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Flood Fees: Princeton, B.C. public works faces $650,000 in claims with ICBC

Princeton, British Columbia ⁠— The Town of Princeton is still reeling from claims associated with last November’s flood events.

The town’s public works lost a total of 16 trucks and pieces of heavy-duty equipment⁠, resulting in approximately $650,000 in claims to ICBC.

The deductibles on the vehicles and equipment are standard amounts, according to the Town Director of Finance, James Graham. 

The municipality can apply to the province’s disaster relief fund to recoup 80 percent, or $40,000, of the deductible payout, costing Princeton’s public works about $10,000 per vehicle. 

“That could be found with relative ease in the budget,” Graham told the Vernon Morning Star.

During a recent special meeting, local construction company Spanmaster Structures was awarded a contract that will see the company build a temporary storage facility for public works.

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