Borough planning commission hears update on Tanana River flood study
"Fairbanks is prone to flooding," said borough planner
Pruett noted that borough voters approved the borough's adoption of flood control powers in an
Pruett said that the chances of another massive flood such as the 1967 flood is extremely low, but it's still possible with the Tanana and
"One of the things to keep in mind with flood management and the Flood Insurance Plan is that visualizing the damage is a big part so that people can take the information and operationalize it," Pruett said.
The updated flood study includes 523 miles of newly mapped or remapped streams and waterways
Pruett noted the 1967 flood prompted
The borough is responsible for the flood control project levee's maintenance and certification. If the levee were ever removed, just over 21,200 homes and properties are in the
With the levee in place, only 11,592 properties are considered in to be in a high-risk flood area, or about 21.5% of the 54,000 properties in the borough
Updating the floodplain management plan has several layers, including hydrological and weather patterns.
"People had to actually go up and down the
The floodplain plan regulates development in a floodplain zone, including minimum base flood elevation based on a 100-year flood chance. Different areas of the borough have different elevations.
"We are trying to make sure people protect their property by building above the minimum level or at least taking the methods that are in consideration," Pruett said.
A home with a 30-year mortgage still has a one in four chance of being flooded over the home loan's period.
Pruett said while participation in the flood insurance program is voluntary, it was critical for a community the size of the borough.
Homes or businesses built in a special flood hazard area require a floodplain advisory and building specs must demonstrate a base flood elevation and that it won't be negatively impacted by flood waters. The base flood elevation factors in a 100-year-flood event.
"We try to ensure that we educate owners and that they are above that base flood elevation or where that water will reach during that 100-year event," Pruett said. "You won't be in compliance unless you're at least above the base flood elevation."
"The whole community of Salcha was being brought into the flood zone and those base flood elevations were going up significantly, in some areas a 10-foot change,"
"The reason why we did the entire
"We have better data and a more accurate model to map the area,"
Other areas, such as the
Pruett said about 932 homes will be removed from the high-risk flood area, while 318 will be folded into the designation.
"It is unfortunate in that flood insurance will become a requirement when people get a mortgage, but ultimately they will be able to mitigate any hazard with that knowledge," Pruett said.
Participation comes with federally-backed flood insurance, access to federal grants and loans, mortgage insurance and loan guarantees and disaster aid. Withdrawing from the program means federal assistance becomes more difficult to access.
"You cannot get a federally-backed mortgage if you own a property in a flood zone without flood insurance,"
"One of the most important pieces of our economy is being able to sell those properties and having the option of that federally-backed mortgage and the Flood Insurance Program,"
Pruett said the base flood elevation effectively drives insurance premiums. Homes built four feet below elevation have a
"With
For
"This is important because we are saving property owners millions of dollars because of this,"



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