Item - 2019.CT2.4
Tracking Status
- This item was considered by Board of Directors of TO Live on March 1, 2019 and was adopted without amendment.
CT2.4 - 2019 Capital Projects and Major Purchases
- Decision Type:
- ACTION
- Status:
- Adopted
Confidential Attachment - Financial information supplied in confidence to the Board of Directors of TO Live, 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 TO Live:
1. Approved the State of Good Repair capital projects listed as New 2019 State of Good Repair Funded Projects and all related purchase orders and/or tender awards up to each individual project budget, as outlined in Confidential Attachment 1 to the report (February 20, 2019) from the Vice President of Finance and Administration, TO Live pending approval of the 2019 TO Live capital budget at the March 7, 2019 City Council meeting.
2. Approved the Facility Fee Reserve Fund projects and purchases listed as Facility Fee Reserve Fund Funded Projects and all related purchase orders and/or tender awards up to each individual budget or adjusted budget (if necessary), not to exceed the available Facility Fee Reserve Fund funding, as outlined in Confidential Attachments 1 and 2 to the report (February 20, 2019) from the Vice President of Finance and Administration, TO Live pending approval of the 2019 TO Live Operating budget at the March 7, 2019 City Council meeting.
3. Directed that Confidential Attachments 1 and 2 to the report (February 20, 2019) from the Vice President of Finance and Administration, TO Live 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 TO Live 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 TO Live, 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
Summary
The purpose of this report is to seek Board approval for 2019 capital projects and major purchases.
Background Information
https://www.toronto.ca/legdocs/mmis/2019/ct/bgrd/backgroundfile-129985.pdf
Confidential Attachment 1 - 2019 State of Good Repair Summary
Confidential Attachment 2 - 2019 Facility Fee Reserve Fund Cash Flow
Motions
4a - 2019 Capital Projects and Major Purchases
Origin
Summary
The purpose of this report is to seek Board approval for 2019 capital projects and major purchases.
Background Information
https://www.toronto.ca/legdocs/mmis/2019/ct/bgrd/backgroundfile-130310.pdf