Item - 2019.EP2.3

Tracking Status

EP2.3 - 2018 Capital Works Program - Year End Report

Decision Type:
ACTION
Status:
Adopted
Wards:
All

Board Decision

The Board of Governors of Exhibition Place:

 

1.  Received the report (March 15, 2019) from the Chief Executive Officer, Exhibition Place for information.

Origin

(March 15, 2019) Report from the Chief Executive Officer, Exhibition Place

Summary

This year-end report provides an update to the Board on the final progress of the 2018 Capital Works Program.  The 2018 Capital Works Program budget consists of two parts totalling $5,872,406:

 

1.  The “state-of-good-repair” (SOGR) 2018 program for Exhibition Place with a budget of $4,465,000 (items 1 to 17 - Appendix 'A'); and

 

2.  The 2017 total cash flow carry forward of $1,407,406 (items 18 to 24 - Appendix 'A').

 

A cash flow carry forward is defined in this report as the combination of unspent committed costs through signed contracts and agreements, and any surplus from the above program projects.

Background Information

(March 15, 2019) Report from the Chief Executive Officer, Exhibition Place on 2018 Capital Works Program - Year End Report
https://www.toronto.ca/legdocs/mmis/2019/ep/bgrd/backgroundfile-131282.pdf
Appendix A - 2018 Capital Works Program Year End
https://www.toronto.ca/legdocs/mmis/2019/ep/bgrd/backgroundfile-131283.pdf

Motions

Motion to Adopt Item moved by Paula Oliveira (Carried)
Source: Toronto City Clerk at www.toronto.ca/council