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I take it you don't remember the 1997 or 1986 floods, both of which followed storms far worse than the ones that have been hitting us lately. This kind of sustain rainfall isn't common, but it does happen periodically and is perfectly normal for northern California. Before the days of the levees these kinds of storms would join the Tuolumne and Stanislaus rivers into one vast body of water and replenish the entire floodplain between them.
And yes, a hole can be drilled in your foundation to allow water to exit without undermining your foundations integrity, but you'll want to make sure that it is properly piped away from the house, DOWNHILL, so the hole doesn't become a way for water to get IN.
By the way, I used to own a beautiful piece of land up in Columbia myself, but sold it because I got tired of dealing with the methhead theives and the freeper neighbors. I'm thinking about giving it another go with some acres up by Coulterville, but I was just offered a piece of land near Murphys and was wondering what you thought of that area. I've been up 4 quite a few times over the years, but I'm not familiar enough with the area to know if it shares the same problems as Columbia.
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