The purpose of this chapter is to establish reasonable rules and regulations for development in order to:
A. Meet the requirements of the Rivers, Lakes and Streams Act, 615 Illinois Compiled Statutes 5/18g, effective November 18, 1987;
B. Prevent additional harm due to periodic flooding including loss of life and property and threats and inconveniences to public health, safety and welfare;
C. Assure that new development does not increase flood and drainage hazards to others, or create unstable conditions susceptible to erosion;
D. Create no new financial burden on the taxpayer for flood control projects, repairs to flood damaged public facilities and utilities, and for flood rescue and relief operations;
E. Protect, conserve and promote the orderly development of land and water resources;
F. Protect buildings and improvements to buildings from flood damage to the greatest extent possible;
G. Conserve the natural hydrologic, hydraulic, water quality and other beneficial functions of flood prone areas, regulatory floodplains and wetlands;
H. Prevent additional disruption of the economy and governmental services due to stormwater and flood drainage;
I. Maintain eligibility of the Village in the National Flood Insurance Program by equaling or exceeding its requirements and thus make Federally subsidized flood insurance available at reduced rates;
J. Comply with the rules and regulations of the National Flood Insurance Program codified as 44 CFR 59 - 79, as amended. (Ord. 855, 11-20-2000)