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Home My WebLink AboutDocumentation_Regular_Tab 10B_01/13/1994 , 01-12-94 13: 4`l P. B. C0. MUNICIPAL LERGUE 088 P01i6'l _ POSt�I� bratld fax h'artsrrtitta► memo 76Tf •.��.�.. ► Q�( � Cb, ��it� /0 - _ �5 - �l � �1.s N t Palm Beach Count MU�VIL'1NA� ��A��E � r P.o, gOx yg8s, aovERNMEN7AL CENTER, wEST P�I,M BEACH, FLORID�► 3�102 (407) 3s5�484 M$ M O R� H D O x � , � ��'%� ViLLAG�� :�r �� 'l�Os 2sayors �nd l�taaaqe�s �t�QUc�7�r1 � --j � �Ar� � � -:�� FR: Jack Ho=niman, Exec t' Director - Pa1m Beach County l�u pa� Leaque MANAGER'5 DT: January 12, 1994 � � OFFICE �� RB: ffi�TIOZiAi. F.LOOD IHSURA�C$ PROGRA�M • . f*s�rff:*r��t:�r#**t:t�**�:*,��*��::t#*��t�t�t�*t��*,� Please find attached a Reeolution that the Palm Beacb Caunty Kunicipal League is propoginq to be adopted by a�l of our pala Seach Caunty municipalities. At the Leaque'� January 12, 1994 Board of Directore meetinq, the Board nnanimously �pproved this Resolution and asked that it be sent to the municipala�ties individually for action. Due to the time congt�aiat, we are sepdiag it to the municipalit�.es for approva�� before our January 26, 1994 General meetinq, at which t.i.�ae we wi�.l also be discuesinq tbis iesue. There is leqislatian i.n the Onited States Eouse of Repre�entativea apoasored by Congressman Joseph Rennedy of Massachueetts ($R 319Z) and in the Dnited States Sen�te sponsvred by S�aator John Rerry of Hassachusetts (no SR $s yet) th�t would substantially chaage the National Flood Insurance Proqram and have a huqe impaat on ta�cable value vf coastal p�opertieg and in turn tax revenuee collected by �.ocal governments. In Pa7.�t Beach County �lone, our Property Appraiger hns estimated that approximately 8.8 bil�ion dollars vf taxable value cauld be put at �isk by this legialation. Zn Palm Beach Couaty, the nv�raqe tax payer pays approximately 20 mills in pXopexty taxes per ye�r. Baeed on this average, approximately 200 million dollarg of tax revenues c�uYd be lost per year in Palm Beach County if th.�� proposed Legislation ig pa$sed by Congreas. The Reso�,ution attaahed Reaolution opposes the Rarry/l�ennedy progaeal and supports counter leqislation being propo�ed by SeAntora Mack �Florida}, Gram:a (Texas} and D'Amato (New York) that removes provisions of a Kerry/Kennedy Bill that create the ecoaomic impact I have described above. For your inf�rmation, the P�].a� i� . �� i � ; RESOLUTION NO. 11 - 93�94 � I A RESOLUTION OF THE VILLAGE COUNCIL OF THE VILLAGE OF TEQUESTA, PALM SEACH COUNTY, FLORIDA, OPPOSING HOUSE OF ' REPRESENTATIVES BILL 3191 AND SENATE ; BILL 1405 REGARDIHG THE NATIONAL FLOOD � INSURANCE REFORM ACT OF 1993 AS THEY ARE � CURRENTLY WORDED AND RECONII�ENDING i REVISIONS THERETO. � WHEREAS, the current Bills referenced above are being deliberated in the U.S. House of Representatives and Senate as the National Flood Insurance Reform Act of 1993; and � WHEREAS, the Bills recognize the need for reform of the present national flood insurance program to be more � actuarially sound; and � WHEREAS, the Bills would require mapping the entire U.S. coastline at a cost of twenty-five million dollars ($25,000,000.00) to be paid from policy premiums in order to I establish thirty ( 30 ) year and sixty ( 60 ) year erosion zones; and I WHEREAS, the establish.ment of said thirty ( 30 ) and sixty ( 60 ) year erosion control zones is arbitrary and unpredictable throughout the United States and is highly controversial; and WHEREAS, these Bills do not permit flood insurance for any new construction or additions to existing structures located in the thirty (30) year zone; and i WHEREAS, these Bills do not permit flood insurance for any non-residential structure or residential structure not readily movable that is located in the sixty (60) year zone; and WHEREAS, these Bills would prohibit federally-backed mortgage financing institutions from financing structures within flood-prone areas unless such structures were insured under the National Flood Insurance Program; and WHEREAS, these Bills would, therefore, greatly diminish the value of property within virtually every coastal community in the Nation because owners could not insure the structures on their property or sell to buyers who desire to finance the purchase of such property; and . , 01-12-94 13: 4`l P. B. C0. MUNICIPAL LEACaUE 066 P01 i0'l Pbtt-It" brarld fa�c trartsmittal memo 7671 � Palm Beach �ounty MUIVIL`1NAL ��AUU� P.O, 80X 198g, C30VERNMENTAL CENTER. WE57 PA(J�+18E/1CH, FLORIDA 33�02 (407) 35lr44A4� MBMOR�HDD1� iC` �O: Mayors �nd lria�aageze FR: Jack Horniman, Exec t' D ector Pal.m B@ach County lriu pa�, League I DTs RB: January 12, 1994 H�TI0�1AL F.X,OOD IHSURAI�IK'�S PROGRA,M ; .