Island Wide Garage Sale this weekend! Get your $5 in and get signed up!
There’s a conversation floating around about having some Gourmet Food Trucks invited down for a day. Maybe make an event out of it. Maybe a new festival? What do you think about that? Interested? Is it something you might attend? It sounds like something that could be fun.
May 6, 2014 @ 7:00 P.M.
NOTICE is hereby given of a Regular Meeting of the City Council for the City of Clear Lake
Shores, County of Galveston, State of Texas, to be held on the above mentioned date and
time at the Club House, 931 Cedar Road, Clear Lake Shores, Texas, for the purpose of
considering the following numbered items. The City Council of the City Of Clear Lake
Shores, Texas, reserves the right to meet in a closed council session on any of the below
items should the need arise and if applicable pursuant to authorization by Title 5, Chapter
551 of the Texas Government Code.
1. CALL TO ORDER: PLEDGE OF ALLEGIANCE & TEXAS PLEDGE
2. DEPARTMENT/COUNCIL REPORTS:
* City Council - Councilwoman Bailey
Mayor Pro-Tem Sowrey
3. UNSCHEDULED VISITORS
4. CONSENT AGENDA:
a. Check Register: April 10 thru April 30, 2014
b. Investment Report for quarter ending March 31, 2014
c. Council Meeting Minutes from April 15, 2014
d. Workshop Minutes for April 12, 2014
e. Waterfront Transfer: D-100B Decker/Severson to Flederbach
5. COUNCIL BUSINESS - Discussion and possible action may be taken on the following
a. RESOLUTION 2014-05: A RESOLUTION AUTHORIZING PARTICIPATION IN
THE TEXPOOL INVESTMENT POOLS AND DESIGNATING AUTHORIZED
REPRESENTATIVES. (For transferring funds from Texpool to Texpool
prime) (City Administrator George Jones)
b. Authorization for the City Administrator to seek proposals for banking
services. (City Administrator George Jones)
c. Set bid amount, requirements, and timeline for Waterfront B-025A and
B-033. (City Administrator George Jones)
d. Approve Video Surveillance Camera System (City Administrator George Jones)
e. ORDINANCE NO. 2014-06: AN ORDINANCE ADOPTING AMENDMENT NO. 3
TO THE ORIGINAL BUDGET OF THE CITY OF CLEAR LAKE SHORES,
TEXAS FOR THE FISCAL YEAR 2013-14, ADJUSTING AMOUNTS IN THE
EXPENDITURE ACCOUNT OF THE GENERAL FUND GENERAL
GOVERNMENT DEPARTMENT; CONTAINING FINDINGS; PROVIDING
SEVERABILITY; AND PROVIDING OTHER DETAILS RELATING THERETO.
(City Administrator George Jones)
f. Sidewalk Replacement Project for East bound lanes of FM 2094 between
Marina Bay RV Resort and Valero Gas Station. (City Administrator George Jones)
I, Christy Stroup, City Secretary, certify that this Notice of Meeting was posted on the outside bulletin
board at 931 Cedar Drive on or before Friday, May 2, 2014.
This from neighbor Jill
New Flood Rules from FEMA
On March 21, 2014, President Obama signed into law the “Homeowner Flood Insurance Affordability”
amendments to the 2012 Biggert-Waters law:
. Repeals the property sales trigger requiring that buyers immediately pay the full-risk premium
rate at the time of purchase.
. Restores “grandfathering” of rates under flood zones when properties were built to code.
. Limits future increases to 18% annually for most properties built generally after 1975 and
25% for the older properties until they are paying full cost for flood insurance.
. Refunds any premiums paid by property owners in excess of 18-25% increases.
This represents a dramatic departure from earlier versions that would have “paused” increases until
FEMA reported on affordability. As enacted, the bill hits the “reset” button back to pre-2012 levels and
caps all increases going forward. To make up revenue, a small assessment is added to all NFIP policies
until property owners are paying full cost for flood insurance.
While going further in making permanent changes to law and providing refunds, the bill also allows 8-16
months for FEMA to issue the regulations to implement these changes. Most property owners will not
see these changes reflected in rate quotes and insurance renewal notices right away.
