Item - 2020.RZ6.2
Tracking Status
- This item was considered by TO Live - Audit Committee on June 23, 2020 and was adopted without amendment.
RZ6.2 - 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
Committee Decision
The TO Live - Audit Committee recommends that the Board of Directors of TO Live:
1. Approve the 2018 Audited Financial Results as noted in Confidential Attachment 1 to the report (June 9, 2020) from the President and Chief Executive Officer, TO Live.
2. Direct that Confidential Attachment 1 to the report (June 9, 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 of interfere significantly with the contractual or other negotiations of a person, group of persons or organization.
Decision Advice and Other Information
The TO Live - Audit Committee recessed its public meeting to meet in closed session to consider the item as it contains financial information supplied in confidence to the TO Live - Audit Committee, 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/rz/bgrd/backgroundfile-147888.pdf
Confidential Attachment 1 - The Board of Directors of the Hummingbird Centre for the Performing Arts 2018 Audited Financial Statements - This item was made public by the Board of Directors of TO Live - refer to item CT11.6