Floodway Buyout – Initial Response

August 23, 2013 by CRC Action Group in News

Please see the attached media release from the Alberta Government outlining its plan to offer homeowners in the floodway a one-time payment of last assessed value to leave the floodway.

We have a mixed reaction to this news. This will be good news for some but we fear it may lead to the checkerboarding of our communities. This is a time of extreme stress for so many.

We still believe that upstream prevention is the best possible solution to deal with flooding in the City of Calgary, which would address the issues for residents of river communities, small business owners, downtown Calgary and important parts of Calgary’s fabric like the zoo and the Stampede grounds.

Please let us know your thoughts.

http://alberta.ca/release.cfm?xID=3482784398BCF-9405-835A-2DE3B19C7F64F031