Item - 2019.CT4.5

Tracking Status

This item was considered by Board of Directors of TO Live on June 13, 2019. The Board of Directors of TO Live postponed consideration of this item. Consult the text of the decision for further information on the deferral.
See also CT5.3

CT4.5 - Hospitality Organization to Occupy Space within the Sony Centre

Decision Type:: ACTION

Status:: Deferred

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 deferred consideration of the item until the next meeting of the Board of Directors of TO Live.

Origin

(May 27, 2019) Report from the President and Chief Executive Officer, TO Live

Summary

This report provides additional background and decision histories related to item 3.1a "Chief Executive Officer's General Status Update - Supplementary Report on Hospitality Organization to Occupy Space within the Sony Centre" considered at the May 9, 2019 Board meeting of the TO Live Board of Directors. The Audit Committee of the TO Live Board will consider this item at its June 10, 2019 meeting.

Background Information

(May 27, 2019) Report from the President and Chief Executive Officer, TO Live on Hospitality Organization to Occupy Space within the Sony Centre
https://www.toronto.ca/legdocs/mmis/2019/ct/bgrd/backgroundfile-133840.pdf
Attachment 1 - Civic Theatres Toronto Request for Proposal 2018-017
https://www.toronto.ca/legdocs/mmis/2019/ct/bgrd/backgroundfile-133841.pdf
Attachment 2 - TO Live Request for Proposal 2019-001
https://www.toronto.ca/legdocs/mmis/2019/ct/bgrd/backgroundfile-133842.pdf
Confidential Attachment 1 - Request for Proposal 2018-017 Winning Proponent (with Scorecard)
Confidential Attachment 2 - Fifteen Group Proposal Review
Confidential Attachment 3 - Set-Up Budget
Confidential Attachment 4 - Operating Budget
Confidential Attachment 5 - Miller Thomson Legal Opinion

Motions

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

That consideration of the item be deferred until the next meeting of the Board of Directors of TO Live.