Item - 2022.CT34.3
Tracking Status
- This item was considered by Board of Directors of TO Live on June 27, 2022 and was adopted with amendments.
CT34.3 - Capital Spending Update
- Decision Type:
- ACTION
- Status:
- Amended
- 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 significantly prejudice 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. Confirmed the instructions to staff issued in closed session.
2. Directed that Confidential Attachments 1 and 2 to the report (May 31, 2022) from the President and Chief Executive Officer, TO Live remain confidential in their entirety because they contain financial information supplied in confidence to the Board of Directors of TO Live which, if disclosed, could reasonably be expected to significantly prejudice 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 meeting 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 significantly prejudice 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 update the Board on capital spending activity.
Background Information
https://www.toronto.ca/legdocs/mmis/2022/ct/bgrd/backgroundfile-227178.pdf
Confidential Attachment 1 - Reallocation Summary
Confidential Attachment 2 - Capital Projects Summary
Motions
That the Board of Directors of TO Live:
1. Confirm the instructions to staff issued in closed session.
3a - Capital Spending Update
Origin
Summary
At its meeting on June 15, 2022, the TO Live - Audit Committee considered item RZ17.2 and made recommendations to the Board of Directors of TO Live.
Summary from the report (May 31, 2022) from the President and Chief Executive Officer, TO Live:
The purpose of this report is to update the Board on capital spending activity.
Background Information
https://www.toronto.ca/legdocs/mmis/2022/ct/bgrd/backgroundfile-227434.pdf