Item - 2021.RZ10.1
Tracking Status
- This item was considered by TO Live - Audit Committee on April 27, 2021 and was adopted without amendment.
RZ10.1 - 2020 Audited Financial Results
- 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
Committee Decision
The TO Live - Audit Committee recommends that the Board of Directors of TO Live:
1. Approve 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. Authorize 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.
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 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/rz/bgrd/backgroundfile-165837.pdf
Attachment 1 - 2020 KPMG LLP Audit Findings Report
https://www.toronto.ca/legdocs/mmis/2021/rz/bgrd/backgroundfile-165838.pdf
Confidential Attachment 1 - TO Live 2020 KPMG LLP Audited Financial Statements