ORDINANCE NO. _______________, SERIES 2017
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AN ORDINANCE AMENDING THE LOUISVILLE/JEFFERSON COUNTY METRO GOVERNMENT CODE OF ORDINANCES CHAPTER 157 RELATING TO THE FLOODPLAIN REGULATIONS (AMENDED BY SUBSTITUTION).
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SPONSORED BY: COUNCIL MEMBERS LEET AND JOHNSON
WHEREAS, The Legislative Council of the Louisville/Jefferson County Metro Government ("Council") acknowledges that flood protection is a high priority in the community which has several flood prone areas;
WHEREAS, Louisville Metro currently has over 12,500 structures located within flood prone areas, of which only slightly over 5,000 have insurance policies through the Federal Emergency Management Agency ("FEMA");
WHEREAS, major flooding following a record rainfall event on April 2nd and 3rd, 2015, coupled with an abnormally high frequency of heavy rain events over the past six years, left some property owners unable to repair their homes due to the 50% limitation over a ten-year period;
WHEREAS, as a result of the aforementioned situation, the Council temporarily amended Chapter 157 of the Louisville Metro Code of Ordinances ("LMCO") (the "Floodplain Management Ordinance") for a six-month period to provide that repairs to damage to structures in the floodplain shall be calculated on a per-incident basis rather than over a ten-year period as previously required;
WHEREAS, subsequent to the flooding event in April, a workgroup was created to identify potential short-term solutions for affected property owners and deliver recommendations to the Mayor, Council and MSD Board within 30 days;
WHEREAS, the workgroup was also charged with evaluating long-term solutions to mitigate damage to homes in Jefferson County located in the floodplain, and
WHEREAS, the workgroup has also been coordinating with the Greater Louisville Association of Realtors to improve property owner disclosure requirements to ensure that potential purchasers will receive adequate notice and information re...
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