November 8, 2016

MEMO TO:           Mayor Barber and Board of Commissioners

FROM:                  Frank A. Rush, Jr., Town Manager

SUBJECT:           2016 Floodplain Management Progress Report

The Board of Commissioners should note the attached information submitted by Josh Edmondson, Town Planner, to the National Flood Insurance Program as part of the Town’s participation in the Community Rating System. 

The National Flood Insurance Program's (NFIP) Community Rating System (CRS) is a voluntary incentive program that recognizes and encourages community floodplain management activities that exceed the minimum NFIP requirements.  The Town’s participation in the CRS results in flood insurance premium rates that are discounted to reflect the reduced flood risk resulting from the Town’s various initiatives to reduce flood damage in Emerald Isle. 

The CRS uses a Class rating system that is similar to a fire insurance rating to determine flood insurance premium reductions for property owners.  CRS Classes are rated from 9 to 1.  Emerald Isle maintains a 7 rating, which entitles property owners in Special Flood Hazard Areas (SFHAs) to a 15 percent discount on their flood insurance premiums (each reduced rating class results in an additional 5% discount).  In order to maintain this rating, the Town must implement various initiatives, including enforcement of the floodplain management ordinance, public education efforts, and various other hazard mitigation strategies. 

As you know, the Town was a partner in, and adopted the Pamlico Sound Regional Hazard Mitigation Plan (consisting of various local governments in our region, including Carteret County) in June 2015.  In order to be recertified for the CRS, the Board of Commissioners must receive an update on various efforts by the Town to implement strategies included in the Pamlico Sound Regional Hazard Mitigation Plan.  The attached information from Josh Edmondson satisfies this requirement.

Josh Edmondson and I are happy to answer any questions the Board may have about the CRS program and the Town’s initiatives.