GDS-002 - Compensatory Flood Storage Guidelines_1999i.1-_
SAINT 101 IN
Subject: Compensatory Flood Storage
Category: Guidelines
Policy No.: GDS -002
M&C Report No.: 99-76
Effective Date: 1999-03-29
Next Review Date: (3 years)
Area(s) this policy applies to: Growth and
Office Responsible for review of this Policy:
Community Development Services
Building and Inspection Services
Related Instruments:
Policy Sponsor:
Document Pages: This document consists of 3
pages.
Revision History:
Common Clerk's Annotation for Official eRecord
Date of Passage of Policy: March 29, 1999
1 certify that this Policy was adopted by Common Council as indicated above.
July 27 2017
Common Clerk
Date
Date Created: Common Council Approval Date: Contact:
1999-03-12 1999-03-29
Deputy Commissioner and Building
Inspector
TABLE OF CONTENTS
1. COUNCIL RESOLUTION.................................................................................................................1
GUIDELINES - COMPENSATORY FLOOD
STORAGE
C.C.O. March 29, 1999
That as recommended by the City Manager Council adopt the following guidelines for
the sale of compensatory storage: the applicant must demonstrate to the Building
Inspector that it is not practical to provide any or all of the compensatory storage on the
property being developed; the developer (or any affiliated company) does not own other
property within or adjacent to the flood risk area upon which the necessary
compensatory flood storage could reasonably be provided; compensatory storage must
be provided within the same designated flood risk area of the displaced storage; sale of
compensatory storage must be approved by Council; costs per cubic unit to the
developer will vary, dependent on the specifics of each application; monies received by
the City in the sale of compensatory storage will be used solely for Marsh Creek flood
reduction programs; the City will at no time be in a deficit position resulting from the sale
of compensatory storage with respect to flood storage capacity; the City will not pre -sell
any storage capacity in anticipation of a development, and the City is at no time
obligated to sell compensatory storage to any developer.