City of Monona Council Meeting Agenda March 16, 2026
Monona Settles Property Tax Dispute with Walgreen Co.
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Description
The City of Monona Council approved a settlement agreement with Walgreen Co., granting a partial refund and setting the assessed property value for 2025, 2026, and 2027 at $3,100,000 for the Walgreens at 5310 Monona Drive. The agreement ends litigation and authorizes a $6,422 tax refund for 2025.
Contract Details
Contract Amount
$6,422 refund for 2025; Assessed value set at $3,100,000 for 2025, 2026, and 2027 tax years
Vendor
WALGREEN CO.
Agency
City of Monona, WI
Contract Type
OTHER
Document Date
March 16, 2026
Contract Term
2025, 2026, and 2027 tax years (contingent on no substantial property change or vacancy)
Renewal Date
2027-12-31
Renewal Info
Assessment for 2026 and 2027 set at $3,100,000 unless property is vacated or undergoes substantial physical change. Terms void if that occurs.
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