Miami County racks up to $18 million in flood damage

Staff Report

June 5, 2014

MIAMI COUNTY — More than $18 million in flood damage has been documented from the flash flood event on May 21 thus far, according to county officials.

According to the Miami County Emergency Management Agency, it could be weeks before the final damage numbers are available.

Ken Artz, EMA director, the damage estimates are still preliminary as of June 3.

Damage estimates from public properties are in excess of $18.4 million and private properties are about $8.3 million, according to a press release.

Public properties include items such as government buildings, property, roadways, and bridges. Private properties are individual homes and properties.

“It’s going to take a long time,” Artz said Wednesday. “It could be several weeks for hard numbers.”

Artz said with the amount of damage from the flash flood event, contractors are still working on providing estimates of the damage caused by the flood waters.

Artz said the information will be sent to the state to be assessed for the U.S. Small Business Administration. If approved, business and home owners may be eligible for a low-interest loan to repair damages.

Artz said preliminary benchmarks for the assistance are still be determined. Artz said state agencies haved assessed damage in Clark County. If Clark County is approved to receive SBA loans, adjoining counties, including Miami County, will be eligible.

Miami County Emergency Management Agency (EMA) provided the current statistical information from the May 21 rains and flooding:

Public damage included: $18.1 million in Tipp City; $250,000 in Troy; $29,942 in the Village of Covington; $15,977 between Concord and Monroe Townships.

Private damage included:$4 million in Tipp City; $1.06 Million in the village of Covington; $2.36 million in Concord Township and $743,900 in Monroe Township.

Damage assessments were conducted throughout the county and there were 899 assessments done.

According to the press release, the Miami County EMA thanked the American Red Cross of the Northern Miami Valley and the Miami Valley Disaster Recovery Team for assisting in conducting the assessments.

“Without their support, we couldn’t have reached out to as many people as we did,” the press release stated.