Item - 2025.CT15.9
Tracking Status
- This item was considered by TO Live on April 17, 2025 and was adopted without amendment.
CT15.9 - Capital Projects Transition
- Decision Type:
- ACTION
- Status:
- Adopted
- Wards:
- All
Confidential Attachment - 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 or other negotiations of a person, group of persons, or organization.
Board Decision
The Board of Directors of TO Live:
1. Directed that the confidential information contained in Confidential Attachment 1 to the revised report (April 16, 2025) from the President and Chief Executive Officer, TO Live remain confidential in its entirety, 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 significantly prejudice the competitive position or interfere significantly with the contractual or other negotiations of a person, group of persons, or organization.
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 significantly prejudice 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 provide the Board with an update on the process of TO Live transitioning its capital projects to Corporate Real Estate Management (CREM), as per City Council's decision in late December 2024 to implement a new governance model.
Background Information
https://www.toronto.ca/legdocs/mmis/2025/ct/bgrd/backgroundfile-254718.pdf
(April 16, 2025) Report from the President and Chief Executive Officer, TO Live on Capital Projects Transition
Confidential Attachment 1 - TO Live 2025 Capital Projects
Motions
1:32 p.m. - That the Board of Directors of TO Live recess its public meeting to meet in closed session to consider the following item:
CT15.9 - Capital Projects Transition
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 significantly prejudice the competitive position or interfere significantly with the contractual or other negotiations of a person, group of persons, or organization.