Item - 2023.CT7.12
Tracking Status
- This item was considered by TO Live on December 12, 2023 and was adopted without amendment.
CT7.12 - New 10-Year Capital Plan and Budget
- Decision Type:
- ACTION
- Status:
- Adopted
Confidential Attachment - contains 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.
2. Upon final approval by City Council of TO Live's 10-year capital plan and budget, approve all 2024 projects, including those with multiyear components listed in Confidential Attachment 1, and all related purchase orders and/or tender awards over $100,000 up to each individual project budget, adjusted budget or new project budget, not to exceed the available State of Good Repair Council approved funding.
3. Directed that Confidential Attachment 1 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-241305.pdf
Confidential Attachment 1 - TO Live's 2024-2033 Capital Budget and Plan
Motions
12a - New 10-Year Capital Plan and Budget
Confidential Attachment - contains 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 December 12, 2023, the TO Live - Finance and Audit Committee considered item RZ6.3 and made recommendations to the Board of Directors of TO Live.
Summary from the report (November 14, 2023) 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-241562.pdf
(November 14, 2023) Report from the President and Chief Executive Officer, TO Live on New 10-Year Capital Plan and Budget
https://www.toronto.ca/legdocs/mmis/2023/ct/bgrd/backgroundfile-241546.pdf
Confidential Attachment 1 - TO Live's 2024-2033 Capital Budget and Plan