In a pivotal discussion during the City of Fenton's special Board of Aldermen meeting on November 21, 2024, officials explored a significant flood mitigation project that could cost approximately $5.2 million. The project aims to implement nonstructural flood proofing for 13 commercial buildings and elevate one residential structure, with the city expected to contribute about $1.8 million.
The meeting highlighted the complexities of funding and participation. City officials expressed concerns about the timing of the project, particularly as they are nearing the end of their budgeting process for the upcoming year. Alderman Ted raised alarms about the potential financial burden, noting that $1.8 million is a substantial amount to accommodate at this late stage.
Matt, a representative from the U.S. Army Corps of Engineers, clarified that the project is not legally binding at this stage and emphasized that the city would only need to commit funds once they enter the design phase. He explained that the cost-sharing arrangement would involve a 65% federal and 35% local split, but the actual financial commitment would depend on the number of property owners who choose to participate.
The timeline for the project is also a concern, with Matt indicating that it could take several months to finalize a project partnership agreement. He reassured the board that the city would not need to pay the full amount upfront, as funds could be requested incrementally, starting with the design phase.
As the city navigates these discussions, the outcome of the project remains uncertain, hinging on property owner participation and the city’s ability to allocate the necessary funds. The board will need to weigh the potential benefits of flood mitigation against the immediate financial implications as they move forward.