Item - 2020.CT11.7

Tracking Status

CT11.7 - 2019 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 2019 Audited Financial Results in Confidential Attachment 1 to the report (June 9, 2020) from the President and Chief Executive Officer, TO Live and 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

(June 9, 2020) Report from the President and Chief Executive Officer, TO Live

Summary

The purpose of this report is to present to the Board the 2019 audited financial results for The Board of Directors of TO Live.

Background Information

(June 9, 2020) Report from the President and Chief Executive Officer, TO Live on 2019 Audited Financial Results Report
https://www.toronto.ca/legdocs/mmis/2020/ct/bgrd/backgroundfile-147929.pdf
Confidential Attachment 1 - PricewaterhouseCoopers LLP Audit Results Report-2019 - made public on June 26, 2020
https://www.toronto.ca/legdocs/mmis/2020/ct/bgrd/backgroundfile-147933.pdf
Attachment 1 - PricewaterhouseCoopers LLP TO Live Audit results for the year ended 2019
https://www.toronto.ca/legdocs/mmis/2020/ct/bgrd/backgroundfile-147934.pdf

Motions

Motion to Adopt Item moved by Robert J. Foster (Carried)

7a - 2019 Audited Financial Results Report

Origin
(June 23, 2020) Letter from the Audit Committee, TO Live
Summary

The purpose of this report is to present to the Board the 2019 audited financial results for The Board of Directors of TO Live.

Background Information
(June 23, 2020) Letter from the TO Live - Audit Committee on 2019 Audited Financial Results
https://www.toronto.ca/legdocs/mmis/2020/ct/bgrd/backgroundfile-148165.pdf
(June 9, 2020) Report from the President and Chief Executive Officer, TO Live on 2019 Audited Financial Results Report
https://www.toronto.ca/legdocs/mmis/2020/ct/bgrd/backgroundfile-147991.pdf
Confidential Attachment 1 - PricewaterhouseCoopers LLP Audit Results Report-2019
Attachment 1 - PricewaterhouseCoopers LLP TO Live Audit results for the year ended 2019
https://www.toronto.ca/legdocs/mmis/2020/ct/bgrd/backgroundfile-147998.pdf
Source: Toronto City Clerk at www.toronto.ca/council