Report: Business Board - April 24, 2023

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Via Virtual Meeting room

REPORT NUMBER 271 OF THE SPECIAL MEETING OF THE BUSINESS  BOARD

APRIL 24, 2023


To the Governing Council,
University of Toronto.

Your Business Board reports that it held a virtual meeting on Monday, April 24, 2023, at 9:00 a.m. with the following members:

In Attendance: Sandra Hanington (Chair), Rajiv Mathur (Vice-Chair), Scott Mabury (Vice-President, Operations and Real Estate Partnerships), Trevor Rodgers (Chief Financial Officer), Glen Bandiera, Olenka Baron, Janet Cloud, Alicia Damley, Indi Gopinathan, Sue Graham-Nutter, Thomas Hofmann, Paul Huyer, Sarosh Jamal, Kathryn A. Jenkins, David Regan, Ian Taylor, Grace Westcott, Mary-Agnes Wilson, Lara Zink

Regrets: Teodora Dechev, K. Sonu Gaind, Maureen Harquail, Danielle Skipp

Secretariat: Sheree Drummond, Secretary of the Governing Council, Anwar Kazimi, Deputy Secretary, Governance, Timothy Harlick, Assistant Secretary

Non-Voting Assessors:
David Palmer, Vice-President, Advancement, Jeff Lennon, Assistant Vice-President, Planning and Budget, Anne Macdonald, Assistant Vice-President, Spaces & Experiences, David Lehto, Chief, University Planning, Design & Construction, Ron Saporta, Chief Operating Officer, Property and Sustainability

In Attendance:
Elizabeth Cragg, Director, Office of the Vice President, Operations & Real Estate Partnerships, Helen Bao, OREP Executive Finance Officer, Sanish Samuel, Controller and Director of Financial Services, Anthony Tia, Director of Treasury and Investment Services, Olivia Stewart, Development Finance Analyst

ITEM 2 WAS APPROVED. ALL OTHER ITEMS ARE REPORTED TO THE GOVERNING COUNCIL FOR INFORMATION.


OPEN SESSION
 

  1. Chair’s Remarks


    The Chair welcomed members and guests to the Special Meeting of the Board.

    The Board moved in-camera.


IN CAMERA SESSION

  1. Confidential Property/Real Estate Matter

    Professor Scott Mabury, Vice-President, Operations and Real Estate Partnerships, presented the item. 

    The Board approved a motion that the recommendation of the Vice-President, Operations and Real Estate Partnerships, as outlined in the memorandum dated April 20, 2023, be approved.


The meeting adjourned at 9:44 a.m.

April 24, 2023