Sioux Falls City Council members voted on Jan. 5 to issue bonds for a levee project, but they hope it’s included it the federal economic stimulus package.
The $38 million will be used to finish raising the levees around the city and protect about 1,900 homeowners and businesses from future flooding.
One homeowner in the newly created flood plain said it would have cost him an extra $1,600 a year in flood insurance if the city did not make the improvements.
Town leaders will now look at including the project in President-elect Barack Obama’s plan to spur the economy.
The vote was 7-1 in favor of issuing the bonds.
Copyright 2025 Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.
Was this article valuable?
Here are more articles you may enjoy.
Barge Looted in the Bahamas Returns to Florida but Insurance Claims Mounting 
How E-Deliveries Are Fueling More Crashes, Traffic, Pollution and Worker Injuries 
AIG to Pay Neal $2.7 Million to Cover Previous Firm’s Bonus 
Homesellers Pull Listings Off Market as Interest Fades 
