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FM Diversion and Dam Increases national debt

Archive for February 2018

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Fargo Dam and FM Diversion Costs as of January 31, 2018

Fargo Dam and FM Diversion Costs as of January 31, 2018

Fargo Diversion Authority spent another $ 781,405.40 from December 31, 2017 to January 31, 2018. Over 26.5 percent of the original projected cost. The Fargo Diversion Authority has pumped over $125 million into OHB ring-dike-levee and private country club, which provides ZERO FLOOD PROTECTION BENEFIT TO FARGO, all courtesy of state and local taxpayers. With unfinished internal flood protection projects the Fargo Diversion Authority continues to pump millions into the non-flood prone OHB ring-dike-levee and private Oxbow Country Club, courtesy of state and local taxpayers.

Oxbow ND the Losing Proposition

Oxbow ND the Losing Proposition

With these properties for comparison, it appears that the new clubhouse is seriously undervalued for taxation purposes and most likely cost more to construct than the 2017 taxable valuation of the entire country club.

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