It is the purpose of flood plain controls to apply special regulations to the use of land in those areas of the Village which are subject to flooding at recurring intervals, to protect economic property values, aesthetic values, riparian rights and other natural resource values associated with the flood plains of Franklin Village. Such regulations, while permitting reasonable economic use of such properties, will protect the public health and reduce financial burdens imposed on the community, its governmental units and its individuals by periodic floods, and reserve such areas for the impoundment of the water to better stabilize stream flow and to better maintain the proper ecological balance. Further, the purpose of this chapter is to comply with the provisions and requirements of the National Flood Insurance Program, as constituted in accordance with the National Flood Insurance Act of 1968 and subsequent enactments and rules and regulations promulgated in furtherance of this program by the Federal Emergency Management Agency.
(Ord. 131. Passed 3-19-79; Ord. 2014-02. Passed 3-10-14.)