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Michigan regulators are ordering the owners of the Edenville dam to make critically needed repairs to the structure.

Thousands of lake front property owners in mid-Michigan may have to pay hundreds or potentially thousands of dollars a year to get their lakes back.

The Edenville and Sanford dams were overwhelmed after days of heavy rain back in May. The dam breaches helped create a 500-year flood along the Tittabawassee River that forced thousands to evacuate their homes in Midland, Gladwin and Saginaw counties.

A company that owns two mid-Michigan dams that failed in May has filed for bankruptcy. The filings were made in the federal court in the Eastern District of Michigan.

A new report confirms that the Edenville Dam didn’t meet state standards before it failed in May.

The study was conducted by the Spicer Group, a Saginaw-based engineering firm, on behalf of the Four Lakes Task Force, a local group that was in the process of buying Edenville and three other dams at the time of the disaster.

Michigan’s Attorney General filed a lawsuit Tuesday against the owner of the two dams that failed last month causing historic floods.

On May 19, the Edenville dam failed after days of heavy rain. Torrents of water rushed downstream, overwhelming the Sanford dam and forcing thousands to evacuate.

A group representing Midland and Gladwin County residents wants an independent review of the failures of two dams last month that created historic flooding.

On May 19, after days of heavy rain, Edenville Dam broke, sending torrents of water downstream. The water overwhelmed the Sanford Dam. Thousands of people were forced to evacuate their homes in Midland County.

Michigan’s two U.S. Senators are calling for more regulation of privately owned dams, in the wake of this week’s massive flood on the Tittabawassee River.

Senators Debbie Stabenow and Gary Peters toured the flood zone Saturday by air and on the ground with local officials and FEMA’s regional administrator.

The failure of two privately owned dams Tuesday, after days of heavy rain, helped create the record setting flood on the Tittabawassee River that forced thousands to evacuate, and damaged homes, businesses, roads and bridges.