CreateTO
The full agenda, as filed
All 4 items in the clerk’s order. Each carries the city’s own words: the staff recommendation, what the body decided, and its status. Nothing below is written by us.
RA33.1adopted
Second Quarter Financial Results
For the six months ending June 30, 2022, CreateTO's gross expenditures are $0.29 million favourable compared to budget. Annual expenditures are expected to be in line with the approved budget.
The Board of Directors of CreateTO: 1. Received the report (September 28, 2022) from the Chief Executive Officer, CreateTO for information.
Staff recommendation as filed
The Chief Executive Officer recommends that: 1. The Board of Directors of CreateTO receive this report for information.
RA33.2adopted
CreateTO 2023 Operating Budget
As part of the 2023 Budget process management has prepared its operating budget request for review and approval by the Board of Directors.
The Board of Directors of CreateTO: 1. Approved CreateTO's 2023 Operating Budget of $17.68 million gross, and $0 net, and directed the Chief Executive Officer to submit the budget to the City of Toronto as part of the 2023 budget process.
Staff recommendation as filed
The Chief Executive Officer recommends that: 1. The Board of Directors of CreateTO approve CreateTO's 2023 Operating Budget of $17.68 million gross, and $0 net and direct the Chief Executive Officer to submit the budget to the City of Toronto as part of the 2023 budget process.
RA33.3adopted
CreateTO Financial and Signing Authorities
The purpose of this report is to recommend for approval amendments in signing authority for CreateTO, as per attachment 1 due to certain management changes at CreateTO.
The Board of Directors of CreateTO: 1. Approved the amended signing authority, as set out in Attachment 1 to the report (September 28, 2022) from the Chief Executive Officer, CreateTO.
Staff recommendation as filed
The Chief Executive Officer recommends that: 1. The Board of Directors of CreateTO approve the amended signing authority, as set out in Attachment 1.
RA33.4adopted
The Senior Vice President, Development, CreateTO will provide a verbal update on progress that has been made on the Housing Now Initiative since the previous Board meeting. A portion of the update is confidential and will require a closed session as it relates to negotiations carried on or to be carried on by or on behalf of the Board of Directors of CreateTO.
The Board of Directors of CreateTO: 1. Received the report (September 28, 2022) from the Chief Executive Officer, CreateTO for information.
Staff recommendation as filed
The Chief Executive Officer recommends that: 1. The Board of Directors of CreateTO receive this report for information.