LAKE DELTON, Wis. -- Lake Delton officials are deliberating how to repair its namesake body of water that was drained during flooding earlier this week.

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The local recovery efforts are continuing and water, sewer and power is almost completely restored for affected residents, WISC-TV reported.

Village officials said that the next issue on their agenda is how to fix the breach of a nearby roadway and to restore the lake.

On Monday, the rain-swollen lake overflowed its banks and burst through an earthen embankment. In the ensuing rush of water, five homes on the lake were lost or destroyed. The floodwaters carved a channel through nearby County Highway A and sent parts of homes and assorted debris careening down the nearby Wisconsin River. The highway once divided the lake from the river.

Heavy equipment, including backhoe, is now in Lake Delton in an effort to move forward and rebuild.

Tom Diehl, Lake Delton trustee and president and co-owner of "The Tommy Bartlett Show," said he's asking for a joint effort to help Lake Delton residents like Tim Fromm, who lost his house and land, or lakeside resort owners like Walter Bochenczak, who fears bankruptcy is imminent.

"Whether you're a homeowner or whether you're a business owner, we're all in this together and we need to just work together and focus to get this job done," Diehl said. "We need to make a bad situation better."

Officials said that a leadership team consisting of members from several emergency agencies will present options to the village board in two weeks.

Three options are currently being considered. One proposal is to build a levee device where the lake was. The second is to go downstream and rebuild County Highway A on top of a stand-alone dam. The third is to incorporate a berm and overflow valve into the rebuilding of Highway A.

Diehl said that Federal Emergency Management policies will impact the process.

"FEMA mandate is that the reconstruction process that the choice be the most economical one," Diehl said.

Diehl said that he and others are also trying to keep tourists. Affected business owners will offer big savings to some of the Wisconsin Dell's biggest attractions.

"Anyone staying at the lake resorts will get a 50-percent-off discount so that you have something that you can entice people to still come to your resorts," he said.

Bochenczak, who owns the Thunderbird Resort, is already offering big discounts, but said that he's already received about 85 percent cancellations in recent days.

The village's leadership team will come back to the board a week from Monday with their recommendation on a specific project ..

Meanwhile, "The Tommy Bartlett Show," a long-time fixture on Lake Delton, will host two performances on Friday at 4:30 p.m. and 8:30 p.m. Because the lake is now empty, the performance will obviously be limited to the stage show.

Diehl said that he has added some past favorite acts to enhance the stage show. He said lake or no lake, fans won't be let down.

The show was slated to return to the stage on Thursday, but was delayed because of the weather.

Some Residents Allowed To Return Home

After the disaster that drained the lake, residents of two neary homes left partially in tact were allowed back inside on Wednesday to salvage what they could.

The homeowners were allowed into the garage areas while firefighters looked inside the less-stable part of the structures, WISC-TV reported.

Stay tuned to WISC-TV and Channel 3000 for continuing coverage.