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HomeMy WebLinkAbout2017-10-18; Carlsbad Golf Lodging Business Improvement District; Resolution 2017-17G1 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. 2017-17G RESOLUTION OF THE BOARD OF DIRECTORS OF THE CARLSBAD GOLF LODGING BUSINESS IMPROVEMENT DISTRICT, APPROVING THE OMNI LA COST A REIMBURSEMENT REQUEST EXHIBIT 2 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 October 18 reimbursement request from the Omni LA Costa and authorizes staff to pay $52,572 to the Omni La Costa. 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 ~day of _O_c_t_o_b_e_r ____ 2017, by the following vote to wit: AYES: Stripe, Stull, Samietz NOES: n/a ABSENT: n/a ABSTAIN: Sims ATTEST: (j~m m:,_j~" BARBARA ENGLESON ~· Pro Tern Clerk of the Carlsbad Golf Lodging Business Improvement District I I I I I I Ill I I I I II I I I I I I I I I I I I Ill II I -2- EXHIBIT A Summary of CGLBID Assessment Collections Account Deposits Balance Paid Aug 2017 - Property 8/9/17 8/9/17 Sept 2017 Grand Pacific Palisades Hotel 14,693 7,775 10,666 Park Hyatt Aviara 63,427 10,986 33,194 Sheraton Carlsbad Resort 40,125 15,043 27,978 Ca rlsbad By the Sea 52,044 -14,738 Omni La Costa Resort -54,762 Total 170,289 33,804 141,338 October 18, 2017 Reimbursement Requests Advertising and Marketing Public Relations Sales Personnel Salary carry forward expenses Sheraton Grand Pacific Carlsbad Palisades Carry over Less 4% Account expenses Check Admin Balance Pending from Request Fee 10/18/17 Approval 8/9/17 amount 427 17,157 1,328 84,307 44,712 44,712 1,119 51,941 590 66,192 7,200 7,200 2,190 52,572 82,666 52,572 3,463 272,169 134,578 -104,484 Park Hyatt Carlsbad By the Omni La Aviara Sea Costa Total 28,350 7,200 38,156 73,706 11,694 11,694 16,362 32,816 49,178 44,712 7,200 82,666 134,578