Officials in Des Moines are looking for money to buy more properties in a flood-prone area of the city.
City Manager Rick Clark says that flooding in the Four Mile Creek area is “uncontrolled” — and that recent heavy rains show the need for more buyouts in the area.
After flooding in 2008, Des Moines spent more than $1.5 million on acquiring, relocating and demolishing 17 properties near Four Mile Creek. The money came from local, state and federal sources.
The city has received a state grant to buy six more properties and is awaiting guidelines from the state on how to proceed.
Officials also are pressing for a comprehensive review of Four Mile Creek’s 120-square-mile watershed.
Topics Mergers & Acquisitions Flood
Was this article valuable?
Here are more articles you may enjoy.
Howden Buys M&A Insurance Broker Atlantic Group in US Expansion 
CRC Group Signs Agreement to Acquire Euclid Transactional 
AIG’s Zaffino to Step Down as CEO as Aon’s Andersen Steps In 
Howden US Tells Judge Brown & Brown Employees Fled Due to ‘Mistreatment’ 
