Parish flood insurance rates expected to rise
St. Mary Parish residents can expect to see higher flood insurance rates in the near future, according to parish President Paul Naquin.
The president brought that news to the parish council Wednesday after hearing from a Federal Emergency Management Agency representative at a meeting of the Louisiana Coastal Protection and Restoration Authority held in Morgan City earlier in the day. The group was told that the federal government will no longer subsidize the National Flood Insurance Program in an effort for it to pay for itself.
“One thing we heard is that if you have flood insurance your flood insurance will go up,” he said. Those rate increases will amount to 25 percent a year for three years, he said. “On the fourth year it’s going to be maxed out.”
He added that if structures are not built to flood elevation, “You can’t afford the insurance for sure.”
He said flood insurance for businesses can expect to see insurance premiums in the range of $50,000 to $60,000 annually.
“They’re going to run everybody out of St. Mary Parish,” he said.
In related discussion, Naquin said he has talked with members of the Congressional delegation on the delay by FEMA to finalize the parish’s digital flood insurance rate maps. Finalization of the maps for the entire parish has been pending for almost four years while the City of Morgan City appeals flood elevations in that area.
Naquin said the FEMA representative agreed to set up a meeting in the next week or so to provide more information on the DFIRM maps and insurance program.
In other business the council:
—Approved recommenda-tion from the Planning and Zoning on subdivisions of property at 109 Mitchel Lane, Cypremort, by Neal Roberts; at 8900 La. 182, Amelia, by the heirs of the John Siracusa estate; and at 7285 La. 182, Centerville, by Don Boudreaux.
—Passed resolutions ap-proving the sale of $1.5 million in limited tax bonds by Recreation District 3; a cooperative endeavor agreement with Sewer District 5 on the Bakertown sewer extension project; an engineering services agreement with Miller Engineers and Associates, Inc. of Franklin on the Middle Road drainage canal improvements project; and the filing of expropriation procedures by attorney Ryan Baudry in regard to the Morgan City Industrial Road project.
—Approved requests for transfer of funds from the Wards 1, 2, 3, 4, 7 and 10 three-tenths sales tax fund by Councilman Lionel Metz in the amount of $1,500 to the Town of Baldwin for Little League; and by Councilman David Hanagriff in the amount of $4,000 to the Town of Baldwin for Pee Wee football.
—Appointed Artis Jackson Jr. and Edward Smith to the E-911 board; Robert Wilkerson to the Fire Protection District 7 board; and John P. Trevino Sr. to the Recreation District 3 board.