This property lies within the Coastal Barrier Resources System. What this means that any expenditure to develop and insure is on the private sector. they cannot have a mortgage that is federally funded or federally insured. And National flood insurance is unavailable for new construction. That includes any buyer of the residential or commercial properties. Cannot deny development but all money expended must be private. Doesn't matter what uplands it has. To change this designation they need to apply to the Dept. of Interior/Fish and Wildlife Services. This must be approved by Congress. This is not a revision of flood maps approved by FEMA. Takes several years with no guarantee. Development cannot be denied but all expenditure lies with the developer and any person willing to pay cash and try for private funding and private insurance. If there is a major storm (even with uplands there may be damage) the owner would be on their own with no aid from the federal government. Manatee County properties were incorporated in these maps back in 1990.
Bravo sandy... well researched, well said. I looked at its location as well... it needs to be left as it is - part of the natural barrier lands of the bay. If any development... the lightest touch, nature trails, wildlife preserves. Protect the bay.
sandy
This property lies within the Coastal Barrier Resources System. What this means that any expenditure to develop and insure is on the private sector. they cannot have a mortgage that is federally funded or federally insured. And National flood insurance is unavailable for new construction. That includes any buyer of the residential or commercial properties. Cannot deny development but all money expended must be private. Doesn't matter what uplands it has. To change this designation they need to apply to the Dept. of Interior/Fish and Wildlife Services. This must be approved by Congress. This is not a revision of flood maps approved by FEMA. Takes several years with no guarantee. Development cannot be denied but all expenditure lies with the developer and any person willing to pay cash and try for private funding and private insurance. If there is a major storm (even with uplands there may be damage) the owner would be on their own with no aid from the federal government. Manatee County properties were incorporated in these maps back in 1990.
Tuesday, April 30 Report this
san.gander
Bravo sandy... well researched, well said. I looked at its location as well... it needs to be left as it is - part of the natural barrier lands of the bay. If any development... the lightest touch, nature trails, wildlife preserves. Protect the bay.
4 days ago Report this