Published October 18 2011
Clay County progresses with 2011 flood buyoutsMOORHEAD – Clay County officials are entering the next phase of 2011 flood buyouts, after all but two homeowners accepted the first round of offers.
Realtor Greg Anderson said 16 of 18 homeowners in the rural Crestwood neighborhood along the Red River south of here signed purchase agreements with Clay County by the Oct. 16 deadline.
Among them are several homeowners who had adamantly protested the county’s offers. Those protests drove officials to adopt a compromise that gave property owners higher offers on their homes.
Clay County owns six of the bought-out homes so far, Anderson said.
County commissioners directed Anderson to move forward with the next batch of offers, which will be extended to 13 flood-affected properties throughout the county.
Those buyouts will be granted on a first-come, first-served basis.
After the Crestwood buyouts, the county has $900,000 available to secure additional buyouts immediately.
Clay County officials are requesting an extra $2.5 million from the state Department of Natural Resources to fund the rest of the buyout program as originally planned.