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Executive Committee · 2020-06-22 · 2020.EX14.12

The filed record

CreateTO 2019 Financial Results and Annual Report

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The decision

2020-06-29 · Toronto City Council · adopted

As filed

City Council on June 29 and 30, 2020, adopted the following: 1. City Council receive the CreateTO 2019 Annual Report, in Attachment 2 to the report (April 16, 2020) from the Chief Executive Officer, CreateTO for information. 2. City Council approve the CreateTO 2019 Audited Financial Statements in Attachment 3 to the report (April 16, 2020) from the Chief Executive Officer, CreateTO.

On the agenda

As the city filed it

At its meeting on April 24, 2020, the Board of Directors of CreateTO considered Item RA12.5 and made recommendations to City Council through the Executive Committee. As the City of Toronto's real estate agency, CreateTO manages the City's real estate portfolio, develops City buildings and lands for municipal purposes and delivers client-focused real estate solutions to City Divisions, Agencies and Corporations. For the

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year ending December 31, 2019, CreateTO generated revenue of $12.49 million, had expenditures of $12.49 million, and net income of $0.

Staff recommended

The Board of Directors of CreateTO recommends that: 1. City Council receive for information the 2019 Annual Report, in Attachment 2 to the report (April 16, 2020) from the Chief Executive Officer, CreateTO. 2. City Council approve the 2019 Audited Financial Statements in Attachment 3 to the report (April 16, 2020) from the Chief Executive Officer, CreateTO.

Considered

  • 2020-06-22 · Executive Committee · adopted

    Decision as filed

    The Executive Committee recommends that: 1. City Council receive the 2019 Annual Report, in Attachment 2 to the report (April 16, 2020) from the Chief Executive Officer, CreateTO for information. 2. City Council approve the 2019 Audited Financial Statements in Attachment 3 to the report (April 16, 2020) from the Chief Executive Officer, CreateTO.

  • 2020-06-29 · Toronto City Council · adopted

On the record

The item as the City filed it

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