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TO Live - Finance and Audit Committee · 2023-05-15 · 2023.RZ4.4

The filed record

St. Lawrence Centre (StLC) Redevelopment - Sponsorship Naming Rights Consultant

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The decision

2023-05-15 · TO Live - Finance and Audit Committee · adopted

As filed

The TO Live - Finance and Audit Committee recommends that the Board of Directors of TO Live: 1. Authorize the President and Chief Executive Officer, TO Live to execute a contract with the successful proponent of TO Live's Request For Proposal for the Sponsorship Naming Rights Consultant, which is above Management's payment threshold as per TO Live Policy 303, as set out in Confidential Attachment 1 to the report (April 28, 2023) from the President and Chief Executive Officer, TO Live.

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2. Direct that the name of the successful proponent be made public after execution of the contract, at the discretion of the President and Chief Executive Officer, and that the remainder of Confidential Attachment 1 to the report (April 28, 2023) from the President and Chief Executive Officer, TO Live remain confidential in its entirety 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 or other negotiations of a person, group of persons, or organization.

On the agenda

As the city filed it

The purpose of this report is to seek Board approval to execute a contract with the successful proponent of TO Live's Request For Proposal for the Sponsorship Naming Rights Consultant which is above Management's payment threshold as per TO Live Policy 303.

Staff recommended

The President and Chief Executive Officer recommends that the Board of Directors of TO Live: 1. Authorize the President and Chief Executive Officer, TO Live to execute a contract with the successful proponent of TO Live's Request For Proposal for the Sponsorship Naming Rights Consultant, which is above Management's payment threshold as per TO Live Policy 303, as set out in Confidential Attachment 1. 2. Direct that the

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name of the successful proponent be made public after execution of the contract, at the discretion of the President and Chief Executive Officer, and that the remainder of Confidential Attachment 1 remain confidential in its entirety 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 or other negotiations of a person, group of persons, or organization.

    On the record

    The item as the City filed it

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