Plan Review Notes
Plan Review Notes For Permit 21100614
Permit Number 21100614
Review Stop NFIP
Sequence Number 1
Notes
Date Text
2021-10-14 13:04:52THE 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.
  


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