This was a smallish farming community. They found an agreeable farmer who
sold his land to the city, and it was built anew. Wish I could remember
more. I believe it was in Missouri.
Bill Pearce
----- Original Message -----
From: "Joel Wilcox" <jfwilcox@xxxxxxxxx>
To: "Olympus Camera Discussion" <olympus@xxxxxxxxxxxxxxxxx>
Sent: Monday, March 30, 2009 10:29 AM
Subject: Re: [OM] Red River Valley
> On Mon, Mar 30, 2009 at 10:04 AM, Sue Pearce <bs.pearce@xxxxxxx> wrote:
>> This brings to ind a story that I barely remember about a town along the
>> Missippi River that was completely flooded one spring.
>>
>> They took the insurance money, and moved the whole damn thing inland and
>> up.
>
> I sort of doubt it. The way it works is that each individual property
> has to be evaluated by local, state, and FEMA officials to qualify for
> a buy-out. The program is completely voluntary so far as I know. It
> doesn't matter whether the properties were insured or not. The lion's
> share of the money is federal, but the state and locality has to
> provide a share as well. Whether it qualifies for buy-out is
> primarily dependent on whether the locality and state can come up with
> their share.
>
> With federal, state, and city involved, you can imagine how fast this
> all moves. Not.
>
> I am currently in a buyout proceeding, though I am probably going to
> drop out of it and stay where I am. Every family on my street, all
> riverfront, has rebuilt or is in the process of rebuilding except for
> two elderly couples, both of whom are infirm.
>
> It may not be the wisest decision financially, but it is very hard to
> think about trading my neighbors for people who haven't been through
> what we've all been through together. In addition to that, the City
> would simply bulldoze my home and carry it to the landfill. Aside
> from my own personal investment in the home, that just seems like such
> a waste of a structure that is completely unique.
>
> Joel W.
> --
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