Minot, N.D.-area officials will ask the state for another $119 million in the next two-year budget period for work on a flood protection project.
Officials say completing the first four phases of the project will protect 60 percent of the city’s population from flooding. The cost is $250 million.
The Minot Daily News reports that the Legislature set aside $40 million for the project during the current budget period, under a cost-share agreement in which the state kicks in 60 percent. The city wants that increased to 75 percent in the next budget.
The June 2011 Souris River flood caused $700 million in damage in the city. The U.S. Army Corps of Engineers is studying permanent flood protection for the basin. That could cost $1 billion.
Topics Flood
Was this article valuable?
Here are more articles you may enjoy.
How ‘Super Roofs’ Reward Insurers, Cat Bond Investors and Homeowners 
Product Liability Verdicts Are on the Rise but There Are Ways to Avoid Them 
Florida, East Coast to See Big Insured Losses From More Cat 5 Storms, Researchers Say 
State Farm Sued Over Policies Backed by Distressed Insurer PHL 
