Mesothelioma and Asbestos

The Federal Emergency Management Agency (FEMA) approved a $1.17 repetitive flood claims grant for the demolition of the Riverside Inn in Ozark, Missouri. The owners of the restaurant will receive $996,014 for acquisition of the property, as well as the remaining $174,437 will cover asbestos abatement as well as other demolition costs. Fair market value of the property had been assessed at $322,000, as well as there is some question about how the acquisition amount was determined.

The historic Riverside Inn has stood in a flood plain for 86 years. It has flooded many times, but the flooding has become far more repeated. The restaurant flooded three times final year alone, which was finally what convinced the owners to consult the county to submit the grant proposal on their behalf. Since 2002, five floods possess caused $742,291 in damages. The damage was covered by the National Flood Insurance Program.

The owners possess the option to reopen elsewhere under the alike name, as well as to remove interior fixtures as well as other items before the demolition. The restaurant will remain unfastened until the owners are given formal notice, when they will then possess 40 days in which to close.

For the filled story, go to Springfield News-Leader.