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<br />-- <br /> <br />., <br /> <br />'. <br /> <br />-/ <br /> <br />Honorable Winn Mott <br />page Three <br /> <br />The actuarial flood insurance rates increase as the first floor elevation <br />(including basement) of new construction decreases in relation to the base <br />flood elevations established for your community. This is an important consider- <br />ation for new construction since building at a higher elevation can greatly <br />reduce the cost of flood insurance. Also, on the effective date of your com- <br />munity's FIRM, additional "second layer" coverage, which will greatly increase <br />the available coverage, will become available. First layer coverage on existing <br />structures built prior to the effective date of the FIRM will continue to <br />be available at subsidized rates (unless substantial improvements are made), <br />it will also be available at actuarial rates and can be purchased at whichever <br />rate is lower. <br /> <br />If your community is encountering difficulties in <br />management measures, we urge you to contact FEMA. <br />Natural and Technological Hazards Division of the <br />Agency in Lakewood, COlorado at (303) 234-6582. <br /> <br />enacting the flood plain <br />You may contact the Chief, <br />Federal Emergency Management <br /> <br />Sincerely, <br /> <br />~~ C(~~~~ <br /> <br />Richard E. Sanderson, Chief <br />Natural Hazards Division <br />Office of Natural and Technological Hazards <br /> <br />Enclosures <br />