Flooding in the Fargo-Moorhead area causes about $238 million of damage each year, and a 500-year flood event would likely flood almost all of Fargo, a large portion of Moorhead and surrounding communities. Six of the area’s top 10 floods have occurred in the last 30 years.
Before work was halted, project officials published a shortlist of potential partners for the P3 portion of the project, which includes the design, construction, financing, operation and maintenance of a 20,000-cubic-foot diversion channel and associated infrastructure. They are:
