08-23-21 Regular Meeting - Laserfiche WebLink

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REQUEST FOR CITY COUNCIL AGENDA ITEM Appropriation Agenda Date Requested:August 23, 2021 Requested By:Teresa Evans, Director Source of Funds:N/A Department:Planning and Development Account Number:N/A Amount Budgeted:N/A ReportResolutionOrdinance Amount Requested:N/A Exhibits:Resolution2021-53 Budgeted Item:YesNo SUMMARY& RECOMMENDATION The City of La Porte has participated in the Federal Emergency Management National Flood Insurance Program (NFIP) since 1972. Participationin the NFIP is voluntary andbased on a community's agreement to adopt and enforce, at a minimum, the Federal standards for building within a Special Flood Hazard Area (SFHA).The SFHA is also known as the FEMA floodplain or 100-year floodplain.The goal of the program isto help mitigate future losses caused by flooding through community enforced building standards.In exchange, the Federal Government makes flood insurance available as a financial protection against flood losses.The NFIP is designed so that floodplain management and flood insurance complement and reinforce each other.The partnership is established on the provision that FEMA will make flood insurance available to the citizens of a community, provided that the community implements floodplain management regulations that meet or exceed the Federal minimum requirements. In 1999, City s application toFEMA to participate in the NFIP Community Rating System(CRS). The CRS is a voluntary, federal program that rewards communities for exceeding the minimum standards of the NFIP in exchange for lower flood insurance premiums for eligible policy holders. 7 rating provides a 15% discount toflood insurance policyholders located in the floodplain. The Community Assistance Visit (CAV) is a major component of the National Flood Insurance Program (NFIP) Community Assistance Program (CAP). The CAV is a visit to a community by a FEMA staff member or staff of a State agency on behalf of FEMA that serves the dual purpose of providing technical assistance to the community and assuring that the community is adequately enforcing its floodplain management regulations. If any administrative problems or potential violations are identified during a CAV,the community will be notified and given the opportunity to correct those administrative procedures and remedy the violations to the maximum extent possible