HomeMy WebLinkAbout2017-04-13; Carlsbad Golf Lodging Business Improvement District; Resolution 2017-8GEXHIBIT 3
1 RESOLUTION NO. 2017-8G
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 of these 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:
I.23 I 11.tl ti Li1)0‘C IlCitittiOlIS itFC ti L1L.Laid couLct.
24 2.The CGLBID Board approves the April 13 reimbursement request from the Park
25 Hyatt Aviara and authorizes staff to pay $22,216 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 13.±Aay of
3 April 2017, by the following vote to wit:
4
AYES:Board Members Stripe,Bacerra,and Stull
5
NOES:
6
ABSENT:
7
ABSTAIN:Board Member Samietz
8
9
Stripe
10 Chair
11 ATTEST:
12
13 BARB LESON
Pro Tem Cler of the
14 Carlsbad Golf Lodging Business Improvement District
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EXHIBIT A
Summary of CGLBID Assessment Collections
txpenses
Account Check
Total Less 4% Available Pending Balance (A) Request Carry over
Property Deposits Admin Fee Deposits (A} Approval Paid (B) (B) amount expenses (1}
Grand Pacific Palisades Hotel 215,640 8,626 207,014 203,241 3,773 3,773 4,002
Park Hyatt Aviara 647,114 25,885 621,230 22,216 577,285 43,945 22,216 0
Sheraton Carlsbad Resort 614,766 24,591 590,175 581,000 9,175 9,175 6,318
Carlsbad By the Sea 197,302 7,892 189,410 24,000 134,835 54,575 24,000 0
1,674,822 66,993 1,607,829 46,216 1,496,361 111,468 59,164
(1) These expenses will be reimbursed in the next quarters reimbursement if there is adequate cash
April13, 2017 Reimbursement Requests
Sheraton Grand Pacific Park Hyatt Carlsbad By the
Carlsbad Palisades Aviara Sea Total
Advertising and Marketing 3,336 24,000 27,336
Public Relations
Sa les Personnel Salary 18,880 18,880
carry forward expenses 9,175 3,773 12,948
9,175 3,773 22,216 24,000 59,164