COUNCIL BLUFFS — The city is moving forward on buying property damaged during the 2011 flood and demolishing it.
The City Council, which approved acquisition for demolition of three properties along the Missouri River in October, approved four more this week. The properties are located on Gifford Road and Emil Lane.
In December, the council approved demolition or debris removal for 37 flood-damaged dwellings, while waiting for appraisals of the properties. Six of the properties have been appraised twice, said Don Gross, Community Development Department director.
The city will offer those owners the average of those two appraisals minus any payments the owners received from the Federal Emergency Management Agency, he said. The other property will involve the purchase of the land only, because flood insurance paid for the damaged structure, he said.
All were single-family structures on property ranging from one acre to 15 acres.
The total purchase price for the seven properties is $700,000, Gross said. FEMA is contributing 75 percent of the cost with the state picking up 10 percent and the city the remaining 15 percent.
“We are obligated to buy and demolish within 90 days,” Gross said.