UPDATE: City Takes Step Towards Buying Flood-Damaged Properties
UPDATE: The City of Sioux Falls could soon move forward with a plan to buy more than 50 flood-damaged homes near Tomar Park.
City Council approved a first reading of the plan Tuesday night. A second reading is scheduled for next Tuesday during a special session. Mayor Paul Tenhaken is proposing to use $1 million from the 2018 surplus for the city to purchase as many as 55 properties. Additional funding would come from state and federal levels. Homeowners would have to meet certain criteria to qualify for the program.
Earlier we reported…
Residents are expected to learn more about the city’s plan to buy more than 50 flood-damaged homes in the Tomar Park area, Tuesday night.
The Sioux Falls City Council is having the first reading on Mayor Paul TenHaken’s proposal. The mayor has budgeted $1 million for the city to purchase as many as 55 properties.
Additional funding would come from state-federal levels.
If it passes, the city council will hold a special meeting next week for a second reading.