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There are signs, and there was a consultation, and there are bits on Southwark's website to explain it.


But, in short, some floods in 2004 caused the owners of houses in and around Dulwich Village to put in insurance claims of over ?1m. This has, as you'd expect, raised the premiums considerably, to the utter distress of everyone.


To relieve this distress the Council and Thames Water have, between them, decided to donate around ?4m of the spare money we've paid in taxes and water bills to a Grand Scheme of Flood Defences, with the aim of turning the Park into a swamp when it rains, rather than letting the rainwater gurgle down the hill and frighten the rich folk.


As far as I know, the insurance industry has not offered any financial help, presumably because the claims are no more than a historic blip on their radar from which they're handily profiting. Thames Water has been more generous, but as it's them that are doing some of the work, they can probably afford to be generous. Besides, a tax-deductible donation to a community project looks good in a way that fixing drains, especially drains that haven't flooded in a decade, doesn't.

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https://www.eastdulwichforum.co.uk/topic/46061-dulwich-park/#findComment-759225
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