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City Council Agenda and Packet 1973 05 15
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City Council Agenda and Packet 1973 05 15
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3/11/2021 1:30:32 PM
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12/28/2009 3:22:29 PM
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City Council Records
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City Council Packet
Signed Date
5/15/1973
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CCAGPKT 1973 05 15
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• • <br /> • <br /> Insurance at federally subsidized rates may be purchased from <br /> local property and casualty agents and brokers for all existing <br /> structures in mounts up to $17,500 for single family houses and up <br /> to $30400 for all other residential and nonresidential structures. <br /> On structures, rates range from 25 to 60 cents per $100 of <br /> insurance, depending on their value. Contents may be insured up to <br /> $5.000, with rates ranging from 35 to 45 cents per $100 of insurance <br /> on residential contents and $ .75 per $100 of insurance on contents <br /> of nonresidential properties. <br /> Besides, covering against loss, the Federal flood insurance <br /> program helps promote sound floodplain menagemant and land use control. <br /> In becoming eligible for flood insurance, Mr. Bernstein said, <br /> communities must adopt land use measures appropriate to the <br /> characteristics and specific flood threat for the individual community. <br /> These measures are generally designed to guide future development <br /> away from flood hazard areas and set construction standards, such as <br /> minimum foundation and floor elevations. <br /> Official asps identifying local flood hazard areas can be <br /> examined at: ,` C6.` kw4ikti• <br />
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