City of Coral Gables

File #: 22-4917    Version: 1 Name:
Type: Resolution Status: Adopted
File created: 10/27/2022 In control: City Commission
On agenda: 11/9/2022 Final action: 11/9/2022
Enactment date: 11/9/2022 Enactment #: 2022-279
Title: A Resolution of the City Commission adopting a public information program under the Community Rating System (CRS) Program to inform the community about flood risks and reduce flood insurance premiums associated with this program.
Attachments: 1. R-2022-279 -Signed, 2. Cover Memo, 3. Draft Resolution, 4. Coral Gables PPI Final

Title

A Resolution of the City Commission adopting a public information program under the Community Rating System (CRS) Program to inform the community about flood risks and reduce flood insurance premiums associated with this program.

 

Body

The City of Coral Gables is a participant in FEMA’s National Flood Insurance Program’s (NFIP) Community Rating System (CRS) program and is rated as a Classification 5 which provides for a 25% reduction in insurance premiums annually for all flood insurance policies. The city has prepared a Program for Public Information (PPI) to better inform the public about the hazards and risks associated with flooding and to better prepare the public to take responsibility for protecting their property. The creation of such a program, will benefit the City by Increasing Credit under CRS Activity 330.

 

Recommended Action

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