Quote:
Originally Posted by SacUrbnPlnr
The Sacramento Bee also neglected to mention an important part of the process for removing the restrictive FEMA floodplain designation. Development can proceed in North Natomas under a less restrictive AR designation once SAFCA has meet certain milestones for percentage of funds appropriated, spent, and work completed. In other words, SAFCA does not have to complete 100 percent of the levee improvements before development may proceed.
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So if the levee work gets funding in the pipeline (etc) then FEMA removes the floodplain designation? Interesting...are there published timelines that the city/county has agreed to for levee work? Who actually pays for it? (Is there federal money available?)
Seems like any sort of moratorium or additional restrictions on development in Natomas would be a huge revenue loss for the city...especially in this economy.
Just curious...