Oxnard residents dispute flood-risk forecast; Those facing steep insurance costs criticize map
Posted by: Maven on August 31, 2009 at 12:44 pmFrom the Ventura County Star:
“Michael Bisnett is familiar with numbers, regressions and probabilities, but that’s what troubles him about the predictions of how much water could flow down the Santa Clara River if the county is hit by a so-called “100-year flood.”
“There’s all these assumptions in there and I just don’t think you should make a $32 million bet on those kinds of assumptions,” said Bisnett, an Oxnard resident who is also a senior field engineer.
Bisnett was referring to his estimate of what flood insurance might cost over 10 years for the affected residents.
He’s leading a group of homeowners trying to get local leaders and federal authorities to reconsider the new Digital Flood Insurance Rate Map, completed earlier this year. The map includes 1,700 Oxnard properties in the 100-year flood zone, showing where water might go in an extreme flood that has a 1 percent chance of happening in any given year, or once every century. …”
Read more from the Ventura County Star by clicking here.
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