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Flood buyback plan resurfaces

Rotterdam councilman eyes program for severely flood-damaged homes

— “Before we make a decision on buying people out there is always the potential that value can increase,” he said. “We have some sales down there … of properties down there that have been impacted by flooding.”

Some people have sold flood-damaged properties higher than the town’s reduced assessment, according to Macejka.

“There are other indicators than what happened last year that I would have to take into consideration before I could make a conscious proposal to the board that we buy people out based on current values,” Macejka said. “It’s an option, but I don’t think that right now we can establish that the values will never increase.”

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