Council Urges Congress To Delay Flood Insurance Increase, 2014 Budget Hearing Dates Set
At its Tuesday meeting in Mathews, the Lafourche Parish Council went on record in opposing the pending Biggert-Water legislation that could possibly lead to significant increases in flood insurance premiums for parish home and business owners.
The Council voted unanimously to send a resolution urging Louisiana’s congressional delegation to take whatever steps necessary to delay the implementation of sections 205 and 207 of the act for four years to allow the Federal Emergency Management Agency (FEMA) to complete a federally mandated affordability study on proposed flood insurance rate increases, subsidy elimination and the revoking of grandfathered policies.
The Biggert Waters Act of 2012 phases out "grandfathering”, meaning properties that were built in accordance with all FEMA requirements and applicable codes may now be considered out of compliance - even if the owner has done nothing wrong, and there has been no flooding.
Biggert Waters Act of 2012 also implements an elimination of subsidies, which raises rates by 25% for the next three years.
Lafourche Parish is participating in the NFIP Levee Analysis and Mapping Procedures (LAMP) Pilot Program which takes into account non-accredited levees and other flooding mitigation measures by local municipalities.
Under Biggert-Waters 2012 most levees and flood mitigation features of Lafourche Parish would not be taken into consideration.
"A delay is imperative for our residents and the local economy. President Obama needs to recognize what this resolution represents: a delay would allow for a true affordability study, which would result in a common sense implementation of actuarial rates, as well as the allowance for grandfathering for those who have followed the rules,” stated Lafourche Parish President Charlotte Randolph.
In addition, the Council approved dates for two hearings on its proposed budget for 2014. Public hearings will be held on November 12 and on November 13 at 5:00 p.m. in the Council chambers in Mathews.
Following the hearings, the enactment of the budget ordinance is scheduled for November 26 at the Council’s regularly scheduled meeting that evening.
In other Council news, members approved a resolution on Tuesday authorizing the South Central Planning and Development Commission to apply for grants for the funding of a study of potential public transportation systems to service the parish and to conduct a public transportation feasibility study to determine what potential options may be available.
Posted on Fri, October 11, 2013