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What will be the estimated financial cost of the damage caused by the Waterville Dam failure by December 31, 2024?
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Resolution / Starting Odds
Less than $100 million • 25%
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More than $1 billion • 25%
Official financial assessments or government reports
Story
Catastrophic Failure of Waterville Dam in Newport, Tennessee Prompts Immediate Evacuations Amid Flash Flood Emergency
Sep 27, 2024, 07:33 PM
The Waterville Dam in Newport, Tennessee has suffered a catastrophic failure, prompting immediate evacuation orders for all residents of downtown Newport. The announcement was made by Cocke County Mayor Rob Mathis, who emphasized the urgency of the situation. A flash flood emergency has also been declared, affecting both Newport and Hartford, Tennessee. Authorities are urging residents to evacuate to higher ground immediately to ensure their safety. The situation has been described as life-or-death, and a state of emergency has been declared.
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