Informal Report No. 9764 (June 16, 2015) and IR No. 9912 (August 2, 2016) advised City Council of the process to enhance the City's Floodplain Management Plan (FMP). That process has been completed and this Mayor and Council Communication (M&C) recommends adoption of the enhanced FMP. The process to develop the enhanced FMP included three Stakeholder meetings, two public meetings, and dedicated social media outreach efforts and questionnaires posted to the City's website. The enhanced FMP follows the FEMA 10-step planning protocol, and achieves the following goals: * Documents flood risk areas City-wide, with a focus on the FEMA regulatory floodplains. * Evaluates economic impacts of flooding to properties within the FEMA regulatory floodplains. * Evaluates levees, dams, mapped flood zones, and drainage complaint locations. * Documents a prioritized mitigation action item list based upon public input. Also, following the FEMA planning protocol will help improve the City's Community Rating System (CRS) classification. CRS evaluates communities with high-performing floodplain management programs and rewards those communities by reducing flood insurance premiums for eligible policies. Fort Worth has participated in CRS since 2012, and is currently rated as a Level 8 CRS community, earning a 10 percent premium discount on eligible flood insurance policies. Staff believes that the CRS level can be improved to at least Level 7 which will result in an additional five percent premium discount on eligible flood insurance policies. At their May 25, 2016 public hearing, the City Plan Commission approved an action to recommend adoption of the FMP to City Council.
This M&C does not request approval of a contract with a business entity. A copy of the report can be found attached herein: http://fortworthtexas.gov/files/FMP%202016-06-17.pdf |