Title
Resolution Authorizing the Appropriation of $39,298 from the Home Elevation Revolving Loan Program Committed Fund Balance to the Emergency Management Operating Budget to Fund Costs Associated with the Administration of Home Elevation Projects
Purpose
PURPOSE/BACKGROUND:
In FY 2012, Council took the initiative to create a program to assist homeowners with flood mitigation. At that time, the program was envisioned as a loan program. To date no loans have been issued, but the intent of the program has come to fruition. The Emergency Management Department has worked diligently with homeowners and FEMA to assist homeowner’s in taking advantage of grants available to fund home elevation, and has been awarded $11,000,000 in the last few years. In order to ensure that the FEMA home elevation projects are done properly and efficiently, professional engineering and construction management services are needed. The following Resolution is presented to fund professional engineering and construction management services associated with the home elevation projects.
Discussion:
Funds were authorized and appropriated in prior fiscal years from the Home Elevation Revolving Loan Program to support construction management services. The requested action authorizes and appropriates the balance of the funds to the FY2020 Emergency Management Operating Budget.
Impact:
This initiative assists homeowners with repetitive flooding by mitigating their homes.
Recommendation:
Rec
Approve and appropriate $39,298 from the Home Elevation Revolving Loan Program committed fund balance to the Fiscal Year 2020 Emergency Managment operating budget for professional engineering and construction management services.
Body
WHEREAS, the Home Elevation Revolving Loan Program was established to provide residents living in flood zones, a low-interest loan for the purposes of raising the finished first floor above the flood elevation;
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