RICHMOND FOOD HUB GAP ANALYSIS AND FEASIBILITY STUDY

Next Steps Subject to Council approval, a procurement process would be initiated to identify a qualified delivery partner(s) to implement Option 1: Food Distribution Hub. Phase 1 would deliver service-based programming to confirm demand, explore partnerships, and refine operational requirements for a potential facility. Results of Phase 1 would be brought back to Council for direction to proceed to Phase 2 — Facility Development, should the initial phase demonstrate sufficient demand, financial viability, and partner readiness. Budgetary Implications Grant funding previously received from the Ministry of Agriculture and Food to support the implementation ofaRichmond Food Hub can be utilized toward initial service delivery costs associated with Option 1. Through the procurement process, business plans would be requested from proponents, including plans for operations and future funding from external sources such as operating revenue and grants. Advancing to the facility development phase, subject to the outcome of Phase | and Council approval to proceed, would require significant additional funding from external sources.

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