XCVI: Strawberry Peach Melba

3 c fresh or frozen whole strawberries
1 c confectioners' sugar
1/4 c water
1 t lemon juice
2 t cornstarch
1 T cold water
1 t vanilla extract
4 scoops vanilla ice cream
1 15-oz can sliced peaches, drained
whipped topping

In a saucepan, mash strawberries; add sugar, water and lemon juice. Cook and stir until mixture comes to a boil. Combine the cornstarch and cold water until smooth; stir into the strawberry mixture. Cook and stir for 2 minutes or until thickened and bubbly. Remove from the heat; stir in vanilla. Strain to remove the pulp. Place the pan in an ice-water bath to cool, stirring occasionally. Serve strawberry sauce over ice cream; top with peaches and whipped topping