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• <br />site is located in special flood hazard area Zone AE with base <br />flood elevations of 7.0, 8.0 and 9.0 feet NGVD. The ten year <br />stillwater elevation is 5.0 feet. The proposed displacement of the <br />floodplain below 5.0 feet for which the waiver is requested is <br />47,384 cubic yards (29.37 acre-feet) as indicated in the attached <br />letter from the applicant's engineer dated October 4, 1999. <br />ALTERNATIVES AND ANALYSIS <br />The project meets the cut and fill balance waiver criteria provided <br />in Section 930.07(2)(d)1. of being situated in an estuarine <br />environment within the 100 year floodplain along the Indian River <br />and in staff's opinion it appears that all other Stormwater <br />Management and Flood Protection Ordinance requirements can be met <br />without adverse impact on other lands in the estuarine environment. <br />A separate request for a Land Development Permit has been received <br />by the Public Works Department. <br />Alternative No. 1 <br />Approve the cut and fill balance waiver request. <br />Alternative No. 2 <br />Deny the waiver request and require re -design to <br />accomplish an on-site balance of cut and fill. <br />RECOMMENDATIONS AND FUNDING <br />Staff recommends approval of Alternative No. 1 <br />ATTACffiKSNT <br />1. Letter from Stephen E. Moler, P.E. dated October 4, 1999 <br />ON MOTION by Commissioner Adams, SECONDED BY <br />Commissioner Ginn, the Board unanimously (4-0, <br />Commissioner Stanbridge absent) approved the cut and fill <br />balance waiver request for Island Club Riverside Phase IV -VL <br />as recommended in the memorandum. (Alternative No. 1) <br />October 19, 1999 <br />35 <br />BOOK 111 PAGE <br />• <br />