Moorhead residents dispute flood buyout offers - Bring Me The News

Moorhead residents dispute flood buyout offers

The In-Forum reports residents claim they're being short-changed -- currently, the city is offering to buy their flood-prone property for about 88 percent of its market value. That's a lot less compared to other buy-outs in the Red River Valley -- which have averaged around 108 percent.
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The In-Forum reports residents claim they're being short-changed -- currently, the city is offering to buy their flood-prone property for about 88 percent of its market value. That's a lot less compared to other buy-outs in the Red River Valley -- which have averaged around 108 percent.

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