�a r� � A , --�� VlIiAGE MAlVAGER'S OFFICE �' ; . _.� � ViLLAG�. ��;r `� 'tEQL�c� i �1 � tts*ftt��t:�r#*�t*t*�*�:*,�**rr*::ts�rr��*�*t�f*:*,r�**,r Pleaee find attaohed a Reaolution that the Pal� He�cb County I�uaicipal I,eAgue is proposinq to be adopted by a�,l of our Pala Seach County municipalities. At the League'e January 12, 1994 Boa�d of D.irectors meetinq, the Board unanimonsly a�gproved this Reaolution and a$ked that it be sent to the mnnicipal�ties iadividually for action. Due to the time conetraint, ae are seAdiag it to the municipaliti.es for appraval before our January 26, 1994 General meetinq, at which time we will aleo be discuesinq tbis issue. There is leqislation i.n the United States gouse of Repre�entativea aponsor�d by Congressman JoBeph Rennedy of Massachusetts ($R 3191) and in the Dnited States Senate sponsored by Senator Jahn Rerry of Massache�eetts {no SR as yet) th�t would substantially change the Natioaal Flood Insurance Proqram and have e 6uge impaat on taxable value of coa$tal p�operties and in turn tax revenues collected by l�ocal governmenta. Ia Pa�m Beach County alone, our Property Appraiger hna estimated that approximately 8.8 bil�ion dollars of taxable value could be �aut at �isk bg this Iegislation. In Palm Beach County, the averaqe taa payer pays approximately 20 mills in prope�rty taxea per yeur. Baeed on thig average, approximately 200 m.illion dollarg of tax revenues c�uld be lost p�r year in Palm Beach County if thi� proposed Legislation ie paesed by Cr�ngress. The Resolution attached Ae�olution opposes thB Rerry/1Cennedp propo�al and supporte counter leqislation being propo�ed by Se��tore l�aCk �Florida}, Graaaa (Texas} and D'Aaiato (New Yark) that removes provisions of a Rerry/Kennedy Hill that create the econo�mic i.mpact I have described above. For your inf�rmation, the P,n].a� 01-12-94 13: 4`1 P. 8. C0. MUNICIPRL LEA[�7.JE 00B P02i0`1 Beach Caunty Baard of County Commisaioner� is considering pasaing a similar Reeolution; also the Broward Soard of Couaty Coamisaioners has already pasged a Resolution Qi.m�.lar to the one atte�ched. i�le a�ce also zequeeting that the Broward Le�gue and the Dnd� I,eague paes a sis�ilar Reeolution and to ask each of their eities to individually pass a si.mil8r Reeolutian ae well. The attached Aesoluti.on should aerve as a gaod model for this purpose. Time is of the esaence as i.t is expected that this legialation vill be brought to the f loora of the House and Senate at the ead of Jannary 1994 or the beginning of February i994. We are aekinq Pala He$ch County municip�lities to auppo�t this Resolution. aae�istaace will be qxeatly appreciated and if you have any qneetions reqarding this material, please contact me. Thank you. � WHEREAS, the current Bills referenced above are being deliberated in the U.S. House of Representatives and Senate as the National Flood Insurance Reform Act of 1993; and A RESOLUTION OF THE VILLAGE COUNCIL OF THE VILLAGE OF TEQUESTA, PALM BEACH COUNTY, FLORIDA, OPPOSING HOUSE OF REPRESENTATIVES BILL 3191 AND SENATE BILL 1405 REGARDING THE NATIONAL FLOOD INSURANCE REFORM ACT OF 1993 AS THEY ARE CURRENTLY WORDED AND RECObII�IENDING REVI5IONS THERETO. WHEREAS, the Bills recognize the need for reform of the present national flood insurance program to be more actuarially sound; and WHEREAS, the Bills would require mapping the entire U.S. coastline at a cost of twenty-five million dollars ($25,000,000.00) to be paid from policy premiums in order to establish thirty ( 30 ) year and sixty ( 60 ) year erosion zones; and WHEREAS, the es,tablishment of said thirty ( 30 ) and sixty ( 60 ) year erosion control zones is arbitrary and unpredictable throughout the United States and is highly controversial; and WHEREAS, these Bills do not permit flood insurance for any new construction or additions to existing structures located in the thirty (30) year zone; and WHEREAS, these non-residential readily movable and RESOLUTION NO. 11 - 93�94 