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Res 1991-148
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Res 1991-148
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7/20/2007 11:05:56 AM
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City Clerk
City Clerk - Document
Resolutions
Number
1991-148
Date
11/4/1991
Volume Book
105
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<br /> 340 HAZARD DISCLOSURE: <br /> 341 Credit Documentation: <br /> The community must submit the following documentation with its <br /> application. <br /> - a. Documentation that, demonstrates that real estate agents are <br /> advising potential property purchasers of the flood hazard <br /> and the flood insurance purchase requirement. <br /> - b. [Required only if the community is applying for credit under <br /> Section 342b] A copy of ordinance or law language requiring <br /> one or more additional disclosure methods at the time of <br /> sale or rental of a property. <br /> The community must have the following documentation available <br /> to verify implementation of this activity: <br /> - c. [Required only if the community is applying for credit under <br /> Section 342c] The brochure or other document. <br /> - d. [Required only if the community is applying for credit under <br /> Section 342d] Documentation that the notice in Section 341a <br /> includes disclosure of other flood-related hazards. <br /> 342 Credit Points: <br /> a. DFH DFH = <br /> . .... ...nn <br /> b. ODR ODR = '5.." <br /> c. REB REB = ex <br /> d. DOH DOH = .61 <br /> 344 Credit Calculation: <br /> a. cDFH = (DFH x pDFH 1. ) x <br /> <br /> {1 + (REB x pREB 1. ) + <br /> (DOH x pDOH 1. )} cDFH = [) <br /> b. cO DR = ODR 5" x pOOR 1. cO DR = S <br /> c. c340 = cDFH 5 + cODR c340 = S <br /> <br /> Application Worksheets AW-340 Edition: August 1991 <br />
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