Tuesday, June 24, 2008

Update from Lake Delton

WI STATE JOURNAL

...However, even if Lake Delton is accepted into the program, there's no guarantee how much disaster assistance home and business owners will receive, Cross said.

The vast majority of the nation's 20,000 flood-prone communities participate in the National Flood Insurance Program, but about one in 10 opts out, according to the National Association of State Floodplain Mangers in Madison. Representatives from the association have said officials fear that joining the program will stunt economic growth by boosting construction costs and restricting the ability to build in high-risk flood areas.

...Wally Bochenczak, who owns Thunderbird Resorts on Lake Delton with his wife, said he was disappointed in Monday's meeting because he thought there would be more information.