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Cluster · rate · no year
Reference to potential flood insurance premium rate increase for structures built below base flood level.
Not promoted to the official baseline.
This cluster is useful evidence for review. It does not drive the budget simulator until an admin confirms the amount against an official source and promotes it.
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Reference to potential flood insurance premium rate increase for structures built below base flood level.
The Building Official shall notify the applicant for a variance that: (1) The issuance of a variance to construct a structure below the base flood level will result in increased premium rates for flood insurance up to amounts as high as $25 for $100 of insurance coverage and (2) Such construction below the 100-year or regional flood level increases risks to life and property.
Reasoning: This is a reference rate for insurance, not a city fee or revenue.