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S j RESOLUTION NO. 93-173 f Y4 t WHEREAS, the Senate should not enact this Bill in its current form due to this inequity and fundamental unfairness to coastal property owners; NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF COUNTY COMMISSIONERS OF INDIAN RIVER COUNTY, FLORIDA, that: 1. The Board urges the Senate to reject Senate Bill 1450 in its current form due to its devastating impact on the tax base and fundamental unfairness to the nation's coastal property owners, and in particular, those in Florida who make up more than 43 per cent of all National Flood Insurance program policy holders. 2. The Board strongly recommends that the actuarial soundness of the National Flood Insurance Program be significantly increased by enforcing regulations to mandate that the other 8.5 million uninsured structures in federally designated flood areas be brought into compliance. 3. The Board further recommends that the controversial and scientifically unreliable mapping to create 30 and 60 year coastal zones of erosion be deleted until the chronic and repetitive riverine losses are addressed. The resolution was moved for adoption by Commissioner Eggert, and the motion was seconded by Commissioner Tippin, and, upon being put to a vote, the vote was as follows: Chairman Richard N. Bird Aye Vice Chairman John W. Tippin Aye Commissioner Carolyn K. Eggert Aye Commissioner Fran B. Adams Aye Commissioner Kenneth R. Macht Aye The Chairman thereupon declared the resolution duly passed and adopted this 5 day of October, 1993. C 0•':; BOARD OF COUNTY COMMISSIONERS Atteat" Jef K.. Ba t,on•; Clerk APPROVED AS TO FORM AND LEGAL SUFFICIENCY BY [-, C -Q" -t, ! WILLIAM G. COLLINS 11 DEPUTY COUNTY ATTORNEY INDIAN RIVER COUNTY, FLORIDA By l Richard N. Bird Chairman