Wentworth Lodge Heritage Trust Fund Committee

That Councillor A. Wilson be appointed as Chair of the Wentworth Lodge Heritage Trust Fund Sub-Committee for the remainder of the 2022-2026 term.

(a) That 90% of the current GIC investment of $282,776 be re-invested into a similar GIC portfolio at the end of the current term of March 18, 2024 and, that the remaining 10% of that investment be added to the Wentworth Lodge Heritage Trust bank account to be used at the discretion of the Wentworth Lodge Heritage Trust Fund Sub-Committee to support resident activities and enhance the quality of life for residents of Wentworth Lodge; and, Wentworth Lodge Heritage Trust Fund Sub-Committee January 11, 2024 Minutes 24-001 Page 2 of 3 (b) That the Wentworth Lodge Heritage Sub-Committee authorize the Senior Administrator, Long-Term Care Division, to oversee and approve purchases up to a total of $20,000 from the Heritage Trust Fund bank account to support resident activities and quality of life for residents of Wentworth Lodge through to December 1, 2024.

That the agenda for the January 11, 2024 meeting of the Wentworth Lodge Heritage Trust Fund Sub-Committee be approved, as presented.

That the following items be received, as presented: (i) Clerk’s Report – December 19, 2023 (Item 4.1) (ii) Minutes – May 10, 2022

That, there being no further business, the Wentworth Lodge Heritage Trust Fund Sub-Committee be adjourned at 10:08 a.m.