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Selectboard reviews FEMA buyouts and 'Brella' contamination coverage; tax prorating discussed
Summary
The board reviewed appraisal and Phase I ESA applications for multiple FEMA buyouts, discussed a 'Brella' contamination-coverage program available for a $500 one-time fee, and agreed taxes on buyout properties (about $6,000–$7,000 outstanding) should be prorated at closing.
Selectboard members reviewed updates on multiple FEMA property buyouts, including appraisal results and Phase I Environmental Site Assessment applications. The review focused on next steps for properties identified for buyout following flood impacts.
Members discussed an insurance option called "Brella," described as offering contamination coverage for a one-time fee of $500; the board agreed to research who would be responsible for inspection and cleanup costs and whether reimbursement may be available. The board also discussed outstanding tax bills on buyout properties totaling approximately $6,000–$7,000 and agreed taxes should be prorated at closing.
