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Comprehensive Plan Conservation Element <br />themselves. Consequently, floodplain management involves balancing economic gain from <br />floodplain development against the resulting increase in flood hazards. <br />To minimize potential off-site flooding impacts associate with development in SFHAs, the County's <br />Stormwater Management and Flood Protection Ordinance requires that an equal volume of storage <br />capacity be created on site for any volume of the base flood that is displaced by fill or structures <br />within the SFHA. The County's policy should be to continue this requirement as it offsets <br />development impacts within SFHAs. <br />Within the county, SFHAs are depicted on Flood Insurance Rate Maps (FIRMS) that are produced by <br />FEMA. Currently, FEMA is undertaking a FIRM modernization project in the county. This <br />modernization project entails assessment of current available flood studies and use of up-to-date high <br />resolution aerials to revise the County's FIRMs to be more accurate and useable in depicting flood <br />zones. The FEMA map modernization project is on schedule to be completed in 2011. Going <br />forward, the County should assist FEMA in modernizing the FIRMs by making local drainage <br />studies available to FEMA and by conducting public information workshops to advise development <br />professionals, as well as the general public, of the floodplain map modernization project. <br />Currently, Indian River County participates in the Community Rating System (CRS) of the National <br />Flood Insurance Protection (NFIP) program. By undertaking floodplain management activities <br />beyond the minimum requirements of the NFIP, the County has achieved a CRS rating of 6, a rating <br />which results in a 20% discount on all flood insurance premiums in the unincorporated county. By <br />participating in the NFIP CRS, the County is conserving flood storage capacity and other natural <br />functions and values of the 100 -year floodplain. For these reasons, the County should continue its <br />participation in the CRS program and should maintain or improve its current CRS rating. <br />Flora and Fauna Communities <br />Native Upland Communities <br />Over the past decade, the total acreage of all native plant communities in the county decreased. The loss <br />of these plant communities is largely attributable to development of previously undeveloped lands <br />within the Urban Service Area. Despite these losses, substantial progress has been made in the past ten <br />years with respect to lands acquired for conservation and restoration or protected under conservation <br />easements. These acquisitions include: <br />o Federal acquisition of land on north Jungle Trail for expansion of the Pelican Island National <br />Wildlife Refuge (±500 acres); <br />o State, SJRWMD and County acquisition of the Carson Platt Estate portion of the St. Sebastian <br />River Preserve State Park (+5,334 acres of the overall +22,000 acre park); <br />Community Development Department Indian River County 102 <br />