Item - 2025.CT13.1

The Board of Directors of TO Live:

1. Directed that Confidential Attachment 1 to the report (January 17, 2025) from the President and Chief Executive Officer, TO Live remain confidential in its entirely because it contains 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 interfere significantly with the contractual negotiations or other negotiations of a person, group of persons, or organization.

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. 

The purpose of this report is to provide the Board with a summary of community consultation findings for the St. Lawrence Centre redevelopment project from 2020-2024. This summary will provide a foundation for a discussion between the Board and Management on how any additional non-City funds (State of Good Repair $83M) shall be directed towards fulfilling outcomes identified in the community consultations on the St. Lawrence Centre for the Arts ("STLC").

City Council on December 17 and 18, 2024, considered Item EX19.20, and adopted, as amended, the following:

1. City Council rescind the delegation to the Board of Directors of TO Live of the capital budget planning, approval and implementation for TO Live, advise the Board of Directors of TO Live of this decision, amend City of Toronto Municipal Code, Chapter 23, Civic Theatres accordingly, and direct the Executive Director, Corporate Real Estate Management to oversee the implementation of the 2024-2033 Capital Budget and Plan as well as future capital plans in alignment with the Capital Prioritization Framework on behalf of TO Live, which includes the planning, design, procurement, and execution of state of good repair projects, capital improvements, net zero, accessibility and other facility-related projects for the St. Lawrence Centre for the Arts, Meridian Hall, and Meridian Arts Centre, in consultation with the President and Chief Executive Officer, TO Live, the General Manager, Economic Development and Culture, and the Chief Financial Officer and Treasurer.

2. City Council request the Board of Directors of TO Live to update the Executive Director, Corporate Real Estate Management, on formal commitments for additional non-city funding no later than June 30, 2025.

3. Should the Board of Directors of TO Live secure a commitment for additional external funding, City Council direct the Executive Director, Corporate Real Estate Management, in consultation with the President and Chief Executive Officer, TO Live, to adjust and align the scope of state of good repair projects and future capital plans, as appropriate, wherein the additional funds shall be directed towards fulfilling outcomes identified in the community consultations outlined in the report (September 6, 2024) from the President and Chief Executive Officer, TO Live on St. Lawrence Centre for the Arts Redevelopment Project.