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RESOLUTION NUMBER 2017-08 <br />A RESOLUTION OF THE TOWN OF PARADISE VALLEY, <br />ARIZONA, DECLARING ITS STORM WATER <br />MANAGEMENT POLICY <br />WHEREAS, the Town of Paradise Valley practices a limited government model; and, <br />WHEREAS, the Town has historically limited its participation in large publicly funded, <br />constructed and operated flood control projects in favor of privately built measures in newly <br />constructed developments as well as participation in the National Flood Insurance Program; and, <br />WHEREAS, in 2013 and 2014 the Town and surrounding region experienced extreme rain and <br />flood events that questioned the Town's practice; and, <br />WHERAS, the Town recently conducted an thorough analysis of one of its six watersheds and <br />was presented with infrastructure and cost options necessary to manage a 100 year, 2 hour storm <br />event within that watershed; and <br />WHEREAS, the size, scale and return-on-investment does not warrant a radical departure from <br />that policy; and, <br />WHEREAS, better articulation of what the Town's Storm Water Management Policy entails is <br />appropriate: <br />NOW, THEREFORE, BE IT RESOLVED BY THE MAYOR AND COUNCIL OF THE <br />TOWN OF PARADISE VALLEY, ARIZONA, THAT: <br />SECTION 1. The Town of Paradise Valley will: <br />A. provide storm water data and information available to it concerning the 100 year, 2 hour <br />storm event to property owners; <br />B. participate in National Flood Insurance Program such that property owners have the <br />ability to purchase federally backed flood insurance; <br />C. regulate development to mitigate the impacts of storm drainage; <br />D. budget for small (i.e. under the Capital Improvement Program financial threshold) flood <br />control projects that benefit two or more Paradise Valley parcels and seek cost sharing <br />opportunities for these or other storm water management projects; and, <br />E. consider cost-benefit analysis for all proposed projects. <br />SECTION 2. In order to accomplish the policy objective articulated in Section 1, the Town shall <br />periodically develop, update and share information, including maps, showing the location, flows, <br />and depths of storm waters associated with the 100 year, 2 hour storm event in each of the <br />Town's six watersheds. <br />SECTION 3. In order to accomplish the policy objective articulated in Section 1, the Town shall <br />be a member in good standing in the National Flood Insurance Program.