2013-0171
INTRODUCED BY: V.J. ST. PIERRE, JR., PARISH PRESIDENT
PAUL J. HOGAN, PE, COUNCILMAN, DISTRICT IV
CAROLYN K. SCHEXNAYDRE, COUNCILWOMAN-AT-LARGE, DIVISION A
CLAYTON FAUCHEUX, JR., COUNCILMAN-AT-LARGE, DIVISION B
TERRELL D. WILSON, COUNCILMAN, DISTRICT I
MARY TASTET, COUNCILWOMAN, DISTRICT II
WENDY BENEDETTO, COUNCILWOMAN, DISTRICT III
LARRY COCHRAN, COUNCILMAN, DISTRICT V
TRACI A. FLETCHER, COUNCILWOMAN, DISTRICT VI
JULIA FISHER-PERRIER, COUNCILWOMAN, DISTRICT VII
RESOLUTION NO.
Title
A resolution requesting the Louisiana federal legislative delegation request that Congress amend or revise the Biggert-Waters Flood Insurance Reform Act.
Body
WHEREAS, since 1968 the historical purpose of the National Flood Insurance Program (NFIP) was to provide affordable flood insurance in exchange for using FEMA generated and specified Flood Insurance Rate Maps (FIRMs) for floodplain management by a participating community; and,
WHEREAS, generations of Louisiana home and business owners have made lifelong plans and investments based on the existence of affordable flood insurance as proposed by FEMA in the NFIP and have dutifully complied with and enrolled in the NFIP for the past 45 years; further, in many cases, these properties are the owner's largest investment; and,
WHEREAS, most of the issues we face in the loss of our coast and the historical protection from flooding we enjoyed for generations are by and large traceable to Federal Policy. Further, the majority of the NFIP policyholders are required to have flood insurance to meet the terms of a federally backed mortgage; and,
WHEREAS, through the passage of the Biggert-Waters Flood Insurance Reform Act (Public Law 112-141, aka: BW12) signed into law by President Obama on July 6th of 2012, the NFIP was revised such that the public's trust and reliance on the program to provide affordable flood insurance protection for prior investments in their homes and businesses...
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