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HomeMy WebLinkAbout2017-06-29; Carlsbad Golf Lodging Business Improvement District; Resolution 2017-10G1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 RESOLUTION NO. 2017-l0G RESOLUTION OF THE BOARD OF DIRECTORS OF THE CARLSBAD GOLF LODGING BUSINESS IMPROVEMENT DISTRICT, APPROVING THE CARLSBAD BY THE SEA REIMBURSEMENT REQUEST EXHIBIT 1 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 expenditures 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: I. That the above recitations are true and correct. 2. The CGLBID Board approves the June 5 reimbursement request from Carlsbad By the Sea and authorizes staff to pay $4,800 to Carlsbad By the Sea. I 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 PASSED, APPROVED, AND ADOPTED at a regular meeting of the Board of Directors of the Carlsbad Golf Lodging District on the zq day of _J::::...::\.,U"\L.___:_:_-'--=:.__---2017, by the following vote to wit: AYES: Chairperson Stripe, Board Members Samietz, Sims and Stull NOES: ABSENT: Board Member Becerra ABSTAIN: ATTEST: BARBARA ENGLESON Pro Tern Clerk of the Carlsbad Golf Lodging Business Improvement District Ill I I I I I I Ill I I I I I I Ill Ill Ill Ill Ill -2- EXHIBIT A Summary of CGLBID Assessment Collections Carry over Account Deposits Account expenses Check Balance Paid April 2017-Less 4% Balance Pending from Request Property 4/13/17 4/13/17 May 2017 admin fee 6/29/17 Approval 4/13/17 Amount Grand Pacific Palisades Hotel 3,773 (3,773) 10,064 (403)9,661 4,002 4,002 Park Hyatt Aviara 43,945 (22,216) 30,838 (1,234) 51,333 14,417 14,417 Sheraton Carlsbad Resort 9,175 (9,175) 22,402 (896)21,506 6,318 6,318 Carlsbad By the Sea 54,575 (24,000) 6,568 (263)36,880 4,800 4,800 Total! 111,468 (59,164) 69,872 (2,795) 119,381 19,217 10,320 29,537 June 5, 2017 Reimbursement Requests Grand Sheraton Pacific Park Hyatt Carlsbad By Carlsbad Palisades Aviara the Sea Total Advertising and Marketing 3,668 4,800 8,468 Public Relations Sales Personnel Salary 10,749 10,749 carry forward expenses 6,318 4,002 10,320 6,318 4,002 14,417 4,800 29,537