Mecklenburg County, N.C. could spend more than $4 million to buy as many as 50 homes that suffered serious flood damage after Tropical Storm Fay and other storms.
The Charlotte Observer reported Sept. 17 the voluntary program would be limited to homes damaged in floods on Aug. 27, after Fay drenched the Charlotte area, or Sept. 10. The homes also must be prone to future flooding.
Melba Adams has one of those homes. She said she woke early Aug. 27 to water that had risen to her baseboards and feared she could be electrocuted. The water had risen higher once firefighters arrived. Everything was destroyed, she said.
“I’m 75 years old, and I’m having to start over,” said Adams, who is staying with her granddaughter and two young children.
Under the plan, the county’s Storm Water Services department would spend $4 million to buy up to 30 homes, while Parks and Recreation could buy up to 20 homes using money from greenway bonds approved last year.
The plan has been approved by commissioners. Qualified home owners will be notified soon.
This is the second time the county has sought to buy properties using a “quick buy” program using only local money. The last time occurred after floods in 2003.
___
Information from: The Charlotte Observer,
http://www.charlotte.com
Banks Still Face Legal Claims After $25 Billion Settlement
MF Global Judge to Examine Insurance Payments for Former Executives
Daredevil CEOs May Put Companies at Risk
California Independent Contractor Law May Be Liability for Agents, Brokers
North Carolina Continues Auto Regulation Debate As Rates Stay Same for 2012
Long-time California Lobbyist Looks to 2012 Legislation Affecting Insurance
Mine Safety Chief Seeks to End Complacency Over Safety
Virginia Court Grants Rehearing of Global Warming Claims Case
