Item - 2019.CT7.8

Tracking Status

CT7.8 - 2019 Third Quarter Financial Results and Commentary

Decision Type:
ACTION
Status:
Adopted

Confidential Attachment - Contains 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 President and Chief Executive Officer, TO Live recommends that the Board of Directors of TO Live:  

 

1.  Approved the 2019 third quarter financial operating results in Confidential Attachment 1, 2 and 3 to the report (November 1, 2019) from the President and Chief Executive Officer, TO Live.

 

2.  Directed that Confidential Attachment 1, 2 and 3 to the report (November 1, 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 contains 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

(November 1, 2019) Report from the President and Chief Executive Officer, TO Live

Summary

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

Background Information

(November 1, 2019) Report from the President and Chief Executive Officer, TO Live on 2019 Third Quarter Financial Results and Commentary
https://www.toronto.ca/legdocs/mmis/2019/ct/bgrd/backgroundfile-139743.pdf
Confidential Attachment 1 - 2019 Third 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)

8a - 2019 Third Quarter Financial Results and Commentary

Origin
(November 15, 2019) Letter from the TO Live Audit Committee
Summary

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

Background Information
(November 15, 2019) Letter from the TO Live Audit Committee on 2019 Third Quarter Financial Results and Commentary
https://www.toronto.ca/legdocs/mmis/2019/ct/bgrd/backgroundfile-140124.pdf
Source: Toronto City Clerk at www.toronto.ca/council