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It is the purpose of this chapter to promote the public health, safety, and general welfare, reduce the annual cost of flood insurance, and minimize public and private losses due to flood conditions in specific areas by provisions designed to:

(1) Protect human life and property;

(2) Minimize the expenditure of public money;

(3) Minimize the need for rescue and relief efforts associated with flooding and generally undertaken at the expense of the general public;

(4) Minimize prolonged business interruptions;

(5) Minimize damage to public facilities and utilities, such as water and gas mains; electric, telephone, and sewer lines; and streets and bridges located in flood hazard areas;

(6) Help maintain a stable tax base by providing for the sound use and development of flood hazard areas so as to minimize blight areas caused by flooding;

(7) Notify potential buyers that the property is in a special flood hazard area;

(8) Notify those who occupy flood hazard areas that they assume responsibility for their actions; and

(9) Maintain the city’s flood insurance eligibility while avoiding regulations which are unnecessarily restrictive or difficult to administer. (Ord. 1486 § 2 (Exh. B), 2020; Ord. 929 Ch. 10(F)(1), 1995).