Wednesday, December 23, 2009

Due Diligence Report - Maps & Plans


Flood Plain Maps – The Federal Emergency Management Agency has posted the flood insurance rate maps on their website. By entering a property address, the flood map panel will be located for review. This map will illustrate the approximate floodway and may or may not include the floodplain elevation at cross sections depicted along the stream. The floodway is the stream channel and any adjacent areas that must be kept free from encroachments to allow the 1% annual chance of flood carried without an increase in elevation. A floodplain shown on a property will affect its development potential, increase permitting requirements, require significant design considerations and reduces the buildable area suitable for residential and non-residential uses.

Road Network Plan – Many communities prepare a comprehensive road network plan illustrating transportation links within a jurisdiction to accommodate future development. These road plans are anticipated road alignments generally locating road extensions, realignments or new roadway systems. The roadways provide a future transportation plan used by government in reviewing development plans. The local or county government will have a road alignment plan depicting the future road network serving future development. It is possible a future alignment will impact the development potential of a site by either accommodating the right-of-way in the design plans, improving offsite roads, or contributing to the traffic study for further analysis based on the development impact of the project. This plan may have the most significant impact on a project design and especially if it is overlook during the due diligence period.
This completes the section on maps and plans.

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