Item - 2023.CT3.11

Tracking Status

  • This item was considered by TO Live on April 19, 2023 and was adopted without amendment.

CT3.11 - St. Lawrence Centre Redevelopment Update

Decision Type:
ACTION
Status:
Adopted

Board Decision

The Board of Directors of TO Live:

 

1.  Received the report (April 14, 2023) from the President and Chief Executive Officer, TO Live for information.

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 prejudice significantly the competitive position or interfere significantly with the contractual or other negotiations of a person, group of persons, or organization.

Origin

(April 14, 2023) Report from the President and Chief Executive Officer, TO Live

Summary

The purpose of this report is to provide the Board of Directors of TO Live with a verbal update on the St. Lawrence Centre redevelopment project.  Part of the update will be in closed session as it relates 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 significantly interfere with the contractual or other negotiations of a person, group of persons or organization.

Background Information

(April 14, 2023) Report from the President and Chief Executive Officer, TO Live on St. Lawrence Centre Redevelopment Update
https://www.toronto.ca/legdocs/mmis/2023/ct/bgrd/backgroundfile-235940.pdf

Motions

1 - Motion to Add New Business at Committee moved by Lori DeGraw (Carried)

2 - Motion to Meet in Closed Session moved by Lori DeGraw (Carried)

1:27 p.m. - That the Board of Directors of TO Live recess 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 prejudice significantly the competitive position or interfere significantly with the contractual or other negotiations of a person, group of persons, or organization.


3 - Motion to Adopt Item moved by Gave Lindo (Carried)
Source: Toronto City Clerk at www.toronto.ca/council