Item - 2021.CT24.5
Tracking Status
- This item was considered by Board of Directors of TO Live on May 3, 2021 and was adopted without amendment.
CT24.5 - 2020 Audited Financial Results Report
- Decision Type:
- ACTION
- Status:
- Adopted
- Wards:
- All
Confidential Attachment - 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.
Board Decision
The Board of Directors of TO Live:
1. Approved the 2020 Audited Financial Results as noted in Confidential Attachment 1 and Attachment 1 to the report (April 13, 2021) from the President and Chief Executive Officer, TO Live.
2. Authorized the public release of Confidential Attachment 1 to the report (April 13, 2021) from the President and Chief Executive Officer, TO Live, once adopted by the Board and finalized and signed by KPMG LLP.
Confidential Attachment 1 to the report (April 13, 2021) from the President and Chief Executive Officer, TO Live is now public and can be accessed under Background Information.
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
Summary
The purpose of this report is to present to the Board the 2020 audited financial results for The Board of Directors of TO Live.
Background Information
https://www.toronto.ca/legdocs/mmis/2021/ct/bgrd/backgroundfile-166022.pdf
Attachment 1 - 2020 KPMG LLP Audit Findings Report
https://www.toronto.ca/legdocs/mmis/2021/ct/bgrd/backgroundfile-166023.pdf
Confidential Attachment 1 - TO Live 2020 KPMG LLP Audited Financial Statements - made public on May 3, 2021
https://www.toronto.ca/legdocs/mmis/2021/ct/bgrd/backgroundfile-166024.pdf
Motions
5a - 2020 Audited Financial Results
Origin
Summary
The purpose of this report is to present to the Board the 2020 audited financial results for The Board of Directors of TO Live.
Background Information
https://www.toronto.ca/legdocs/mmis/2021/ct/bgrd/backgroundfile-166297.pdf