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Item O4BOARD OF COUNTY COMMISSIONERS AGENDA ITEM SUMMARY Meeting Date: _September 17, 2014_ Division: County Administrator Bulk Item: Yes No X Staff Contact /Phone #: Lisa Tennyson, x 4444 AGENDA ITEM WORDING: Presentation on the modeling being used in Monroe County's Coastal Flood Risk Study being conducted as part of FEMA's flood hazard map update process currently underway. ITEM BACKGROUND: Michael DelCharco, P.E. of Taylor Engineering is the Project Manager for FEMA's Southeast Coastal Studies, which includes the updating of Monroe County's flood hazard maps ("re -mapping"). FEMA is currently updating the Monroe County storm surge analysis, previously developed in 1988. The study will proceed in two phases: The first phase includes developing new, state-of-the-art hurricane storm surge models developed specifically for the region using LiDAR topographic data, best available bathymetric data, NOAA storm meteorology, and historic surge data. The second phase will use the new storm surge analysis to remap the flood hazard areas (such as Zone V and Zone AE) and develop all new Flood Insurance Rate Maps (FIRMS) for the County. Flood Hazard Mapping is an important part of the National Flood Insurance Program (NFIP), as it is the basis of the NFIP regulations and flood insurance requirements. FEMA maintains and updates data through Flood Insurance Rate Maps (FIRMS) and risk assessments. FEMA uses the best available technical data to create the flood hazard maps that outline a community's different flood risk areas. PREVIOUS RELEVANT BOCC ACTION: NA CONTRACT/AGREEMENT CHANGES: NA STAFF RECOMMENDATIONS: NA TOTAL COST: NA BUDGETED: Yes No COST TO COUNTY: INDIRECT COST: DIFFERENTIAL OF LOCAL PREFERENCE: SOURCE OF FUNDS: REVENUE PRODUCING: Yes No AMOUNT PER MONTH Year APPROVED BY: County Atty _ OMB/Purchasing DOCUMENTATION: Included Not Required DISPOSITION: Risk Management AGENDA ITEM # Revised 7/09