Wyoming Valley Levee overseer seeking to avoid flood insurance rate hikes along two reaches
Without intervention, the next set of flood maps would impose higher rates for property owners behind the
Seeking to overrule this insurance increase, the
The accelerated levee system evaluation is projected to cost
The assessment won't begin until November because the county authority is trying to obtain a state flood mitigation grant to cover its
Waiting to proceed is necessary because flood mitigation grant awards are not expected to be announced until October or November, Belleman said.
A grant is crucial for the cost share because the authority has limited funds and primarily relies on a fee from levee-protected property owners to cover ongoing maintenance and repairs of the flood-control system, Belleman said.
Authority representatives already have started contacting area legislators seeking support for the grant. Belleman said he expects a positive response from legislators because the flood insurance rate hike would financially "destroy" levee-protected property owners in
"If we do nothing, the flood risk zones in the levee-impacted areas will go from Zone X (preferred rates) to Zone D (undetermined risk), and the increased flood insurance premiums in these communities could be as much as up to
"It would be an economic tsunami. It would be horrible, so I'm hoping we get broad support."
Belleman said he is "very confident" both levee reaches will be accredited through the
The failure to meet the required 3-foot freeboard standard was blamed largely on increased storms, development and river sediment and tree growth, officials have said.
The
In other business last week, the authority:
--Extended the deadline from
--Awarded a
The structure was last painted in 2004, and the existing coating is in poor shape and has been identified as a deficiency in annual levee inspections, Belleman said.
Reach
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