City of Janesville may buy some flooded homes

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Stan Stricker
August 6, 2008

The City of Janesville may be helping buy flood damaged homes.

Manager of Building and Development Services Gale Price says a flood buyout program is being conducted in cooperation with the State Department of Emergency Management. The city is hosting a hazard mitigation meeting Thursday afternoon at 5:00 in the municipal building council chambers.

If a homeowner qualifies, they'd likely get the equalized value the city uses to tax the home.

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