Item - 2020.CT13.2

Tracking Status

  • This item was considered by the Board of Directors of TO Live on August 5, 2020. The Committee received the item for information only. No further action will be taken on this item.

CT13.2 - Update on the Financial Impacts of COVID-19

Decision Type:
ACTION
Status:
Received

Board Decision

The Board of Directors of TO Live received the Item for 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 pertains to 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.

Summary

The President and Chief Executive Officer, TO Live, will provide an update on unexpected financial impacts on TO Live, as a result of COVID-19.

Motions

1 - Motion to Meet in Closed Session moved by Robert J. Foster (Carried)

2:20 p.m. - That the Board of Directors of TO Live recess its public session to meet in closed session to consider the following Item:

 

- CT13.2 - Update on the Financial Impacts of COVID-19

 

as it pertains to 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.


2 - Motion to Receive Item moved by Councillor John Filion (Carried)

That the item be received for information.

Source: Toronto City Clerk at www.toronto.ca/council