Item - 2020.CT11.6
Tracking Status
- This item was considered by Board of Directors of TO Live on June 23, 2020 and was adopted without amendment.
CT11.6 - 2018 Audited Financial Results
- Decision Type:
- ACTION
- Status:
- Adopted
Confidential Attachment - Contains financial information supplied in confidence to the Board of Directors to 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 2018 Audited Financial Results in Confidential Attachment 1 to the report (June 9, 2020) from the President and Chief Executive Officer, TO Live.
2. Authorized the public release of Confidential Attachment 1 to the report (June 9, 2020) from the President and Chief Executive Officer, TO Live, once adopted by the Board and finalized and signed by PricewaterhouseCoopers LLP.
Confidential Attachment 1 to the report (June 9, 2020) from the President and Chief Executive Officer, TO Live is now public and can be accessed under Background Information.
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
Summary
The purpose of this report is to present the updated 2018 audited financial results for The Board of Directors of the Hummingbird Centre for the Performing Arts (operating as TO Live).
Background Information
https://www.toronto.ca/legdocs/mmis/2020/ct/bgrd/backgroundfile-147843.pdf
Confidential Attachment 1 - PricewaterhouseCoopers LLP Audit Results Report-2018 - made public on June 26, 2020
https://www.toronto.ca/legdocs/mmis/2020/ct/bgrd/backgroundfile-147948.pdf
(January 8, 2020) Report from the President and Chief Executive Officer, TO Live on 2018 Audited Financial Statements - Notice of Pending Report
https://www.toronto.ca/legdocs/mmis/2020/ct/bgrd/backgroundfile-147298.pdf
Motions
6a - 2018 Audited Financial Results Report
Origin
Summary
The purpose of this report is to present the updated 2018 audited financial results for The Board of Directors of the Hummingbird Centre for the Performing Arts (operating as TO Live).
Background Information
https://www.toronto.ca/legdocs/mmis/2020/ct/bgrd/backgroundfile-148164.pdf
(June 9, 2020) Report from the President and Chief Executive Officer, TO Live on 2018 Audited Financial Results Report
https://www.toronto.ca/legdocs/mmis/2020/ct/bgrd/backgroundfile-147928.pdf
Confidential Attachment 1 - The Board of Directors of the Hummingbird Centre for the Performing Arts 2018 Audited Financial Statements