A £25million flood protection scheme being planned for Selkirk leads the way nationally, according to Scottish Government ministers.
The new scheme will safeguard 700 properties currently at risk of flooding from the Ettrick and Yarrow waters and the Long Philip and Shaw Burns.
It is the first scheme in Scotland to meet the requirements of the Scottish Government's Flood Risk Management (Scotland) Act 2009.
The project team are currently drawing up detailed designs for the scheme, and work to built it will get underway in summer 2014.
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The historic event always takes place on the last Friday in July.