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HomeMy WebLinkAbout2018-08-01; Carlsbad Golf Lodging Business Improvement District; Resolution 2018-29G2 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. 2018-29G RESOLUTION OF THE BOARD OF DIRECTORS OF THE CARLSBAD GOLF LODGING BUSINESS IMPROVEMENT DISTRICT, APPROVING GRAND PACIFIC PALISADES HOTEL AND SHERATON CARSLBAD'S REIMBURSEMENT REQUESTS EXHIBIT 4 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 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 authorizes staff to pay $24,706 to the Grand Pacific Palisades Hotel and $97,977 to the Sheraton Carlsbad. 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 _1_day of _A_u_g_u_s_t ____ 2018, by the following vote to wit: A YES: Rauch, Stull, Sarnietz NOES:None ABSENT: None ABSTAIN: Stripe ATTEST: BARBARA ENGLESON Pro Tern Clerk of the Ulrich Samietz Vice Chair Carlsbad Golf Lodging Business Improvement District Ill Ill Ill I II Ill Ill Ill Ill Ill Ill II I -2- EXHIBIT A Summary of CGLBID Assessment Collections I Account Deposits Less 4% Account Check Balance Paid April 2018 -Admin Balance Pending Request Property 4/18/18 4/18/18 July 2018 Fee 8/1/18 Approval amount Grand Pacific Pa lisades Hotel 10,715 -14,574 583 24,706 32,788 24,706 Park Hyatt Aviara 83,380 56,908 40,344 1,614 65,202 64,552 64,522 Sheraton Carlsbad Resort 62,795 -36,648 1,466 97,977 98,803 97,977 Carlsbad By the Sea 81,756 21,976 15,124 605 74,299 2,406 2,406 Omni La Costa Resort 73,670 73,670 74,868 2,995 71,873 57,122 57,122 Total 312,315 152,554 181,558 4,268 334,057 255,672 246,733 August 1, 2018 Reimbursement Requests Sheraton Grand Pacific Park Hyatt Carlsbad By the Omni La Carlsbad Palisades Aviara Sea Costa Total Advertising and Marketing 23,913 8,075 44,716 2,406 27,209 106,319 Public Relations 750 750 Sa les Personnel Salary 74,140 24,713 19,836 29,913 148,603 Golf related Eq uipment 98,803 32,788 64,552 2,406 57,122 255,672