Item - 2020.EP11.1

The Board of Governors of Exhibition Place:

1.  Concurred with the action taken by the Chair of the Board and the Chief Executive Officer in approving the three license agreements with the Association Client for Beanfield Centre and Enercare Centre, as set out in the Confidential Attachment 1 to the report (June 10, 2020) from the Chief Executive Officer, Exhibition Place, for a 3-year term commencing in each of 2023, 2024, and 2025 on the terms and conditions of the License Agreement and such other terms and conditions satisfactory to the Chief Executive Officer and City Solicitor.

2.  Directed that Confidential Attachment 1 to the report (June 10, 2020) from the Chief Executive Officer, Exhibition Place remain confidential as it relates to the security of the property of the Board.

This report recommends a multi-year agreement between an Association Client and Exhibition Place within Beanfield Centre and Enercare Centre.

Due to COVID-19 and the cancellation of some Board meetings, in order to meet timelines for contract documentation and operational needs, the Chair of the Board in consultation with the CEO of Exhibition Place, approved this License Agreement pursuant to the authority under the Financial By-law 2-18, Article X and seek concurrence of the Board.