BELLEVUE, Neb. (AP) — The last round of buyouts has been completed of flood-prone property at a development along the Missouri River south of Bellevue.
The Papio-Missouri River Natural Resources District board last week approved the buyouts at Iske Place. The secluded riverside community sits just south of where Papillion Creek empties into the river, north of the mouth of the Platte River.
The properties targeted for buyout were on the river side of a levee. Authorities sought to get residents out of the floodway to reduce the cost of evacuation and cleanup when the river floods again. The combined purchase price for all 25 lots on the 35-acre property amounts to roughly $1.5 million. Three-quarters of that is being covered by the federal government.
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