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Ladue council moves to pursue buyouts for repeatedly flooded Foxboro properties

City Council of the City of Ladue · September 16, 2024
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Summary

After a resident asked to be included in ongoing Foxboro Road buyouts, council members were told one home now qualifies for NFIP SRL assistance and that the city's estimated share could be about $224,000; the council also adopted a resolution accepting 15 Foxboro Road into the FMA FY22 buyout program.

Tamara Waltke told the Ladue City Council on Sept. 16 that her home at 20 Foxboro should be included in the city's ongoing Foxboro Road flood buyout program after repeated flooding. Public Works Director Ms. Lamitola told the council the house now qualifies under the National Flood Insurance Program's Severe Repetitive Loss (SRL) criteria and estimated the city's portion under a 75/25 cost-share arrangement at roughly $224,000.

Why it matters: The council's buyout program removes repeatedly flood-damaged structures from harm's way and can affect neighborhood flood mitigation planning and city budgets. Ms. Lamitola noted that 20 Foxboro had been identified in the city's 2016 Master Plan for buyout consideration because of ongoing flooding.

Council action and staff direction: Council members directed staff to prepare the buyout request for review at the October 2024 City Council meeting. That direction is administrative and was recorded for follow-up rather than acted on immediately.

Related resolution: Separately, the council adopted Resolution No. 2024-43, authorizing the mayor to execute a voluntary acquisition offer and acceptance for 15 Foxboro Road as part of the Flood Mitigation Assistance (FMA) FY22 buyout project. Council Member Harold Burroughs moved adoption of Resolution 2024-43; the motion passed unanimously.

What was not decided: No acquisition agreement for 20 Foxboro was executed at the Sept. 16 meeting; the council only directed staff to prepare materials for the October meeting. Estimated cost figures for 20 Foxboro were presented by staff; final buyout amounts will depend on appraisal and grant award details, which were not specified at the meeting.

Next steps: Staff will prepare the buyout submittal and materials for council review in October. The council did not set a timeline for closing or identify funding sources beyond the 75/25 cost-share estimate discussed in the meeting.