The Webster County Board of Supervisors agreed Tuesday to allow more time to receive bids for legal services for buyouts in the Breen Addition.
The buyouts, which are funded by the Federal Emergency Management Agency, require the services of an attorney for the completion of real estate transactions, Supervisor Clark Fletcher said.
During the original bidding period, only one firm submitted a bid, but federal guidelines require more than one bid.
meeting held April 3, 2012
"With federal money, you have to get bids," Fletcher explained. "They're asking that we get at least two."
The bidding period was extended to April 20.
Property owners in the Breen Addition north of Fort Dodge were given the buyout option after consecutive years of experiencing severe flooding and property damage caused by ice jams on the Des Moines River. The most recent floods occurred during the week of February 20, 2011, displacing the majority of the residents living on the river side of the neighborhood.
Webster County was awarded a $1 million grant from the state to assist with the federal buyout program last July.
A mitigation plan with the MIDAS Council of Governments was also approved by the supervisors that month to begin the process of a FEMA buyout program. Property owners who have entered into the buyout will receive a portion of state and federal funds. Government regulations require those who opt to rebuild their homes in the flood plain to elevate their new homes from 4 to 7 feet to prevent future flood damage.
Fletcher said the county will make an offer on the properties and once agreements are made the contracted attorney will assist with the real estate transactions.
The buyouts would help reduce liabilities on the National Flood Insurance Program, Fletcher said.
"We want to eliminate that, " he said. "That is what the buyout program is for."
Contact Emilie Nelson at (515) 573-2141 or email@example.com