HomeMy WebLinkAbout2017-03-08; Carlsbad Golf Lodging Business Improvement District; Resolution 2017-3GEXHIBIT 3
1 RESOLUTION NO.2017-3G
2 RESOLUTION OF THE BOARD OF DIRECTORS OF THE
CARLSBAD GOLF LODGING BUSINESS IMPROVEMENT
3 DISTRICT,APPROVING THE PARK HYATT AVIARA
4 REIMBURSEMENT REQUEST
5 WHEREAS,at its November 27, 2012 meeting, the Carlsbad City Council adopted
6 Ordinance No. CS -194 forming the Carlsbad Golf Lodging Business Improvement District
7 (CGLBID);and
8 WHEREAS,members of the district are assessed $2 per occupied room night which is
9 remitted to the city monthly through the current Transient Occupancy Tax collection process;
10 and
11 WHEREAS,the proceeds of the additional assessment shall be used to promote golf
12 related tourism within the boundaries of the district; and
13 WHEREAS,each assessed hotel would determine how to spend the funds collected by
14 their respective property provided the expenditure are for an approved golf related expense; and
15 WHEREAS, reimbursement ofthese expenses would be made quarterly upon approval
16 of the CGLBID Board up to the amount collected per property minus administrative fees per the
17 reimbursement process; and
18 WHEREAS, staff has reviewed the reimbursement requests shows at Exhibit A and is
19 recommending the Board approve these reimbursements and authorize staff to pay the requests
20 up to the amount available.
21 NOW, THEREFORE, BE IT RESOLVED by the Board of Directors of the Carlsbad
22 Golf Lodging Business Improvement District,as follows:
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1.That the above recitations are true and correct.
24 2.The CGLBID Board approves the February 23 reimbursement request from the Park
25 Hyatt Aviara and authorizes staff to pay $68,834 to the Park Hyatt Aviara.
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PASSED, APPROVED, AND ADOPTED at a regular meeting of the Board of
2
Directors of the Carlsbad Golf Lodging District on the 8th day of
3 March 2017, by the following vote to wit:
AYES:Board Members Bacerra,Stripe,Stull
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NOES:None
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ABSENT:
7 I =ABSTAIN:Board Member S.4e z
8 111111&LIFAL.
9
im Stripe /Chair
10 ATTEST:
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12 BARBARA ENGLES ON
Pro Tem Clerk of the
13 Carlsbad Golf Lodging Business Improvement District
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EXHIBIT A
Summary of CGLBID Assessment Collections
Expenses
Available Account Check Carry over
Total Less 4%Deposits Pending Paid Balance Request expenses
Property Deposits Admin Fee (A)Approval (B)(A)-(B)amount (1)
Grand Pacific Palisades Hotel 207,954 8,318 199,636 16,799 171,440 28,195 28,195 11,381
Park Hyatt Aviara 622,352 24,894 597,458 68,834 508,451 89,008 68,834 0
Sheraton Carlsbad Resort 593,922 23,757 570,165 87,143 482,027 88,138 88,138 25,878
Carlsbad By the Sea 188,894 7,556 181,338 5,300 117,535 63,803 5,300 0
1,613,122 64,525 1,548,597 178,076 1,279,453 269,144 190,467
(1)These expenses will be reimbursed in the next quarters reimbursement if there is adequate cash
February 23, 2017 Reimbursement Requests
Grand
Sheraton Pacific Park Hyatt Carlsbad By
Carlsbad Palisades Aviara the Sea Total
Advertising and Marketing 17,343 4,970 38,500 5,300 66,113
Public Relations 4,500 4,500
Sales Personnel Salary 65,300 11,829 30,334 107,463
87,143 16,799 68,834 5,300 178,076