Loading...
Item B1 C/2 BOARD OF COUNTY COMMISSIONERS C ounty of M onroe Mayor David Rice, District 4 Mayor Pro Tem Craig Cates, District 1 The Florida Keys Michelle Coldiron, District 2 Vacant, District 3 Holly Merrill Raschein, District 5 County Commission Meeting April 20, 2022 Agenda Item Number: B.1 Agenda Item Summary #10493 BULK ITEM: No DEPARTMENT: Planning/Environmental Resources TIME APPROXIMATE: STAFF CONTACT: Emily Schemper (305) 289-2500 No AGENDA ITEM WORDING: Presentation of plaque awarding Monroe County a Class 3 status in the National Flood Insurance Program (NFIP) Community Rating System (CRS). ITEM BACKGROUND: Monroe County has been awarded a Class 3 rating in the National Flood Insurance Program (NFIP) Community Rating System (CRS). Achieving a preliminary Class 3 rating in the CRS increases annual savings to flood insurance for 14,400 policyholders in unincorporated Monroe County to $7.5 million dollars annually as of April 1, 2022. There will an annual average savings of $522 per policyholder. Cumulatively to date, the County has saved policyholders approximately $22 million. Unincorporated Monroe County joins a very elite group of other communities in a Class 3 or lower designation. According to the NFIP Insurance Manual, the City of Ocala and Pinellas County are currently the only communities ranked a Class 3, or lower of the more than 440 participating Florida communities. Nationwide, only 18 communities ranked as a Class 3 or lower of the 1,520 participating communities. More information on the local CRS program can be found at www.monroecounty-fl.gov/crs. PREVIOUS RELEVANT BOCC ACTION: CONTRACT/AGREEMENT CHANGES: n/a STAFF RECOMMENDATION: DOCUMENTATION: Qbdlfu!Qh/!2: C/2 FINANCIAL IMPACT: Effective Date: Expiration Date: Total Dollar Value of Contract: Total Cost to County: Current Year Portion: Budgeted: Source of Funds: CPI: Indirect Costs: Estimated Ongoing Costs Not Included in above dollar amounts: Revenue Producing: If yes, amount: Grant: County Match: Insurance Required: Additional Details: n/a REVIEWED BY: Emily Schemper Completed 04/07/2022 12:07 PM Bob Shillinger Skipped 04/07/2022 12:06 PM Purchasing Skipped 04/07/2022 12:07 PM Budget and Finance Skipped 04/07/2022 12:07 PM Brian Bradley Skipped 04/07/2022 12:07 PM Lindsey Ballard Completed 04/07/2022 12:34 PM Board of County Commissioners Pending 04/20/2022 9:00 AM Qbdlfu!Qh/!31