Two days ago, state Insurance Commissioner John Oxendine put the cost of damage caused by the flooding of metro Atlanta at $250 million.
But I just finished talking with Atlanta Mayor Shirley Franklin, who said she’s been telling members of the Obama Administration that the final tally will be at least four times that high – beyond $1 billion.
That’s a big difference, especially when one is asking for federal help.
In assessing the damage to the city, Franklin said authorities have counted nearly 475 homes hit by the flood. “We know that 60 were destroyed, and over 200 were severely damaged,” she said.
If the average home has three residents, that’s more than 1,200 displaced. The price tag on the destroyed homes is estimated at $100,000 each, for the sake of quick math.
The hardest hit was the Lincoln Homes/Proctor Creek area.
Repairing the R.M. Clayton sewage treatment plant on the banks of the Chattahoochee River will cost between $60 million and $100 million, she said. Maybe more.
“But here’s the deal. It was every plant along the [Chattahoochee] river that was probably flooded. So it’s not just R.M. Clayton. It’s the Cobb plant right across the river.
“So what I have been describing to members of the administration, I have said unlike the number that’s out there – this $250 million – I think the number is upwards of $1 billion,” Franklin said.
“If we had 400 structures [damaged], not counting any commercial, including 60 that were destroyed, clearly the region has even more than that. There’s no way that $250 million was ever the right number,” she said.
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