Common use of Flood Insurance Program Clause in Contracts

Flood Insurance Program. Should any construction or rehabilitation of existing structures with assistance provided under this Agreement occur in an area identified as having special flood hazards by the Director of Federal Emergency Management, West Lakes agrees to comply with all relevant and applicable provisions of 24 CFR §570.605 concerning the National Flood Insurance Program. West Lakes agrees that if any portion of the any property improved in connection with this Project is located in a special flood hazard area that flood insurance will be required by the City and must be provided by West Lakes.

Appears in 3 contracts

Sources: CDBG Cv Agreement, CDBG Cv Agreement, CDBG Cv Agreement