Sec. 14-7. Basis for establishing the special flood hazard areas.
   (a)   The special flood hazard areas are those identified under the cooperating technical state (CTS) agreement between the state and FEMA in its flood insurance study (FIS) and its accompanying flood insurance rate maps (FIRM), for the county, dated July 2, 2008, which are adopted by reference and declared to be a part of this chapter.
   (b)   In addition, upon annexation to the town or inclusion in its extra-territorial jurisdiction (ETJ), the special flood hazard areas identified by the Federal Emergency Management Agency (FEMA) and/or produced under the cooperating technical state agreement between the state and FEMA as stated in subsection (a) of this section, for the unincorporated areas of the county, with accompanying maps and other supporting data are adopted by reference and declared to be a part of this chapter.
   (c)   The initial flood insurance rate maps are as follows for the jurisdictional areas at the initial date:
      (1)   The unincorporated area of the county, dated June 1, 1987.
      (2)   Town of Lake Lure, dated July 2, 2008.
(Code 1989, § 95.021)