About the purchase
In early 2020, the St. Norbert Abbey announced its intention to sell San Damiano for private development. Shortly thereafter, Monona Mayor Mary O’Connor, with approval from the Monona City Council, negotiated an agreement with the Abbey to explore the community’s interest in preserving the property as a public asset.
Drawing upon decades of relevant professional experience, Alder Nancy Moore spearheaded the effort to strategically explore the property’s development and use as a public asset. A small steering committee was formed to manage negotiations with the Norbertines, and the City Council commissioned a Capital Campaign Feasibility Study to determine the community’s interest in, and philanthropic capacity for, a project of this magnitude and importance.
Interest was strong. As Chris Homburg said in his response to the study:
“The opportunity for public access to the lake and the preservation of the property is as large of an opportunity as I can see us ever having. For generations! This public space would be cherished for generations to come.”
Another significant finding of the Feasibility Study was the revelation that San Damiano is widely viewed as more than just a City of Monona resource. With the City of Madison immediately to the north and east, and amidst the ongoing development of Madison’s East Side, the property most often was articulated by Study respondents as a Lake Monona (rather than City of Monona) destination.
Armed with the Feasibility Study findings, the City successfully negotiated for, and unanimously approved, the purchase of the property for $8.6M, well below its appraised fair market value. The City is set to close on the property’s purchase in June of 2021.
In late 2020, the Dane County Board of Supervisors – in support of an initiative led by Supervisor and Monona resident Sarah Smith – demonstrated a similar commitment to this extraordinary site, with a 2021 capital appropriation of $2M towards the purchase.