The new floodplain map becomes effective
This is good news for property owners in the Green Acres and Mesa Verde subdivisions and
Two key facts to keep in mind -- when it comes to floodplains -- are:
* Insurance rates, set by
* Floodways are no-build zones.
"The end result is approximately 550 acres of land was reclaimed from approximately 1250 acres of floodplain," wrote
The flood-prone areas known as "floodway" have all been removed. Floodway areas are essentially "off limits" for development and if an existing home located in a floodway is destroyed, the house could not have been rebuilt, Dees explained. Removal of the floodway designation also removes a burden for development and ownership of the property.
Dees highlighted some benefits of the revision:
* The entire East Fork of the old floodplain --and a bit more -- is now eliminated, freeing it up for future development. "The areas which have been removed will be much more attractive to developers who are pursuing building houses and businesses in this area of the greater
* The new data also lowers the base-elevation of properties -- representing the water's surface during a 100-year flood event -- by about 1 foot for the majority of the area. Officials expect property owners will need to get new elevation certificates to determine more accurate insurance premiums, which could potentially be lower as a result of the revision. "For property owners who own homes in these areas, the requirement for flood insurance will be greatly reduced, if not completely eliminated," Dees wrote.
Bacon, who is very excited about the revision, estimates about 50 homes are no longer located in the floodplain.
"After about two years of battling back and forth with
Bacon said he intends to have more information next month, closer to the
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