Cost of last year's north Minneapolis tornado estimated at $80M

  • Article by: ERIC ROPER and RANDY FURST , Star Tribune staff writers
  • Updated: May 22, 2012 - 9:00 AM

The human toll of the May 22, 2011, disaster was visible from the moment the twister touched down, but the public and private costs to restore the community are now coming into better focus.

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stanbobMay. 20, 12 6:43 PM

and how much money is going to the vikings palace?

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reefungorioMay. 20, 12 9:01 PM

sounds like a bigger economic stimulus than the stadium.

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mglovettMay. 20, 12 9:42 PM

"The cost to taxpayers, largely to repair public infrastructure, will exceed $8 million. Of that, $6 million is expected to be reimbursed by FEMA and the state government." So taxpayers will pay 8 mil, and then other taxpayers will reimburse them 6 mil?

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libsrhypcrtsMay. 20, 12 9:43 PM

Hooray for the Vikings stadium. With nearly a billion dollars being spent on construction it will help our local economy much more than 80 million dollars spent on rehabbing homes.

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treddleMay. 20, 1210:23 PM

So, will I get the opportunity to vote on whether the taxpayers should bailout folks that chose not to buy insurance? And, if I do get the opportunity to vote on whether to bail out these folks that chose not to purchase insurance, will my vote be nullified and ignored by the state legislature? Personally, I would rather bail out the folks in North Minneapolis; but I cant afford bail them out and bail out the NFL. The state legislature chose to bail out the NFL. You folks in North Minneapolis should be pretty angry with them.

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ekholmMay. 20, 1211:17 PM

treddle, from the story it sounds like you get to vote by deciding what charities you choose to donate to, as any taxpayer money went to support PUBLIC infrastructure, and any insurance payouts supported people with insurance. FEMA did not declare the area a disaster area for private reimbursements; so going with that logic - private, donation supported entities picked up the tab for the uninsured.

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danderson45May. 21, 12 7:14 AM

A year later and nothing has changed.

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jeff4649May. 21, 12 1:37 PM

Based on the number of damaged homes it would have been cheaper to tear them all down and re-build them. It couldn't have cost $80m to do that.

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mnolletteMay. 21, 12 4:14 PM

lots of Insurance fraud in this storm.

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