Loading...
HomeMy WebLinkAbout780859.tiff ♦ - MYx O� III�E ill n Ilil • 0191111 DEPARTMENT OF HOUSING ANii URBAN DEVELOPMENT a Dbem,.a FEDF RAL IN SURANI.F ADMINIiF NATION r WASHING TON, D. C. 20410 IN REPLY REFER TO, IFM STATE OF COL RAD ss- CERTIFIED MAIL DEC ra i9; COUNTY OF WELD RETURN RECEIPT REQUESTED lid with the Clerk of the Board of County Commissioners Honorable Harlan Brock JAN 31978 Mayor, Flown of Erie I/i d lT�/,,,,,���Erie, Colorado 80516 COUNTY CLERK AND RECORDER aP�Y Dear Mayo: Brock: I ey I am advising you that the lawn of Erie's eligibility for participation in the National Flcxxi Insurance Program (NFIP) will be suspended pursuant to Section 1909.24 of the enclosed Program regulations (24 C.F.R. 1909, etc. ) on January 17, 1979 if your community does not submit legally enforceable (i.e. , adopted and effective) flood plain management measures which satisfy the requirements of Section 1910.3(d) of the Program regulations on or before that date. Our letter of October 3, 1978 indicated the steps your community could take to avoid suspension of its flood insurance eligibility. We realize that your community may be in the final adoption process, or you may have recently adopted the required measures when you receive this letter. If this occurs, we will review your measures upon receipt. If the measures ere approved and are legally enforceable, we will rescind this suspension notice. We do emphasize that flood insurance may not be sold or renewed within suspended communities. In addition, such communities are subject to the provisions of Section 202 of Public Law 93-234, as amended. This Section prohibits Federal officers or agencies from approving any form of loan, grant, guaranty, insurance, payment, rebate, subsidy, disaster assistance loan or grant- ( in connection with a flood) , or any other form of direct Federal assistance, other than general or special revenue sharing or formula grants rude to States, for acquisition or construction purposes within your wmnunity's special flood hazard areas. Included in this prohibition, for example, is the making of mortgage loans guaranteed by the Veterans Administration or insured by the Federal Housing Administration. Approval of mortgage loans, secured by banes or farm buildings, by the Farmers Hone Administration (E7nHA) in the Deparbnent of Agriculture is shnilarly proscribed. 780859 VA-O41 6�5'' 2 Section 202(b) of P.L. 234, as amended, also requires federally regulated lending institutions to notify, as a condition of making, • increasing, extending, or renewing any loan secured by improved real property situated in such special flood hazard areas, the purchaser or lessee of such property of whether, in the event of a disaster caused by flood to such property, Federal disaster relief assistance will be available to such property. If you need any assistance in developing adequate flood plain management measures, please call the office of the PIA Regional Director in Denver, Colorado at (303) 837-5041 or this office at (202) 426-1891. Sincerely, IAA$V :O\ [14 . e41rL Gloria M. Jimene J Federal Insurance Administrator Disclosure Hello