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City attorney outlines $3.1 million Walgreens settlement offer in first review
Summary
City attorney told the Monona council a negotiated offer in Walgreens’ 2025 assessment challenge would set valuation at $3.1 million and include a two-year non-challenge agreement for 2026–27 at or below $3.1 million; council discussed the settlement and chose to consult counsel in closed session.
Monona — The City Attorney presented a proposed settlement in Walgreens’ suit challenging its 2025 property tax assessment and told the council the parties had negotiated toward a $3.1 million agreed valuation.
According to the attorney’s summary, the city assessor had placed the 2025…
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