| Plan Review Notes For Permit 21050968 |
| Permit Number |
21050968 |
|
| Review Stop |
NFIP |
| Sequence Number |
2 |
|
| Notes |
| Date |
Text |
| 2021-10-14 09:13:52 | THE GARAGE APARTMENT IS LOCATED IN A SPECIAL FLOOD | | | HAZARD AREA (AE, BFE 6' NAVD 88). ACCORDING TO THE | | | APPRAISAL, THE DEPRECIATED VALUE FOR THE GARAGE | | | APARTMENT (GARAGE/GUEST HOUSE) IS $124,872.00. FIFTY | | | PERCENT OF THAT IS $62,436.00. THE CUMULATIVE TOTAL OF | | | WORK ON THE GARAGE APARTMENT OVER THE LAST FIVE YEARS | | | IS $22,357.00. FIFTY PERCENT OF THE APPRAISED VALUE | | | ($62,436.00) MINUS THE PREVIOUS WORK FOR THE FIVE | | | PREVIOUS YEARS ($22,357.00) IS $40,079.00. IN ORDER FOR | | | THIS TO NOT BE CONSIDERED A SUBSTANTIAL IMPROVEMENT, | | | THE TOTAL COST OF IMPROVEMENTS TO THE GARAGE APARTMENT | | | IS REQUIRED TO BE LESS THAN $40,079.00. THE PROPOSED | | | COST OF IMPROVEMENTS TO THE GARAGE APARTMENT IS | | | $19,057.50. THEREFORE, THIS PROJECT IS NOT CONSIDERED A | | | SUBSTANTIAL IMPROVEMENT. ANY ADDITIONAL IMPROVEMENT | | | COSTS THAT MAY BE INCURRED DURING THE REMODELING OF THE | | | GARAGE APARTMENT WILL BE COUNTED TOWARDS THE | | | SUBSTANTIAL IMPROVEMENT LIMIT. | | | |
|
