R ESOLUTION NUMBER R - 316836

San Diego Res. R-316836

California Municipal Codes

ll l )1 2l 1 (R -2026-508) R ESOLUTION NUMBER R - 316836 DATE OF FNAL PASSAGE JU N 1 8 2026 A R ESOLUTION OF THE COUNCIL OF THE CITY OF SAN DIEGO APPR OVING THE FISCAL Y-EAR 2027 R EPOR T OF ACTIVITIES FOR THE TOUR ISM MAR KETING DISTRCT AND AUTHOR IZING THE R ELATED EXPENDITUR E OF FUNDS. R ECITALS The Council of the City of San Diego (Council ) adopts this R esol ution based on the fol l owing: A.

On November 26,201 2, in R esol ution R -307843, the Council of the City of San Diego (City Council ) renewed the San Diego Tourism Marketing District (TMD) for a period of thirty-nine and one-hal f years commencing January 1 ,201 3 (R esol ution of F ormation). B. On August 2, 201 6, in R esol ution R -31 0664, the City Council approved a modification to the TMD management pl an, defining l odging business as those with 70 or more rooms, subject to the two percent assessment rate on assessabl e room rent. C.

The City Council approved the current ten-year operating agreement between the City of San Diego (City) and the San Diego Tourism Marketing District Corporation (SDTMD Corporation) in Ordinance O-21 202, effective June 24,2020 (Operating Agreement). D.

Section 4.2.1 .1 of the Operating Agreement requires that prior to disbursement, TMD assessment funds must be part of a City Council approved TMD budget. E. It is projected that $46,3 01 ,91 5 in TMD assessment funds incl uding interest and penal ties wil l be col l ected during the period of Jul y 1 ,2026 through June 3 0,2027 (F Y 2027). F . The SDTMD Corporation prepared the annual prospective report and budget required by San Diego Municipal Code

section 6 1 .2521 (R eport of Activities) based on an anticipated budget total of $56,3 97,883 in TMD assessment funds for F Y 2027, incl uding -PAGE 1 OF 4-

(R -2026-508) $51 0,000 for recovery of City administration expenses, the projected TMD assessments in F Y 2027, and $1 0,095,968 in carryover of administrative and other budgeted funds remaining from previous years. G. The Office of the City Attorney has drafted this resol ution based on the information provided by City staff, incl uding information provided by affected third parties and verified by City staff, with the understanding that this information is compl ete, true, and accurate. ACTION ITEMS Be it resol ved by the Council of the City of San Diego. 1 .

The F Y 2027 R eport of Activities is approved with an anticipated budget total of $56,3 97,883 incl uding $51 0,000 for recovery of City administration expenses. F unding sources for this budget figure incl udes: anticipated TMD assessments for F Y 2027 of $46,3 01 ,91 5; and carryover of administrative and other budgeted funds from previous years of $1 0,095,968. The F Y 2027 R eport of Activities is on fil e in the office ofthe City Cl erk as Document No. R R-316836 . 2. The Chief F inancial Officer (CF

O) is authorized and directed to appropriate and expend from the Tourism Marketing District F und No. 200726 for impl ementation of the F Y 2027 R eport of Activities in amounts not to exceed: $46,301 ,91 5 of F Y 2027 estimated revenue, and $8,766,336 of carryover administrative and other budgeted funds from previous years. The impl ementation of the F Y 2027 R eport of Activities incl udes recovery of actual City administrative costs estimated at $1 60,000. The appropriation and expenditure from the Tourism Marketing District F und No. 200726 is contingent upon the CF O certifying that the funds necessary for expenditure are, or wil l be, on deposit in the City Treasury. -PAGE 2 OF 4-

(R -2026-508) 3. The CF O is authorized and directed to appropriate and expend from the Tourism Marketing District F und No. 200704 for impl ementation of the F Y 2027 R eport of Activities in amounts not to exceed: $1 ,028,049 in carryover funds from previous years, incl uding recovery of actual City administration costs estimated to be $350,000. Such appropriation and expenditure is contingent upon the CF O certifying that the funds necessary for expenditure are, or wil l be, on deposit in the City Treasury. 4.

The CF O is authorized and directed to appropriate and expend from the Tourism Marketing District F und No. 200705 for impl ementation of the F Y 2027 R eport of Activities in amounts not to exceed $301 ,583 of carryover funds from prior years, incl uding recovery of actual City administration costs if fund bal ance is avail abl e. Such appropriation and expenditure is contingent upon the CF O certifying that the funds necessary for expenditure are, or wil l be, on deposit in the City Treasury. 5.

The CF O is authorized and directed to appropriate and expend from the Tourism Marketing District F unds 200726,200704, and 200705, for the F iscal Year 2027 R eport of Activities expenses that are processed in F Y 2027 in amounts not to exceed fund bal ances l ess amounts authorized for the F Y 2027 R eport of Activities. Such appropriation and expenditure is contingent upon the CF O certifying that the funds necessary for expenditure are, or wil l be, on deposit in the City Treasury. APPR OVED: HEATHER F ER BER T, City Attorney ©r ìua B y iÁU Marg ite El l a Middaugh Deputy City Attorney MEM:jdf 05/29/2026 Or.

Dept: Econ. Devel . Doc.No.: 4446654 -PAGE 3 OF 4-

(R -2026-508) I certify that the Council of the City of San Diego adopted this R esol ution at a meeting hel d on JU N 1 62026 DIANA J.S. FUENTES City Cl erk ByU (D èputyy C l e/ Approved: (dat) T O D D G LðfÚA, M ayor Vetoed: (date) TODD GLOR IA, Mayor -PAGE 4 OF 4-

JU N 1 62026 Passed bythe C ouncil of The City of San Diego on, by the fol l owing vote: Council membersYeas Nays Not PresentR ecused joe L aC ava Jennifer C ampbel l1 3 0 S tephen W hitburn1 3 E l H enry L . F oster 1 1 1E l M arni von-W il pert1 3 0 K ent L ee 0 El R aul A.

Campil l o V ivian M oreno1 3Š S ean E l o-R ivera1 3 Date offinal passageJU N 1 8 2026 (Pl ease note: When a resol ution is approved by the Mayor, the date of final passage is the date the approved resol ution was returned to the Office of the City Cl erk.) AUTHENTICATED BY: TODD GLOR IA Mayor of The City of San Diego, Cal ifornia. (Seal ) DIANA J.S. FUENTES City Cl erk of The City of San Diego, Cal ifornia. By , Deputy Office of the City Cl erk, San Diego, Cal ifornia R esol ution Number R - 316836

Document details

Collection	California Municipal Codes
Citation	San Diego Res. R-316836
Type	ordinance
Language	en
Format	pdf
Source	CA_MUNI
Identifier	0f6ddc7a60e9fafe8950c38161181131d660f24d

Source file is stored in the law ingest library (pdf).