin Carlsbad Resort 35,243 20,914 12,622 sos 26,446 18,421 18,421 Carlsbad By the Sea 89,783 7,933 11,706 468 93,088 7,780 7,780 Omni La Costa Resort 58,344 15,757 35,428 1,417 76,597 - Ca pe Rey Hilton 88,856 15,589 17,624 705 90,186 9,749 9,749 Hilton Garden Inn 98,391 1,234 15,182 607 111,732 1,182 1,182 Total 455,573 104,996 148,170 5,927 492,821 148,552 104,600