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The city has invited citizens who own homes that were affected by the 2015 and 2017 floods to a public discussion of possible FEMA buyouts or elevation funding for their property.

Notices were sent out Aug. 26 to all property owners whose property was impacted by either flood.

The meeting will be held at Riverbend School, 2085 Highway N, Thursday, Sept. 14, at 7 p.m.

City Administrator Steve Roth said it’s crucial for any property owner interested in a buyout to act quickly because of two factors ­­— not much time and not enough money to buyout all the affected properties in Pacific.

Roth said the purpose of the meeting is to present information on two grant funding programs that are now open to the city of Pacific.

Both programs deal with flood hazard mitigation (Hazard Mitigation Grant Program/HMGP), which is typically property buyouts or building elevation.

The city applied for this program last year and was approved, but FEMA ran out of funds and no Pacific properties were bought.

The city used the Flood Mitigation Assistance (FMA) program following the 2008 flood to buy out approximately 27 homes.

The deadline to apply for the current funding is Oct. 13.

“This is the city’s first priority,” Roth said. “We have to get the application for funds in.”

The HMGP deadline has not been set, but is expected to be early 2018.

Property owner participation in either program is voluntary.

“Funding for both programs is limited and the city will likely have to prioritize individual properties in order to submit a competitive application,” Roth said.

The priority of which properties qualify for the limited funding will be based on a worst case scenario, which homes were in the floodway and experienced the deepest water.

For the FMA program, property owners must have flood insurance under the National Flood Insurance Program (NFIP) to be eligible and must have experienced repeated flood losses in 2017, 2015 and 2008, or earlier.

Property owners who meet those two criteria are invited to contact Roth or Dan Rahn, floodplain manager, and say they are interested in buyout or elevation funding.

Information on the two programs is available on line at www.fema.gov/hazard-mitigation-assistnace or http://sema.dps.mo.gov/programs/mitigation management.php.