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16. Review Fee for TIF Individual Assessments. This item relates <br />to the previous item, and allows establishment of a specific <br />fee to review TIF individual assessments. It should be noted <br />that a resolution establishing a $500.00 review fee for TIF <br />individual assessments will be considered by the Board when it <br />considers this LDR amendment. <br />17. Changes to Subdivision Application Submittal Requirements & <br />Procedures <br />A. & B. <br />These changes represent <br />preliminary plat submittal <br />staff and the PSAC. <br />C. & D. <br />minor modifications to <br />requirements agreed to by <br />These changes are minor modifications to land development <br />permit submittal requirements agreed to by staff and the <br />PSAC. <br />E. This change would allow a developer, at his or her <br />option, to submit at the same time a preliminary plat and <br />a land development permit for concurrent staff review. <br />18-. FEMA -Recommended Changes to Stormwater Management & Flood <br />Protection Requirements. Glenn Woodward, Chief of FEMA's <br />Division of Natural and Technological Hazards, wrote a letter <br />to the County Administrator on October 28, 1993 (see <br />attachment #2). In his letter, Mr. Woodward identified <br />deficiencies in the County's Flood Protection Ordinance that <br />"must be corrected in order to assure compliance with the <br />various regulations of the NFIP" (National Flood Insurance <br />Program). <br />As a participating NFIP community, Indian River County is <br />obligated to comply with FEMA requirements, or risk losing <br />federal flood insurance for residents in the unincorporated <br />county. The LDR changes proposed in this section of <br />amendments fall into the category. of "required" (Subsection A) <br />and "recommended" (Subsection B & C) changes. <br />Subsection A: This proposed subsection amendment would <br />specify the method, required by FEMA, to determine the minimum <br />elevation of structures proposed to be built within a <br />floodplain where no base flood data are available. <br />Subsections B & C: Suggested Revisions: 1 Foot "Freeboard". <br />Although not required, FEMA strongly recommends that the <br />County require all new and substantially improved buildings be <br />elevated at least 1 foot above Base Flood Elevation (BFE). <br />Prior to 1987, County ordinances contained this. "freeboard" <br />requirement. However, in 1987, the requirement was deleted to <br />reduce construction costs. <br />* Advantages <br />In his letter, Mr. Woodward explains FEMA's position that the <br />long-term benefits of requiring 1 foot freeboard outweigh the <br />short-term development cost savings of not requiring the <br />freeboard. Using as an example a $100,000 single-family home <br />with $50,000 contents coverage, he notes that a 1 foot <br />freeboard would save the owner $105 annually in insurance <br />costs, $3,150 over the course of a 30 -year mortgage. The <br />August 15, 1994 <br />7 <br />BOOK 93 ;vuE <br />6� <br />J <br />