Item - 2019.CT1.18

Tracking Status

CT1.18 - 2018 Third Quarter Financial Results and Commentary

Decision Type:
ACTION
Status:
Adopted
Wards:
All

Confidential Attachment - Financial information supplied in confidence to the Board of Directors of Civic Theatres Toronto, which, if disclosed, could reasonably be expected to prejudice significantly the competitive position or interfere significantly with the contractual or other negotiations of a person, group of persons, or organization

Board Decision

The Board of Directors of Civic Theatres Toronto:

 

1.  Received the 2018 third quarter financial operating results noted in Confidential Attachment 1 to the report (November 9, 2018) from the Vice President of Finance and Administration, Civic Theatres Toronto for information.

 

2.  Directed that Confidential Attachment 1 to the report (November 9, 2018) from the Vice President of Finance and Administration, Civic Theatres Toronto remain confidential in its entirety because if disclosed, could reasonably be expected to prejudice significantly the competitive position or interfere significantly with the contractual or other negotiations of a person, group of persons, or organization.

Decision Advice and Other Information

The Board of Directors of Civic Theatres Toronto recessed its public meeting to meet in closed session to consider the item as it pertains to financial information supplied in confidence to the Board of Directors of Civic Theatres Toronto, which, if disclosed, could reasonably be expected to prejudice significantly the competitive position or interfere significantly with the contractual or other negotiations of a person, group of persons, or organization.

Origin

(November 29, 2018) Letter from the Finance, Audit and Risk Management Committee

Summary

The purpose of this report is to present the 2018 Third Quarter financial results to the Board.

Background Information

(November 29, 2018) Letter from the Finance, Audit and Risk Management Committee on 2018 Third Quarter Financial Results and Commentary
https://www.toronto.ca/legdocs/mmis/2019/ct/bgrd/backgroundfile-123506.pdf
(November 9, 2018) Report from the Vice President of Finance and Administration on 2018 Third Quarter Financial Results and Commentary
https://www.toronto.ca/legdocs/mmis/2019/ct/bgrd/backgroundfile-123507.pdf
Confidential Attachment 1 with Appendices 1 to 11 - 2018 Third Quarter Financial Results Commentary

Motions

1 - Motion to Adopt Item moved by Paul Bernards (Carried)
Source: Toronto City Clerk at www.toronto.ca/council