click here for the full story!
People who live at the River's Edge Condominiums in Eagle River may soon get some news they probably won't like. An attorney who represents the condos' homeowners association said dues are likely to go up for everyone there to help pay for earthquake damage, even if their condo wasn't damaged.
Nov. 30's 7.0 quake caused extensive damage, including cracks in the foundations of at least eight units that back up against a hill. Municipal inspectors said the soil liquefied during the violent shaking, which caused severe damage to the homes' foundations. Those residences have been "red-tagged," meaning it's not even safe to go inside.
Ed McClure is one of the residents who has been forced to move. He's now living in his daughter's home, which isn't accessible for the wheelchair he uses. He owns his condo and even had earthquake insurance, but his daughter, Mallory Valentine, said the insurance only covers the items inside.