40 Years Ago
Iola city commissioners put off making a commitment yesterday on whether to help property owners have access to a federal subsidized flood insurance program. Federally subsidized flood insurance is more than a year old but a final commitment on the part of local governing bodies isnt necessary until next month. More than $750,000 worth of flood insurance, with premiums at a fraction of the cost they would be in the commercial market, is in effect among homeowners here. If the city doesnt join the program the policies will be canceled. And if the city doesnt sign up, those who are in the flood zone would find it almost impossible to buy commercial coverage.
Stay connected to the stories and events that make your community a special place to call home.
Subscriptions start at $14.90/month.View subscription options
- Unmatched coverage of Allen County’s local news and sports, a tradition dating back to 1867
- Compelling portraits of our residents, experienced reporting and thoughtful analysis
- Unlimited online access to iolaregister.com and our archives