Tuesday, July 17, 2007

'Buy outs' to avoid flood damage in US



NEW YORK, NY July 16, 2007 —Several towns along the Passaic River want to avoid a repeat of the damage caused by flooding spurred by this Spring's nor'easter.

Some of the measure they're taking include installing piping and drainage systems in low-lying streets in Secaucus and repairing and restoring tide gates in Rutherford and Moonachie. And the Army Corps of Engineers plans to buy more than 5,000 acres of wetlands in the Passaic River Basin by 2010. Buyouts of homes and businesses in flood plains is another alternative, but there's been little state funding available. Voters could approve a bond issue in November that would provide $12 million for buyouts.

But officials say it won't have a great impact because that money would be spread throughout the state.

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