[Note: This summary is for informational purposes only. It is not intended to be legal advice or relied
upon in connection with a real estate transaction without consulting legal counsel.]
SECTION BY SECTION
Sec. 2. Definitions.
Sec. 3. Repeals the property-sale/new-policy triggers to full-risk premiums rates
. Spells out an 8-16 month process for FEMA to implement the rate changes.
o 8 months to issue the new rate tables and instructions to WYO insurance partners.
o Additional 6-8 months for WYOs to carry out instructions in rate quotes/renewals.
. Directs FEMA to refund directly to policy holders any premiums collected in excess of the new
rate tables, but not until after FEMA issues new rate tables/instructions.
. Provides that buyers may assume an existing policy (at the current rate) from the seller, until
FEMA implements this section.
Sec. 4. Restores grandfathering of properties, e.g., those built and maintained to A-zone building
standards will keep the A-zone rate if the property is later remapped into a V zone.
Sec. 5. New Limits on Annual Premium Increases
. Reduces from 20% to 15% the current limit on the average increase in each flood zone.
. Adds a new limit so no individual property owner pays more than 18% over the previous year
with certain exceptions.
o Pre-FIRM Properties (generally built BEFORE 1975)
. Primary Homes – no more than 18% but no less than 5% (new floor).
. Second Homes or Commercial Properties – 25% increase until full risk rate (no
change to current law).
o Post-FIRM Properties (generally built AFTER 1975) – Primary, Second, Commercial –
no more than 18% increase over previous year’s premium.
Sec. 6. Clarifies phase-in of rates for properties newly mapped into flood zone for first time.
Sec. 7. Directs FEMA to “strive to minimize” the number of property owners who pay more than 1%
of the coverage provided by their insurance policy.
Sec. 8. Applies an annual assessment of $25 per policy on all NFIP primary homes; $250 on second
homes and commercial properties in the NFIP. Expires when all pay full-risk rates.
Sec. 9. Directs FEMA to propose regulatory changes to address issues raised by the Biggert-Waters
affordability study within 18 months.
Sec. 10. Authorizes FEMA to buy reinsurance from the private market.
Sec. 11. Clarifies that flood insurance may be paid in monthly installments.
Sec. 12. Provides for an optional deductible up to $10,000 for homes.
Sec. 13. Excludes detached structures so home owners are not required to purchase flood insurance for
them under the NFIP but clarifies that the lender may still require it on own.
Sec. 14. Allows FEMA to estimate premium rates that account for flood proofing.
Sec. 15. Raises from 30% to 50% the threshold before home improvements trigger a rate increase.
Sec. 16. Requires FEMA to submit the Biggert-Waters affordability study within 18 months and
increases the study funding to $2.5 million, up from $750,000.
Sec. 17. Requires FEMA to certify when a technically reviewed and credible flood mapping program has
Sec 18. Increases funding for FEMA to reimburse property owners for successful flood map appeals.
Sec. 19. Allows FEMA to give rate credit in communities that self-finance improvements to existing
levees and dams.
Sec. 20. Requires quarterly reports on the flood insurance reserve fund.
Sec. 21. Allows FEMA to keep excluding flood-proofed basements from rate calculations in
communities where necessary to protect home owners from extreme weather like tornados.
Sec. 22. Waives fees for flood map changes based on habitat restoration.
Sec. 23. Provides for a study of voluntary community-based flood insurance.
Sec. 24. Establishes a Flood Insurance Advocate within FEMA to educate and assist property owners
with flood map appeals and flood insurance rates.
Sec. 25. Provides exceptions to escrow requirements for smaller banks.
Sec. 26. Allows FEMA to set premium rates that account for implementation of an alternative
mitigation method described in guidance.
Sec. 27. Incorporates non-structural flood mitigation features into flood maps.
Sec. 28. Directs FEMA to clearly communicate the full flood risk to property owners who are paying
less than a full-risk premium.
Sec. 29. Requires FEMA to report on the affordability to small businesses, non-profits, churches and
lower value homes, and make recommendations accordingly.
Sec. 30. Provides for additional notification and outreach on the flood maps.
Sec. 31. Requires FEMA make public the rate tables and guidelines six months in advance