Question 1: How will I be paid for my home/how will my home be valued?October 23rd, 2020
FiledOctober 23rd, 2020Answer 1: The way in which the landowner will receive compensation through the EWPP-Floodplain Easement Program (EWPP-FPE) will be via two purchase agreements. An “Agreement for the Purchase of Conservation Easement” from NRCS which will compensate you for the easement and structure, and a purchase agreement from the Town of Whitestown which will compensate you for the remaining fee title. The compensation values for the easement, structure, and remaining fee title will be determined by an appraisal completed by a licensed appraiser. The date of value is the date before the occurrence of the natural disaster.