The Public GalleryToronto

←Executive Committee · 2019-03-21 · 2019.EX3.11

The filed record

2019 Toronto Zoo Lumina Experience

The Public Gallery wrote no story on this item. What follows is the city’s own record of what happened to it, as filed: nothing on this page is summarised or scored by us.

The decision

2019-03-27 · Toronto City Council · amended

As filed

City Council on March 27 and 28, 2019, adopted the following: 1. City Council increase the Approved 2019 Operating Budget for the Toronto Zoo by $5 million gross, fully funded by a disbursement of undesignated funds held for the Toronto Zoo from the Toronto Foundation, for the Board of Management to enter into a contract with the Moment Factory to implement the Lumina Project, with such project to be managed as a fund

Show the rest of As filed, 222 more characters as filed

separate from the Zoo's City-funded Operating Budget and with net proceeds to be contributed to either the Toronto Foundation or the Toronto Zoo Wildlife Conservancy at the direction of the Toronto Zoo Board of Management.

The vote

Adopt Item as Amended · Carried, 16-5

For (16)Ana Bailão, Anthony Perruzza, Brad Bradford, Cynthia Lai, Denzil Minnan-Wong, Gary Crawford, James Pasternak, Jennifer McKelvie, Joe Cressy, John Filion, Mark Grimes, Michael Ford, Mike Colle, Mike Layton, Paul Ainslie, Shelley Carroll
Against (5)Frances Nunziata, Gord Perks, Josh Matlow, Kristyn Wong-Tam, Michael Thompson
Absent (5)Jaye Robinson, Jim Karygiannis, John Tory, Paula Fletcher, Stephen Holyday
The whole record, all 26 members

Every name opens that member’s record.

On the agenda

As the city filed it

This report recommends approval of a loan of $5.0 million to the Toronto Zoo to finance the installation of a special exhibit Lumina experience at the Toronto Zoo for an opening in December 2019.

Staff recommended

The Chief Executive Officer, Toronto Zoo recommends that: 1. City Council approve a loan/line of credit agreement in the sum of $5.0 million with the Toronto Zoo to finance the award of the contract for a Lumina experience produced by Moment Factory Inc., with interest and principal repayable over a 36 month period.

Considered

  • 2019-03-21 · Executive Committee · amended

    Decision as filed

    The Executive Committee recommends that: 1. City Council approve a loan in the sum of $5.0 million to the Toronto Zoo Board, to finance the award of the contract for a Lumina experience produced by Moment Factory Inc., with interest at a fixed rate equal to the City's cost of borrowing, with principal and interest repayable over a 36 month period, subject to the loan being guaranteed by the Toronto Zoo Foundation, and

    Show the rest of Decision as filed, 222 more characters as filed

    authorize the Chief Financial Officer and Treasurer to enter into any necessary loan and ancillary agreements upon such terms acceptable to the Chief Financial Officer and Treasurer in consultation with the City Solicitor.

  • 2019-03-27 · Toronto City Council · amended

On the record

The item as the City filed it

More from this meeting

The whole meeting