Item - 2019.ZB3.2

Tracking Status

This item was considered by Board of Management of the Toronto Zoo on April 11, 2019 and was adopted without amendment.

ZB3.2 - Lumina Project - Funds Transfer

Decision Type:: ACTION

Status:: Adopted

Wards:: All

Board Decision

The Board of Management of the Toronto Zoo:

1. Approved the transfer of $5.0 million of undesignated funds held for the Toronto Zoo from the Toronto Foundation, to the Board of Management of the Toronto Zoo, for purposes of funding the Lumina Project.

Origin

(April 4, 2019) Report from the Director, Finance and Computer Services, Toronto Zoo

Summary

This report requests approval from the Board of Management for the transfer of funds from the Toronto Foundation for purposes of funding the Lumina Project.

Background Information

(April 4, 2019) Report from the Director, Finance and Computer Services, Toronto Zoo on Lumina Project - Funds Transfer
https://www.toronto.ca/legdocs/mmis/2019/zb/bgrd/backgroundfile-131551.pdf

Motions

Motion to Adopt Item moved by Claudia Brabazon (Carried)