(A) Authority. This chapter is adopted pursuant to the powers granted by 65 ILCS 5/1-2-1, 11-12-12, 11-30-2, 11-30-8 and 11-31-2.
(B) Purpose. This chapter is adopted for the following purposes:
(1) To prevent unwise developments from increasing the flood or drainage hazard to others;
(2) To protect new buildings and major improvements to buildings from flood damage;
(3) To protect human life and health from the hazards of flooding;
(4) To lessen the burden on the taxpayer for flood control projects, repairs to flood-damaged public facilities and utilities, and flood rescue and relief operations;
(5) To maintain property values and a stable tax base by minimizing the potential for creating flood blight areas;
(6) To make federally subsidized flood insurance available for property in the village; and
(7) To provide for the orderly growth and development of an environment that is especially sensitive to changes from human activity.