PFC2021-1235

That with respect to Report PFC2021-1235, the following be approved: That the Priorities and Finance Committee recommend that Council: Approve recommended changes as presented in the General Hospital Legacy Fund Terms of Reference (Attachment 2); Direct Administration to separate the General Hospital Legacy Endowment Fund from Real Estate & Development Services Reserve to become two separate reserves called the General Hospital Legacy Reserve (the Reserve) and Real Estate & Development Services Reserve and approve the required changes to the Reserve Templates (Attachment 3); and Endorse the Legacy Review Committees recommendation (Attachment 6) to commit up to 100 per cent of the current and future General Hospital Legacy Reserve funds toward a new capital project called the Bridgeland-Riverside Multimodal Pedestrian Bridge as presented in the feasibility study (Attachment 4), and direct Administration to return to Council with a capital budget request through the November 2021 budget adjustment deliberations.