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Franciscans and Mayo sign $37 million separation deal

Brad Williams

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An agreement announced a year ago between the Franciscan Sisters and Mayo Clinic will bring several millions of dollars in cash and property to the La Crosse order of nuns.

The reported total of the transaction, signed at the end of October, is around $37 million.

It was just before Thanksgiving of 2017 when the Franciscans announced they would separate from the Mayo medical center in La Crosse and Viterbo University.

FSPA spokeswoman Jane Comeau says the main piece of property the nuns will receive from Mayo is a parking lot on Market Street, near St. Rose Convent.

The payout from Mayo will be made over a 20-year period.

The deal was part of the original partnership agreement between Mayo and FSPA, approved in 1995.

 

 

 

A native of Prairie du Chien, Brad graduated from UW - La Crosse and has worked in radio news for more than 30 years, mostly in the La Crosse area. He regularly covers local courts and city and county government. Brad produces the features "Yesterday in La Crosse" and "What's Buried on Brad's Desk." He also writes the website "Triviazoids," which finds odd connections between events that happen on a certain date, and he writes and performs with the local comedy group Heart of La Crosse. Brad been featured on several national TV programs because of his memory skills.

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