Item - 2023.CT1.8
Tracking Status
- This item was considered by TO Live on December 5, 2022 and was adopted without amendment.
CT1.8 - New 10-Year Capital Plan and Budget
- Decision Type:
- ACTION
- Status:
- Adopted
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 TO Live's new 10-year capital plan and budget, as detailed in Confidential Attachment 1 to the report (November 3, 2022) from the President and Chief Executive Officer, TO Live.
2. Upon final approval by City Council of TO Live's 10-year capital plan and budget, approved all 2023 projects, including those with multiyear components listed in Confidential Attachment 1 to the report (November 3, 2022) from the President and Chief Executive Officer, TO Live, and all related purchase orders and/or tender awards over $100,000 up to each individual project budget or adjusted budget, not to exceed the available State of Good Repair (SOGR) Council approved funding.
3. Directed that Confidential Attachment 1 to the report (November 3, 2022) from the President and Chief Executive Officer, TO Live remain confidential in its entirety because 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 seek Board project and spending approval for a new 10-year capital plan and budget.
Background Information
https://www.toronto.ca/legdocs/mmis/2023/ct/bgrd/backgroundfile-230070.pdf
Confidential Attachment 1 - TO Live's 2023-2032 Capital Budget and Plan
Motions
8a - New 10-Year Capital Plan and Budget
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.
Origin
Summary
At its meeting on November 25, 2022, the TO Live – Finance and Audit Committee considered item RZ1.3 and made recommendations to the Board of Directors of TO Live.
Summary from the report (November 3, 2022) from the President and Chief Executive Officer, TO Live:
The purpose of this report is to seek Board project and spending approval for a new 10-year capital plan and budget.
Background Information
https://www.toronto.ca/legdocs/mmis/2023/ct/bgrd/backgroundfile-230162.pdf