HomeMy WebLinkAbout1993-005272 - sewer connect PEI�MIT
CITY OF ORONO PERMIT TYPE: �_,�:.;�;�� ��:�-�-��;
2750 Kelley Parkway • P.O. Box 815 PermitNumber: =:ti:�c:�;�Y•:
Orono, Minnesota 55356-0815 Date Issued: i ar:,i��_i°�.:?
(612) 473-7357
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APPLICANUPERMITEE SIGNATURE ISSUED BY:SIGNATURE
ADDITIONAL INFORMATION REGARDING
LETI'ERS OF MAP AMENDMENT
For Letters of Map Amendment (IAMAs), the Federal Emergency Management Agency
(FEMA) bases its determination on the flood hazard information available at the time of
the determination. Requestors should be aware that flood conditions may change or new
information may be generated that would supersede FEMA's determination. In such cases,
the community will be informed by letter.
Requestors also should be aware that removal of a property (parcel of land or structure)
from the Special Flood Hazard Area (SFHA) means FEMA has deternuned that the
property is not subject to inundation by the flood having a 1-percent chance of being
equaled or exceeded in any given year (base flood). This does not mean the property is
not subject to other flood hazards. The property could be inundated by a flood with a
magnitude greater than the base flood or by localized flooding not shown on the effective
idation�: �'.��d Insur�;e pr��gr�ar_ (NFIP� map.
The effect of a LOMA is that it removes the Federal requirement for the lender to require
flood insurance coverage for the property. The LOMA is not a waiver of the condition that
the property owner maintain flood insurance coverage for the property. Only the lender can
waive the flood insurance purchase requirement because the lender imposed the
requirement. The property owner must request and receive a written waiver from the lender
before canceling the policy.The lender may determine, on its own as a business decision, that
it wishes to continue the flood insurance requirement to protect its financial risk on the
loan. If the lender decides to release the property owner from the flood insurance
requirement, and the property owner decides to cancel the policy and seek a refund, the
NFIP will refund the premium paid for the current policy year, provided that no claun is
pending or has been paid on the policy during the current policy year. The property owner
must provide the written waiver to the property insurance agent or company that is servicing
his or her policy. The agent or company will then process the refund request.
1fie LOMA provides FEMA's comment on the mandatory flood insurance requirements of
the NFIP as they apply to a particular property. A LOMA is not a building permit, nor
should it be construed as such. Any development, new construction, or substantial
improvement of a property impacted by a LOMA must comply with all applicable
State/Commonwealth, local, and other Pederai criteria.
Even though the property is not located in an SFHA., as mentioned in the LOMA, it could
be flooded by a flooding event with a greater magnitude than the base flood. In fact, more
than 25 percent of all losses in the NFIP occur to property located outside the SFHA in
Zones B, C, X (shaded), or X (unshaded). More than one-fourth of all policies purchased
under the NFIP protect property located in these zones. lfiat risk is just not as great as the
flood risk to property located in SFHAs. To offer flood insurance protection to owners of
such property, the NFIP offers two types of flood insurance policies: the Standard Policy
and the Preferred Risk Policy (PRP). The PRP is available at low cost for buildings located
autside the SFHA with litde or no loss history. Information about the PRP and how one
can apply is enclosed. The Standard Policy is available for all other buildings. Individual
flood risk situadons and insurance needs should be discussed with an insurance agent or
company before making a final decision regarding flood insurance coverage.
FEMA has established "Grandfather" rules to benefit flood insurance policyholders who
have maintained continuous coverage. In addition, if property owner� �.ive outside the fringe
of the SFHA shown on an effective NFIP map and the NFIP map is ,ter revised to expand
the SF��iA to include their structure(s), their flood insurance polic •ates will not increase
as long as the coverage for the affected structure(s) has been con' �us. Property owners
would continue to r���:�� the lower insurance policy rates
IAMAs are based on minimum criteria established by the NFIP. State/Commonwealth,
��:,�sr.ty, ar.� ^,^,,rnmar::ty :�ff�ials, �as�d o:� '.viowle�ge of io:,al ��nditiar,� .s�d ir�the intere.st
of safety, may set higher standards for construction in the SFHA. If a
State/Commonwealth, county, or community has adopted more restrictive and
comprehensive floodplain management criteria, these criteria take precedence over the
minimum Federal criteria.
Letters issued to amend or revise maps must be attached to the community's o�cial record
copy of the NFIP map. That map is available for public inspection at the communit}�s
official map repository. Therefore, FEMA sends copies of all such letters to the affected
communit}�s off'icial map repository.
When a restudy is undertaken, or when a sufficient number of revisions or amendments
occur on particular map panels, FEMA initiates the printing and distribution process for the
affected panels. FEMA notifies community officials by letter when affected map panels are
being physically revised and distributed. In such cases, FEMA attempts to reflect the
results of the LOMA on the hew map panel. If the results of particular LOMAs cannot be
reflected on the new map panel because of scale limitations, FEMA notifies the community
by letter and revalidates the LOMAs in that letter. IAMAs that are revalidated in this way
become effective 1 day after the effective date of the revised map panels.