That Council approve the recommendation outlined in Report FCSFPM26-006, dated February 17, 2026, of the Commissioner, Finance and Corporate Support Services and the Commissioner of Community Services as follows:
a) That staff are authorized to submit an application and all associated documents to Build Canada Homes (BCH) to provide required funding to build a mixed housing development on the Peterborough Housing Corporation (PHC) owned property at 1190 Hilliard Street, as outlined in Report FSCFPM26-006;
b) That the Mayor, Clerk, CAO and Commissioners are each authorized to do such things, negotiate with and execute documents including a loan and contribution agreement, on terms considered appropriate by the Commissioner of Community Services in consultation with the Treasurer, to secure the approval of BCH funding in forms acceptable to the City Solicitor;
c) That respecting the CFCR Plan, staff be authorized to proceed as outlined in Closed Session Report FCSFPM26-006 dated February 17, 2026 of the Commissioner, Finance and Corporate Services and the Commissioner of Community Services.