Flood Plain Map Situation Differs In Yankton, Rapid City
YANKTON, S.D. (AP) – The Federal Emergency Management Agency’s proposed revisions to Yankton’s flood plain map could encompass nearly 200 additional properties.
On the flip side, a revision in Rapid City means 224 properties have been removed from that city’s flood hazard area.
Properties within a FEMA flood plain are required to have flood insurance if their mortgage is a federal loan or federally insured loan.
The Rapid City Journal reports the revisions in that city became effective in March. A FEMA official estimates the changes will save residents about $20,000 annually in flood insurance premiums.
The Yankton Daily Press & Dakotan reports that FEMA has given that city two options – adopt the proposed new flood plain map as is or allow the agency to do further study. City officials haven’t yet decided.