C2021-0524

That with respect to Report C2021-0524, the following be adopted: That Council: Approve Revised Attachment 3, Greater Downtown Plan Initial Investment and Approvals, including investment categories and allocations, and with the $200 million initial investment funded by $60 million from the Budget Savings Account, $63 million from the Fiscal Stability Reserve and $77 million from the Canada Community Building Fund subject to receipt of the 2021 increase; Request the Mayor write letters to the provincial and federal governments, advocating for funding and other support for Calgarys Greater Downtown Plan, and direct Administration to pursue the same support by contacting provincial and federal government officials and departments; Authorize entering into a Housing Agreement on Sierra Place at 706 7 Avenue SW and authorize the Community Services General Manager to develop, approve, and execute the agreements identified in Attachment 7 and necessary to implement the HomeSpace project; and, Direct Administration to report back to Council no later than 2022 Q2.