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HomeMy WebLinkAbout2021-10-13; Carlsbad Golf Lodging Business Improvement District; Resolution 2021-80GDocuSign Envelope ID: 1 EB324BB-1 F50-47CA-B915-0F42B804AF28 EXHIBIT 1 RESOLUTION NO. 2021-S0G RESOLUTION OF THE BOARD OF DIRECTORS OF THE CARLSBAD GOLF LODGING BUSINESS IMPROVEMENT DISTRICT (CGLBID), APPROVING THE CARLSBAD BY THE SEA REIMBURSEMENT REQUEST 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 Oct. 13 reimbursement request from Carlsbad By the Sea and authorizes staff to pay $4,457 to Carlsbad by the Sea. PASSED, APPROVED, AND ADOPTED at a regular meeting of the Board of Directors of the Carlsbad Golf Lodging District on the 13th day of Oct. 2021, by the following vote to wit: AYES: Stripe, Stull, Gray, Canepa NAYS: n/a ABSENT: n/a ABSTAIN: Rauch EXHIBIT A Account Deposits Less4% Account Check Balance Paid July-Sept Admin Balance Pending Request Property 7/7/21 7/7/21 2021 Fee 10/13/21 Approval amount Cassara 15,451 -18,910 756 33,605 54,456 33,605 Park Hyatt Aviara 14,176 14,176 27,182 1,087 26,094 24,893 24,893 Sheraton Carlsbad Resort 18,S29 -17,804 712 35,621 15,453 15,453 Westin Carlsbad Resort 18,049 -19,802 792 37,058 23,672 23,672 Carlsbad By the Sea 63,125 -19,476 779 81,822 4,457 4,457 Omni La Costa Resort 25,958 25,958 50,678 2,027 48,651 35,491 35,491 Cape Rey Hilton 52,752 5,484 24,720 989 70,999 3,824 3,824 Hilton Garden Inn 59,146 2,231 22,096 884 78,127 660 660. Total 267,186 47,849 200,668 8,027 411,978 162,906 i 142,055