Dubuque may apply for $100M incentives for flood mitigation
Written by Becca Habegger, Multimedia Journalist - bio | email
DUBUQUE (KWWL) -
The Dubuque City Council is considering applying for nearly $100 million in state tax incentives as part of a huge flood-mitigation project that could stretch over more than 20 years.
City officials estimate the Bee Branch Watershed Project, which will cost nearly $180 million, could prevent an estimated $582 million in damages over its 100-year design life. It includes enhancing sewer capacity and replacing a flood-mitigation gate.
The project has been in the works for years, and originally involved a longer timeline.
City Manager Mike Van Milligen tells the Dubuque Telegraph Herald the allocation would shorten it and ease residents' utility bills.
The city council will consider the application Monday. If they sign off on it, it would be presented to the Iowa Flood Mitigation Board.
Monday, September 1 2014 2:01 PM EDT2014-09-01 18:01:07 GMT
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