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HomeMy WebLinkAboutSummary FormAGENDA ITEM SUMMARY FORM FILE ID: /,- 0066 te� Date: 1/21/11 Requesting Department: CIP Commission Meeting Date: 2/24/11 District(s) Impacted: All Type: ® Resolution ❑ Ordinance n Emergency Ordinance n Discussion Item ❑ Other Subject: Resolution adopting the findings of the Citywide Stormwater Management Master Plan, Phase I. Purpose of Item: Law Department Matter ID No. To adopt the findings of the Citywide Stormwater Management Master Plan, Phase I, dated January 20, 2011; prepared by ADA Engineering, Inc. The plan allows the City to improve on its National Insurance Flood Program -Community Rating System (NFIP-CRS) which enables City residents to receive discounts on flood insurance premium rates. The findings will further allow the City to develop a comprehensive 5-year Capital Improvement Plan identifying drainage improvement areas and enhancements. Phase II of the plan is currently underway and is anticipated to be completed November 2011. CIP recommends approval of the findings, measures and locations contained therein. Background Information: ADA Engineering, Inc. was tasked with completing Phase I and Phase II of the City's Stormwater Management Master Plan. The primary objective of this study is to analyze areas of flood concern which impact public safety and property loss. In order for the City to improve its NFIP-CRS rating, the current plan would have to be updated within the previous five years. By improving the NFIP-CRS rating from a Class 8 to a Class 4, the City's residents would realize an additional 20% savings on their flood insurance coverage premiums, which will be a substantial savings to the community. Budget Impact Analysis NO Is this item related to revenue? NO Is this item an expenditure? If so, please identify funding source below. General Account No: Special Revenue Account No: CIP Project No: NO Is this item funded by Homeland Defense/Neighborhood Improvement Bonds? Start Up Capital Cost: Maintenance Cost: Total Fiscal Impact: CIP N/A Final Approvals (SIGN AND DATE) Budget N/A If using or receiving capital funds Grants N/A Purchasin Chief N/A Risk Management N/A Dept. Director Gi2i6 City Manager Page 1 of 1