Title
Discuss and Provide Direction to Staff Regarding Proposed Revisions to the Floodplain Amendment Process
Summary
COUNCIL GOAL: Operational Excellence
MEETING DATE: November 16, 2015
DEPARTMENT: Development Services / Engineering
CONTACT: Mark Hines, P.E., Director of Engineering
RECOMMENDED CITY COUNCIL ACTION:
• Provide direction to Staff regarding proposed revisions.
ITEM SUMMARY:
• In cooperation with the Development Community, Staff has prepared an alternative to the current procedure for amending the FEMA floodplain maps. City Council was supportive of the concept at the October 5, 2015 Work Session (Agenda Item 15-954). Staff has continued to work with the Development Community since that time and are close to finalizing the amendments that will eventually be forwarded to the City Council for action. Staff wanted to ensure that the City Council is still comfortable with the direction of the proposed amendments. Pending direction from the City Council, Staff plans to present the ordinance amendments for approval at the December 1, 2015 Council Meeting.
BACKGROUND INFORMATION:
• Discussion took place at the October 5 Council meeting regarding protection of home buyers from risk. The Development Community has proposed protection via a pre-paid flood insurance policy for a period of two (2) years from the submission of the Letter of Map Revision (LOMR) to FEMA.
• While risk of going beyond two years does exist, it is minimal. Staff has not seen approval delayed by more than two years.
FINANCIAL SUMMARY: NA
BOARD OR COMMISSION RECOMMENDATION: NA