[StBernard] Question about BUYOUT

[Westley Annis]

Mr. Fos and all,
 
The term buyout can be part of either plan (the LRA or the Hazrad
Mitigation).  In fact, the LRA plan involves making use of hazard mitigation
money first.  Buyout is a process in the LRA list of options through either
relocating or selling and moving outside of LA.  The decision will come down
to which program will offer the greatest incentive for people to access
recovery and the parish to redevelop in response to that.
 
Craig 
 
-----Original Message-----

I also own property in this same area.  Can someone explain the Buyout plan
that Heather mentioned,below, as I assume it is different that the LRA plan,
since this potential  buyout is the result of returning land to greenspace.
 
thanks
 
Charlie Fos
********************************
Heather, 

I have two rentals behind the old LP&L and have spent $3,000 to have one of
them gutted, the debris stills sits outside of it after all this time, not
being picked up at all. I'm not putting out anymore money in that area. I
asked this question and Craig said he thinks the buyout will be 6-9 months
away. That was about a month ago, but you know how fast things can change. 

Does anyone know anymore on this subject? 

Laurie