Item - 2021.CT22.4

Tracking Status

CT22.4 - 2020 Fourth Quarter Financial Results and Commentary

Decision Type:
ACTION
Status:
Adopted
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 fourth quarter financial operating results, as noted in Confidential

Attachment 1 to the report (February 8, 2021) from the President and Chief Executive Officer,

TO Live.

 

2.  Directed that Confidential Attachment 1 to the report (February 8, 2021) from the President

and Chief Executive Officer, TO Live remain confidential in its entirety because 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.

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

(February 23, 2021) Letter from the TO Live Audit Committee

Summary

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

Background Information

(February 23, 2021) Letter from the TO Live Audit Committee on 2020 Fourth Quarter Financial Results and Commentary
https://www.toronto.ca/legdocs/mmis/2021/ct/bgrd/backgroundfile-164488.pdf
(February 8, 2021) Report from the President and Chief Executive Officer, TO Live on 2020 Fourth Quarter Financial Results and Commentary
https://www.toronto.ca/legdocs/mmis/2021/ct/bgrd/backgroundfile-164493.pdf
Confidential Attachment 1 - 2020 Fourth Quarter Operating Results Commentary

Motions

Motion to Adopt Item moved by Paul Bernards (Carried)
Source: Toronto City Clerk at www.toronto.ca/council