David Carlson Introduction
Bob Johnson, the greatest hockey coach the UW has ever seen, had an expression - “It’s a great day for hockey.” Because to Bob, every day was a great day for Hockey.
Well, today, like every day, is a Great Day in the City of Lancaster.
Many people and families have made gifts to the City over the decades that have made the City the better. The Hillary Auditorium, Hospital expansions, the new pool, the Dog park, benches in the downtown, trail development at Lancaster Trail, the Library, and many, many, more. Sue and Bruce Fritz have had a part in many of those things.
With that as the background, I am pleased to introduce Sue and Bruce Fritz, and the It’s a Great Day in the City of Lancaster Fund.
We have been blessed to grow up in SW Wisconsin and have lived here in Lancaster for most of our lives. We have raised our family, and with my brother David, grown Tricor to one of the largest independent insurance agencies in the Midwest - and all of it based here.
Our business, like the many other businesses here in the City, have helped the community grow and prosper. We want to do our part to see that continue, even as we retire from active participation in the family business
While meeting with David and Dominique to discuss this opportunity, it was clear that the lack of housing was holding back the growth of the City. Job opportunities we have - new employees we don’t. And a key issue to attract and keep new employees is Housing. Housing for new medical professionals, teachers, employees at Foremost, Amcor, Saputo, and all of the rest that help make Lancaster a Great City. Housing, or more specifically lack of housing, has hurt our existing businesses, and impacted their growth. And once housing is developed, then we continue to grow, expand, and attract new businesses.
With that background, we propose to make a donation to the City in the amount of $1,000,000 to start the It’s a Great Day in the City of Lancaster Fund.
The intent of this donation is threefold:
First, the fund will engage in activities that encourage or enable business start-up, development, or expansion, with a focus on businesses that provide family supporting jobs, primarily full-time employment, with benefits including health, vacation, and retirement.
Second, the fund will invest in activities that, overall, are designed to replenish and maintain the original Donation. While not all activities are expected to return capital to the Donation, it is the expectation of the Donor that the Lancaster will manage the Donation to replenish the Donation, to the extent practicable.
Finally, the fund will invest in activities within the corporate limits of Lancaster, including the purchase of land for the use of business or residential development. Such purchase of land shall be annexed to Lancaster before development on such land occurs.
And finally, our contribution does not need to be the only one to the Great Day in the City of Lancaster Fund. Because we know many families like ours that have also been blessed by the community and want to return that blessing. This fund, once established, can provide the means for other families to join ours in giving back, and help making Every Day a Great Day in the City of Lancaster.
We are super excited for this fund to achieve great things. Thank you.
Sue and Bruce Fritz