Bills do not permit flood insurance for any structure or residential structure not that is located in the sixty (60) year zone; WHEREAS, these Bills would prohibit federally-backed mortgage financing institutions from financing structures within flood-prone areas unless such structures were insured under the National Flood Insurance Program; and WHEREAS, these Bills would, therefore, greatly diminish the value of property within virtually every coastal community in the Nation because owners could not insure the structures on their property or sell to buyers who desire to finance the purchase of such property; and m WHEREAS, the Property Appraiser of Palm Beach County has determined that the proposed Bills could potentially put at risk the amount of tax revenues collected from taxable coastal property located in Palm Beach County; and WHEREAS, the amount of property at risk represents 8.8 billion dollars ($8,800,000,000.00) of taxable value which, in turn, would represent a potential loss of two hundred million dollars ($200,000,000.00) per year in tax revenues to local governments and taxing entities in Palm Beach County; and WHEREAS, these Bills would impose no similar prohibitions on the insurability of structures within other areas of the Nation which are chronically and predictably flood prone, such as the riverine areas, even though statistics show that the number and value of flood insurance claims from riverine areas have exceeded those from coastal areas; and WHEREAS, the severe economic impact of the Bills on coastal tax bases has not been considered, and this impact far exceeds the intent of the Bills; and WHEREAS, the Senate should not enact these Bills in their current form due to this inequity and fundamental unfairness to coastal property owners. NOW, THEREFORE, BE IT RESOLVED BY THE VILLAGE COUNCIL OF THE VILLAGE OF TEQUESTA, PALM BEACH COUNTY, FLORIDA, AS FOLLOWS: SECTION l. The Village Council of Tequesta urges the U.S. House and Senate to reject HR Bill 3191 and Senate Bill 1405 in their current form due to the devastating impact on the tax base in Tequesta, Palm Beach County, and the entire State of Florida, and due to the fundamental unfairness to the Nation's coastal property owners, in particular, those in Florida who make up approximately forty (40$) percent of all National Flood Insurance Program policy holders. SECTION 2. The Village Council of Tequesta strongly recommends that the actuarial soundness of the National Flood Insurance Program be significantly increased by enforcing regulations to mandate that a significant number of uninsured structures in federally designated flood areas be brought into compliance. SECTION 3. The Village Council of Tequesta further recommends that the controversial mapping to create thirty (30) and sixty (60) year coastal zones of erosion be deleted until it can be proven that this mapping will have a beneficial impact on the fund and that the policy holders will derive some benefits from this exercise. r. .� .. SECTION 4. The Village Council of Tequesta recommends that the House and Senate enact compromise Bills which: A) Delete the controversial erosion control measures delineated in HR Bill 3191 and Senate Bill 1405, specifically the mapping of the thirty (30) and sixty (60) year erosion control zones and the denial of insurance to properties located within those zones: B) Call for a broad-based economic impa.ct study to determine the impact on the local communities; and C) Allow the local communities to address local erosion problems in a rational manner as opposed to utilizing the arbitrary mapping concept. SECTION 5. The Village Manager is hereby directed to submit copies of this Resolution to all Members of the U.S. Senate and House Banking Committees, Florida U.S. Congressmen Alcee Hastings, Harry Johnston, Tom Lewis and Clay Shaw, Florida U. S. Senators Connie Mack and Bob Graham; and to the Board of County Commissioners of Palm Beach County. THE FOREGOING RESOLUTION was offered by Councilmember , who moved its adoption. The motion was seconded by Councilmember , and upon being put to a vote, the vote was as follows: FOR ADOPTION AGAINST ADOPTION The Mayor thereupon declared the Resolution duly passed and adopted this day of , A.D., 1994. MAYOR OF TEQUESTA Ron T. Mackail � �� .• ATTEST: Joann Manganiello Village Clerk