1. Flood buy-out properties
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1. Flood buy-out properties
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Entry Properties
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12/7/2004 2:13:53 PM
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8/26/2002 9:12:59 PM
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Don't buy any of the 3 homes and spend the money on <br />vacant land South of Fargo to supplement the $2 million <br />greenway fund. <br /> <br />Spending the money on the Greenway would probably be a better long term <br />taxpayer investment and more consistent with our long term flood damage <br />reduction strategy. However, it would leave us with these unresolved <br />citizen issues. For that reason i'm reluctantly recommending we go through <br />with the acquisitious. <br /> <br />SUGGESTED MOTION: Authorize acquisition 2 Reed Township Homes <br />and 1 Stanley Township Homes experiencing River Bank failures. Owners <br />to be offered 85% of appraised value with owners assuming the 15% local <br />match. <br /> <br /> <br />
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