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July 8, 1998

     To:Strategic Policies and Priorities Committee

 From:Audit Committee

 Subject:1997 Financial Statements of various Arenas and Community Centre

 Recommendation:

 That the 1997 Financial Statements of various Arenas and Community Centres be received and Council so advised.

 Background:

 At its meeting held on July 7, 1998, the Audit Committee had before it a report (June 26, 1998) from the Chief Financial Officer and Treasurer forwarding the 1997 Financial Statements of Committee of Management for the North Toronto Memorial Arena, Committee for the Scadding Court Community Centre, Committee of Management for the Eastview Neighbourhood Community Centre, Committee of Management for the McCormick Playground Arena, Board of Management for the Harbourfront Community Centre, Board of Management for the Ted Reeve Arena and Grounds, Board of Management of the 519 Church Street Community Centre, Board of Management for Community Centre 55, Board of Management for the Cecil Street Community Centre, Board of Management for the Ralph Thornton Community Centre, Committee of Management for Forest Hill Memorial Arena, Committee of Management for William H. Bolton Arena, Board of Management for the Central Eglinton Community Centre, Committee of Management for the George Bell Arena, Board of Management for the Greektown on the Danforth Business Improvement Area, and the Board of Management for the Bloor-Yorkville Business Improvement Area.

 The Audit Committee advises that it received the aforementioned Financial Statements, which were circulated to all Members of Council with the Agenda for the Audit Committee meeting held on July 7, 1998.

  Interim Secretary

Audit Committee

 Christine Dodds 392-7031

 

   
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