ORDINANCE NO. __________, SERIES 2015
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AN ORDINANCE TEMPORARILY AMENDING SECTION 157.02 OF THE LOUISVILLE/JEFFERSON COUNTY METRO GOVERNMENT CODE OF ORDINANCES ("CODE") RELATING TO FLOODPLAIN MANAGEMENT; DECLARING THE ENACTMENT OF THIS ORDINANCE AN EMERGENCY [AS AMENDED].
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Sponsored By: Councilmembers Steve Magre, James Peden, Angela Leet, Jessica Green, Barbara Shanklin, David James, Kelly Downard, Dan Johnson and David Yates
WHEREAS, Chapter 157 of the Code (the "Floodplain Management Ordinance") contains provisions limiting the amount of repairs of damaged structures within the floodplain to 50% of the market value of the structure during a ten-year rolling period;
WHEREAS, major flooding following a record rainfall event on April 2 and 3, 2015, coupled with an abnormally high frequency of heavy rain events over the past six years, have left some property owners unable to repair their homes due to the 50% limitation over a ten-year period;
WHEREAS, there is currently no system in place to notify property owners how close their properties are to reaching the 50% limitation on repairs to substantial damage;
WHEREAS, as a result of the aforementioned situation, a workgroup has been created to identify short-term solutions for affected property owners and deliver recommendations to the Mayor, Metro Council, and MSD Board within thirty (30) days;
WHEREAS, the workgroup has also been charged with evaluating long-term solutions to mitigate damage to homes in Jefferson County located in the floodplain, and delivering its recommendations to the Mayor, Metro Council, and MSD within six months;
WHEREAS, in the interim, until the workgroup provides its recommendations, the Council wishes to temporarily amend the Floodplain Ordinance for a six-month period to provide that repairs to substantial damage shall be calculated on a per-incident basis, which is consistent with minimum National Flood Insura...
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