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Request for Commission direction on proposed changes to Chapter 152, Flood Regulations to enhance the Community Rating System (CRS) Program.
(Fiscal Impact: N/A)
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(Staff Contact: David Recor/ Jean E. Dolan/ Paola West)
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Summary Explanation/Background:
The National Flood Insurance Community Rating System (CRS) program requirements were modified in 2013 and the City must comply with the new requirements beginning at the next CRS 5-year Audit which is currently expected to occur sometime in 2018. Under the new requirements, upgrades are necessary to the current CRS program to maintain the City’s current CRS rating of 7. Before making the amendments to Chapter 152 being contemplated, staff is seeking Commission approval to move forward with the recommended amendments so that these regulations can be in place prior to the 2018 CRS Cycle Visit. Based on the outcome of that CRS audit, the City’s CRS program will be re-evaluated and the intent is to ensure that, at a minimum, the current rating of 7 is maintained. Additional recommendations for changes to the City’s CRS program will be forthcoming as the Cycle Visit approaches with the goal to move to a CRS rating of 6 (20% discount) or even 5 (25% discount) once the changes are in place and evaluated by the CRS inspectors.
Origin of request for this action: Development Services
Fiscal impact and source of funding: N/A
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RStrategic Plan Initiative
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Management in Progress #4: CRS Format Conversion & Code Amendment, FEMA.
Goal 4, Objective 6: Prepare and Plan for Sea Level Rise.