In order to obtain a permit on flood damaged properties, the owner or contractor will have to fill out a form supplied by the city that will state the total cost to restore the property. On this form they will need to list the cost of the following: building, mechanical, plumbing and electrical. This form will be reviewed by Planning and Zoning for floodplain compliance.
The policy is as follows:
Properties that are in the floodway that sustain less than 50% damage of the assessed value will be able to rebuild at the same location. If they sustain more than 50% damage of the assessed value, no permits will be issued.
Properties that are in the floodplain (floodway fringe) that sustain less than 50% damage of the assessed value will be able to rebuild at the same location.
If they sustain more than 50% damage of the assessed value of the structure, the structure and all plumbing, mechanical and electrical equipment will be required to be elevated to the 100-year flood protection level.