The URL can be used to link to this page

Home My WebLink About2022-07-13; Carlsbad Tourism Business Improvement District; Resolution 2022-10DocuSign Envelope ID: 2DF5A548-E043-4700-AE3A-041 5725635C5 RESOLUTION NO. 2022-10 A RESOLUTION OF THE ADVISORY BOARD OF THE CARLSBAD TOURISM BUSINESS IMPROVEMENT DISTRICT APPROPRIATING ADDITIONAL FUNDS FOR SPECIAL COUNSEL AND CONSULTANT SERVICES FOR THE ESTABLISHMENT OF A TBID WITH AN ALTERNATE GOVERNANCE MODEL AND AUTHORIZATION STRUCTURE AND AUTHORIZING THE ADVISORY BOARD CHAIR TO EXECUTE ANY CONTRACT OR CONTRACT AMENDMENT FOR THE NECESSARY CONSULTANT SERVICES, SUBJECT TO THE CONTRACT'S OR CONTRACT AMENDMENT'S APPROVAL AS TO FORM BY THE GENERAL COUNSEL EXHIBIT 3 WHEREAS, the Carlsbad Tourism Business Improvement District (CTBID) Advisory Board is currently operating under the Parking and Business Improvement Area of 1989 ("89 Act"); and WHEREAS, the CTBID increased the assessment from $1 per room night to 2% of gross room revenues in November 2020, creating a larger budget to market Carlsbad as a destination; and WHEREAS, a more sophisticated governance model and authorization structure would drive greater efficiency and stability of operations; and WHEREAS, the Property and Business Improvement District Law of 1994 ("94 Act") would allow for a TBID to be established that would consolidate decision-making authority by eliminating the two-board structure and creating a single non-profit entity that can administer both the advisory services and marketing services; and WHEREAS, the consolidation of these functions into one organization could allow for more concise planning and greater efficiency; and WHEREAS, to pursue the establishment of a TBID with an alternate governance model and authorization structure, there is a continued need for services from special counsel and a consultant with expertise in the establishment of TB IDs with such alternate governance model and authorization structure. NOW, THEREFORE, BE IT RESOLVED by the Advisory Board of the Carlsbad Tourism Business Improvement District as follows: 1. The above recitations are true and correct. 2. The CTBID Advisory Board appropriates an additional $25,000 from reserve funds for special counsel and consultant services to pursue the establishment of a TBID with an alternate governance model and authorization structure. DocuSign Envelope ID: 2DF5A548-E043-4700-AE3A-0415725635C5 3. The CTBID Advisory Board authorizes the Chair to execute any contract or contract amendment for the needed consultant services, subject to the contract's or contract amendment's approval as to form by the general counsel. PASSED, APPROVED AND ADOPTED at a Regular Meeting of the Advisory Board of the Carlsbad Tourism Business Improvement District on the 13th day of July 2022, by the following vote, to wit: AYES: Becerra, Canepa, Chapin, Rauch, Stripe, Zupanski NAYS: None ABSENT:None ABSTAIN: None TIM STRIPE, Chair +j)vC ~FAVIOLA MEDINA, City Clerk Services Manager (SEAL)