Item - 2020.CT18.7

Tracking Status

CT18.7 - 2020 Third Quarter Financial Results and Commentary

Decision Type:
ACTION
Status:
Amended
Wards:
All

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.

Board Decision

The Board of Directors of TO Live:  

 

1.  Approved the 2020 third quarter financial operating results, as noted in Confidential Attachment 1 to the report (October 26, 2020) from the President and Chief Executive Officer, TO Live.

 

2.  Directed that Confidential Attachment 1 and Confidential Attachment 2 to the report (October 26, 2020) from the President and Chief Executive Officer, TO Live remain confidential in its entirety because 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.

Decision Advice and Other Information

The Board of Directors of TO Live recessed its public session 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.

Origin

(October 26, 2020) Report from the President and Chief Executive Officer, TO Live

Summary

The purpose of this report is to present the 2020 third quarter financial results to the Board.

Background Information

(October 26, 2020) Report from the President and Chief Executive Officer, TO Live on 2020 Third Quarter Financial Results and Commentary
https://www.toronto.ca/legdocs/mmis/2020/ct/bgrd/backgroundfile-157986.pdf
Confidential Attachment 1 - 2020 Third Quarter Operating Results Commentary
Confidential Attachment 2 - Update to Third Quarter Results

Motions

1 - Motion to Amend Item moved by Robert J. Foster (Carried)

That Recommendation 2 be amended to read as follows:

 

2.  Direct that Confidential Attachment 1 and Confidential Attachment 2 remain confidential in its entirety because 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 Adopt Item as Amended moved by Robert J. Foster (Carried)

7a - 2020 Third Quarter Financial Results and Commentary

Origin
(November 9, 2020) Letter from Letter from the TO Live Audit Committee
Summary

The purpose of this report is to present the 2020 third quarter financial results to the Board.

Background Information
(November 9, 2020) Letter from the Letter from the TO Live Audit Committee on 2020 Third Quarter Financial Results and Commentary
https://www.toronto.ca/legdocs/mmis/2020/ct/bgrd/backgroundfile-158363.pdf
Source: Toronto City Clerk at www.toronto.ca/council