Item - 2023.CT5.3

Tracking Status

  • This item was considered by TO Live on June 28, 2023 and was adopted without amendment.

CT5.3 - TO Live Policy #304 Facility Fee Surcharge - Update

Decision Type:
ACTION
Status:
Adopted

Board Decision

The Board of Directors of TO Live:

 

1. Approved the updated Policy #304 Facility Fee Surcharge, as per the changes set out in Attachment 1 to the report (June 5, 2023) from the President and Chief Executive Officer, TO Live.

 

2. Approved the allocation of $1.00 per ticket from the Facility Fee Surcharge to operations effective immediately on all new contracts for the remaining of fiscal 2023.

Origin

(June 5, 2023) Report from the President and Chief Executive Officer, TO Live

Summary

The purpose of this report is to seek Board approval for the updated TO Live Policy #304 - Facility Fee Surcharge (FFS) with two changes; an increase to the FFS, and a change in the allocation of FFS funds.

Background Information

(June 5, 2023) Report from the President and Chief Executive Officer, TO Live on TO Live Policy #304 Facility Fee Surcharge - Update
https://www.toronto.ca/legdocs/mmis/2023/ct/bgrd/backgroundfile-237496.pdf
Attachment 1 - Policy 304 - Facility Fee Surcharge
https://www.toronto.ca/legdocs/mmis/2023/ct/bgrd/backgroundfile-237497.pdf
Attachment 2 - Policy 321 - Facility Fee Reserve Fund
https://www.toronto.ca/legdocs/mmis/2023/ct/bgrd/backgroundfile-237498.pdf

Motions

Motion to Adopt Item moved by Myriam Gafarou (Carried)
Source: Toronto City Clerk at www.toronto.ca/council