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 2026 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 This material may not be published, broadcast, rewritten or redistributed.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.
What Analysts Are Saying About the 2026 P/C Insurance Market 
AIG Underwriting Income Up 48% in Q4 on North America Commercial 
Florida’s Commercial Clearinghouse Bill Stirring Up Concerns for Brokers, Regulators 
Portugal Deadly Floods Force Evacuations, Collapse Main Highway 
