Item - 2019.RZ3.1

Tracking Status

  • This item was withdrawn from the agenda of the TO Live - Audit Committee meeting on September 24, 2019. No further action will be taken on this item.

RZ3.1 - Chief Executive Officer's General Status Update - Supplementary Report on Hospitality Organization to Occupy Space within the Sony Centre

Decision Type:
ACTION
Status:
Withdrawn

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

Committee Decision

The Audit Committee - TO Live withdrew Item RZ3.1 from the agenda.

Origin

(May 9, 2019) Letter from the Board of Directors of TO Live

Summary

At its meeting on May 9, 2019, the Board of Directors of TO Live referred item CT3.1 to the Audit Committee with the request that the Audit Committee review the proposal for a hospitality organization to occupy space within the Sony Centre in CT3.1a and make recommendations to the June 13, 2019 Board meeting.

 

As part of the Chief Executive Officer's general status update, TO Live has issued an Request for Proposal for a hospitality organization to occupy space within the Sony Centre for the purposes of operating a restaurant/barroom.

Background Information

(May 9, 2019) Letter from the Board of Directors of TO Live on President and Chief Executive Officer General Status Update
https://www.toronto.ca/legdocs/mmis/2019/rz/bgrd/backgroundfile-137525.pdf
(May 6, 2019) Report from the President and Chief Executive Officer, TO Live on Chief Executive Officer's General Status Update - Supplementary Report on Hospitality Organization to Occupy Space within the Sony Centre
https://www.toronto.ca/legdocs/mmis/2019/rz/bgrd/backgroundfile-137526.pdf
Attachment 1 - Civic Theatres Toronto Request for Proposal 2018-017
https://www.toronto.ca/legdocs/mmis/2019/rz/bgrd/backgroundfile-137527.pdf
Attachment 2 - TO Live Request for Proposal 2019-001
https://www.toronto.ca/legdocs/mmis/2019/rz/bgrd/backgroundfile-137528.pdf
Confidential Attachments 1-6 - Previously Circulated With Item RZ2.1, on File with the City Clerk

Motions

Motion to Withdraw an Item moved by Paul Bernards (Carried)

That the Item be withdrawn from the agenda.

1a - Hospitality Organization to Occupy Space within the Sony Centre

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
(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 be 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/rz/bgrd/backgroundfile-137509.pdf
Attachment 1 - Civic Theatres Toronto Request for Proposal 2018-017
https://www.toronto.ca/legdocs/mmis/2019/rz/bgrd/backgroundfile-137510.pdf
Attachment 2 - TO Live Request for Proposal 2019-001
https://www.toronto.ca/legdocs/mmis/2019/rz/bgrd/backgroundfile-137511.pdf
Confidential Attachments 1-5 - Previously Circulated With Item RZ2.1a, on File with the City Clerk
Source: Toronto City Clerk at www.toronto.ca/council