Item - 2024.CT10.7

Tracking Status

  • This item was considered by TO Live on June 20, 2024 and was adopted without amendment.
  • See also 2024.RZ8.2

CT10.7 - 2024 First Quarter Financial Results and Commentary

Decision Type:
ACTION
Status:
Adopted

Confidential Attachment - Financial information supplied in confidence to the Board of Directors to 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

Board Decision

The Board of Directors of TO Live:  

 

1. Approved the 2024 first quarter financial operating results, as noted in Confidential Attachment 1 to the report (May 28, 2024) from the President and Chief Executive Officer, TO Live.

 

2. Directed that Confidential Attachments 1 and 2 to the report (May 28, 2024) 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 significantly interfere with the contractual or other negotiations of a person, group of persons, or organization.

Origin

(May 28, 2024) Report from the President and Chief Executive Officer, TO Live

Summary

The purpose of this report is to present the 2024 First quarter financial results to the Board.

Background Information

(May 28, 2024) Report from the President and Chief Executive Officer, TO Live on 2024 First Quarter Financial Results and Commentary
https://www.toronto.ca/legdocs/mmis/2024/ct/bgrd/backgroundfile-246535.pdf
Confidential Attachment 1 - 2024 First Quarter Operating Results Commentary
Confidential Attachment 2 - 2024 First Quarter Statement of Contribution Margin

Motions

Motion to Adopt Item moved by Mustafa Humayun (Carried)

7a - 2024 First Quarter Financial Results and Commentary

Origin
(June 18, 2024) Letter from TO Live - Finance and Audit Committee
Summary

At its meeting on June 18, 2024, TO Live - Finance and Audit Committee considered item RZ8.2 and made recommendations to the Board of Directors of TO Live.

 

Summary from the report (May 28, 2024) from the President and Chief Executive Officer, TO Live:
The purpose of this report is to present the 2024 first quarter financial results to the Board.

Background Information
(June 18, 2024) Letter from TO Live - Finance and Audit Committee on 2024 First Quarter Financial Results and Commentary
https://www.toronto.ca/legdocs/mmis/2024/ct/bgrd/backgroundfile-246826.pdf
Source: Toronto City Clerk at www.toronto.ca/council