Item - 2019.CT6.10

Tracking Status

CT6.10 - 2019 Second Quarter Financial Results and Commentary

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 2019 second quarter financial operating results noted in Confidential Attachments 1, 2 and 3 to the report (September 9, 2019) from the President and Chief Executive Officer, TO Live on 2019 Second Quarter Financial Results and Commentary 

 

2.  Directed that Confidential Attachments 1, 2 and 3 to the report (September 9, 2019) from the President and Chief Executive Officer, TO Live remain confidential in their 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

(September 9, 2019) Report from the President and Chief Executive Officer, TO Live

Summary

The purpose of this report is to present the 2019 second quarter financial results to the Board.

Background Information

(September 9, 2019) Report from the President and Chief Executive Officer, TO Live on 2019 Second Quarter Financial Results and Commentary
https://www.toronto.ca/legdocs/mmis/2019/ct/bgrd/backgroundfile-137612.pdf
Confidential Attachment 1 - 2019 Second Quarter Financial Results Commentary
Confidential Attachment 2 - Statement of Contribution Margins
Confidential Attachment 3 - Development Forecast Detail

Motions

Motion to Adopt Item moved by Robert J. Foster (Carried)

10a - 2019 Second Quarter Financial Results and Commentary

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
Origin
(September 24, 2019) Letter from the Audit Committee, TO Live
Summary

The purpose of this report is to present the 2019 second quarter financial results to the Board.

Background Information
(September 24, 2019) Letter from the Audit Committee, TO Live on 2019 Second Quarter Financial Results and Commentary
https://www.toronto.ca/legdocs/mmis/2019/ct/bgrd/backgroundfile-138265.pdf
Source: Toronto City Clerk at www.toronto.ca/council