Bowers Beach Officials Eye Federal Loan - 47 ABC - Delmarva's Choice

Bowers Beach Officials Eye Federal Loan

Posted: Updated:

BOWERS BEACH, Del. (AP) - Officials in Bowers Beach are holding a public hearing to discuss a proposed federal loan of $64,000 for drainage improvements and flood mitigation.
    
Thursday evening's hearing will allow the public to comment on town plans to accept a Department of Agriculture Rural Utilities Service loan, repayable over 40 years. The same agency has awarded the town a grant of up to $495,000 for drainage improvements, and state officials have chipped in grants up to $100,000.
    
Federal officials last month placed the town on probation with the National Flood Insurance Program because of deficiencies in its floodplain management program.  Officials said insurance coverage would remain available during the probation, but that a $50 surcharge would be added to each new or renewed policy premium for at least the next year.


(Copyright 2013 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.)

  • ContestsMore>>

  • Spring Gas Giveaway

    Spring Gas Giveaway

    Let WMDT fill up your tank! It's time for our Spring Gas Giveaway! More >>
    Enter for your chance to win a $100 Exxon/Mobil Gas Card!More >>
  • Teacher Who Makes A Difference

    Teacher Who Makes A Difference

    The WMDT 47 Teachers Who Make a Difference Contest is Sponsored by Accurate Optical: "Encouraging children of all ages to come in for an annual eye exam to help them see better in school." Each month weMore >>
    The WMDT 47 "Teachers Who Make a Difference" Sponsored by Accurate Optical Encouraging children of all ages to come in for an annual eye exam to help them see better in school.More >>
Powered by WorldNow
Powered by WorldNow All content © Copyright 2000 - 2014 WorldNow and WMDT. All Rights Reserved. For more information on this site, please read our Privacy Policy and Terms of Service.