Janesville WI wants GM to give community foundation $25 million for revitalization

While Janesville, Wisconsin awaits the sale of the former General Motors assembly plant, the city is looking to improve its economic development in the area and asking the automaker for a little help.

The city is asking General Motors to donate $25 million to establish a “legacy fund” to boost the local economy and help fund revitalization efforts in the city.

City Manager Mark Freitag sent a letter Monday addressed to GM’s CEO and chairwoman, Mary Barra.

The $25 million gift would be managed by the Community Foundation of Southern Wisconsin.

This idea of economic revitalization, workforce development and community development are really those three pillars that we think GM could leave a lasting legacy here that benefits the community,” Freitag said.

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