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County may act on Timber Creek buyout plan

Tuesday, August 26, 2014 by Beth Cortez-Neavel

Travis County Commissioners will consider action today on an agreement that would bring funding to the county for continued buyouts of flood prone homes in the Timber Creek neighborhood. County voters approved a $3.9 million bond to act as a county match for a $10 million federal buyout program in 2005. The U.S. Army Corps of Engineers announced in early 2014 that it would fund $12 million more during the fiscal year toward the project. The county has been buying properties in the Timber Creek area since 2007 and has exhausted its county match. If commissioners vote to enter into the agreement, the county would be reimbursed for any buyout expenses past the $3.9 million match.

 

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