It is good to report that the Village of New Boston is nearly complete with its floodwall repairs and maintenance to meet new safety regulations by the Federal Emergency Management Agency. Without state or federal funding, our village has had no choice but to obtain a $400,000 line of credit at U.S. Bank but will be able to complete the project for approximately $300,000.
FEMA announced the new regulations in 2010 to cities and communities across the United States. The agency warned that they would de-accredit any community's floodwall that has not met the requirements before the deadline of April, 2011. The result of de-accreditation would be that citizens would have to purchase their own flood insurance for much higher rates.
Because the village and the city of Portsmouth floodwalls are connected, we were told if either one fails to pass FEMA inspections both will be de-accredited. At this time, although the proces has not been finalized, our Village Administrator Steve Hamilton feels the final needed repairs will be completed in time for the village to meet accreditation. Our floodwalls are approximately 60 years old and FEMA officials have been impressed with the upkeep of the walls over the years.
Mike Payton
7-1-2012
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