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HomeMy WebLinkAbout2022-01-12; Carlsbad Tourism Business Improvement District; ; CTBID Grant Proposal from the LPGA for the JTBC ClassicThe new Visit Carlsbad CEO was hired in September 2021 and the LPGA submitted an updated grant request for its JTBC Classic Tournament to be held at the Park Hyatt Resort March 21-27, 2022 (see proposal in Exhibit 2). The Visit Carlsbad Board has reviewed the proposal and is recommending funding for this $50,000 request. Fiscal Impact The CTBID Budget contains an appropriation of $100,000 for CTBID Grants, from which $80,000 is still available for allocation. No further appropriation is required. Environmental Impact This action does not constitute a "project" within the meaning ofthe California Environmental Quality Act under California Public Resources Code Section 21065 in that it has no potential to cause either a direct physical change in the environment, or a reasonably foreseeable indirect physical change in the environment. Exhibits 1. CTBID Advisory Board resolution 2. LPGA CTBID grant proposal DocuSign Envelope ID: 97DFC059-0400-4B3A-8A01-1 D3EA2F65145 EXHIBIT 1 RESOLUTION NO. 2022-2 A RESOLUTION OF THE ADVISORY BOARD OF THE CARLSBAD TOURISM BUSINESS IMPROVEMENT DISTRICT APPROVING A GRANT PROPOSAL FROM THE LPGA AND ALLOCATING $50,000 OF CTBID GRANT FUNDING FOR 2021- 22 TO THE LPGA FOR THE JTBC CLASSIC WHEREAS, on March 18, 2008, the Advisory Board the Carlsbad Tourism Business Improvement District (CTBID) established a grant program to fund programs and activities that promote overnight stays in Carlsbad; and WHEREAS, four organizations submitted grant applications for Fiscal Year 2021-22 CTBID grant funds; and WHEREAS, the Visit Carlsbad Board reviewed the applications and made funding recommendations to the CTBID Advisory Board for two of the organizations, which were approved by the CTBID Advisory Board at its Aug. 2021 meeting; and WHEREAS, the LPGA had submitted a revised grant application for its grant request, which was not yet approved by the CTBID Advisory Board; and WHEREAS, the Visit Carlsbad Board reviewed the LPGA's application and is recommending the grant request be funded. NOW, THEREFORE, BE IT RESOLVED by the Advisory Board of the Carlsbad Tourism Business Improvement District, as follows: 1. That the above recitations are true and correct. 2. That Advisory Board approves the grant proposal from the LPGA and allocates grant funding in the amount of $50,000 to the LPGA for the JTBC Classic in accordance with grant program guidelines. .... , ... ,.. . - f' .1ttc Classic Presented 8y Barbasal. JTBC Classic presented by Barbasol March 21-27, 2022 Park Hyatt Aviara Resort Carlsbad, California EXHIBIT 2 LPG)