FARGO, N.D. (AP) _ North Dakota's largest city is planning to offer buyouts to residents of 56 homes next year as part of a flood protection plan.
Fargo officials say the buyouts will likely cost about $24 million. The program is voluntary.
Homeowners are being offered 110 percent of the assessed value of the property, plus a $5,000 moving allowance.
The home on the current list with the highest assessed value is about $900,000, with the average value of all 56 homes at about $370,000.
Ann and Todd Haggart, who are 26-year residents of their home on River Drive South, say they will miss their property, but no longer have to live in limbo.
The Fargo area battled three straight major floods along the Red River from 2009 to 2011.
