Item - 2019.CT1.9

Tracking Status

This item was considered by Board of Directors of TO Live on January 18, 2019. The Board of Directors of TO Live has referred this item to an official or other body without making a decision. Consult the text of the decision for further information on the referral.

CT1.9 - Finance Policies

Decision Type:: ACTION

Status:: Referred

Wards:: All

Board Decision

The Board of Directors of Civic Theatres Toronto:

1. Referred the item to the President and Chief Executive Director, Civic Theatres Toronto for a further report on Finance Policies.

Origin

(September 17, 2018) Letter from the Finance, Audit and Risk Management Committee

Summary

The purpose of this report is to present an updated purchase order policy and a new procurement policy to the Board.

Background Information

(September 17, 2018) Letter from the Finance, Audit and Risk Management Committee on Finance Policies
https://www.toronto.ca/legdocs/mmis/2019/ct/bgrd/backgroundfile-123219.pdf
(August 31, 2018) Report from the Vice President of Finance and Administration, Civic Theatres Toronto on Finance Policies
https://www.toronto.ca/legdocs/mmis/2019/ct/bgrd/backgroundfile-123430.pdf
Attachment 1 - Procurement Policy 313
https://www.toronto.ca/legdocs/mmis/2019/ct/bgrd/backgroundfile-123431.pdf
Attachment 2 - Purchase Order Policy 303
https://www.toronto.ca/legdocs/mmis/2019/ct/bgrd/backgroundfile-123432.pdf

Motions

1 - Motion to Refer Item moved by Robert J. Foster (Carried)

That the Board of Directors of Civic Theatres Toronto refer Item CT1.9 to the President and Chief Executive Director, Civic Theatres Toronto for a further report on Finance Policies.