Laserfiche WebLink
0 <br />Federal Emergency Management Agency <br />Region VI Federal Center Denton, Texas 76201 <br />Honorable Jim Shirrell <br />Mayor, City of Batesville <br />170 South Fourth Street <br />Batesville, AR 72501 <br />Dear Mayor Shirrell: <br />August 19, 1982 <br />Your ordinance which was submitted to this office, satisfactorily meets <br />the requirements of Section 44 CFR 60.3 (d) of the National Flood Insurance <br />Program (NFIP) Regulations. On the basis of our acceptance of your <br />ordinance, your cotmnmity's eligibility in the National Flood Insurance <br />Program will be continued. <br />The date of your comnmity's Flood Insurance Rate Map (FIRD is the <br />effective date for the authorization of the sale of first and second <br />layer flood insurance coverage at actuarial rates for all new construction <br />and substantial improvements to existing structures within your camunity. <br />First layer coverage on structures built prior to the date of your FIRM <br />will continue to be made available at subsidized rates, unless substantial <br />improvements are made to the structure. <br />The actuarial rate zones and base flood elevations applicable to your <br />comrnm.ity are indicated on the FIRM. You should be aware that actuarial <br />rates for insurance on a structure increases as the first floor elevation <br />140- of the structure decreases below the base flood levels established for <br />your cotummity. In addition, on the effective date of the FIRM, the <br />FIRM supersedes all previous maps for the purpose of determining whether <br />individual properties are located inside or outside the area having <br />special flood hazards; and, after that date, new construction will be <br />charged actuarial rates which may be higher if the construction is not <br />built in compliance with the flood plain management requirements of the <br />ITFIP . <br />The effective administration and enforcement of your adopted flood plain <br />u anagemen.t regulations will enable your comrrn pity to substantially <br />reduce its future flood losses through the wise management of its flood <br />plains. <br />You should keep us advised, through your annual report, of any problems <br />associated with the administration of these regulations and of any <br />variances granted for construction not in accordance with the adopted <br />standards. <br />Sincerely, <br />f� R. Dell Greer, Chief <br />�j Natural and Technological Hazards <br />Division <br />