Item - 2021.CT24.11

Tracking Status

CT24.11 - Capital Spending Update

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.  Directed that Confidential Attachment 1 to the report (April 23, 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 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.

Origin

(April 27, 2021) Letter from the TO Live - Audit Committee

Summary

The purpose of this report is to update the Board on capital spending activity.

Background Information

(April 27, 2021) Decision Letter from the TO Live - Audit Committee on Capital Spending Update
https://www.toronto.ca/legdocs/mmis/2021/ct/bgrd/backgroundfile-166551.pdf
Report from the President and Chief Executive Officer on Capital Spending Update
https://www.toronto.ca/legdocs/mmis/2021/ct/bgrd/backgroundfile-166552.pdf
Confidential Attachment 1 - Capital Projects Summary

Motions

1 - Motion to Add New Business at Committee moved by Paul Bernards (Carried)

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