Cass County to close on first two flood buyouts todayFARGO - Cass County today will begin buying out properties affected by last spring’s record flood.
By: Mike Nowatzki, INFORUM
FARGO - Cass County today will begin buying out properties affected by last spring’s record flood.
Two homes, one in Oxbow and the other on Schnell Drive north of Oxbow, were scheduled for closing today. They’re part of the first round of 16 buyouts, most of which should close this month, said Irv Rustad, executive director of the Lake Agassiz Regional Council.
A second round of 25 buyouts is expected to wrap up by the end of February, Rustad told the county’s Flood Buyout Program Committee today.
“The pipeline is full, so we’ll have continuous buyouts as the weeks go on,” he said.
County Engineer Keith Berndt said there’s also good news for the remaining 39 property owners waiting for buyouts through the federal government’s Hazard Mitigation Grant Program.
The state has prioritized HMGP applications, and Cass County’s scored among the highest, Berndt said. The state anticipates being able to fully fund the application, but it still needs approval from the Federal Emergency Management Agency, which is expected to take about 45 days, he said.
For more on this story, see Saturday’s Forum.