Laserfiche WebLink
Exhibit II <br /> i <br /> Section II. <br /> DISPOSITION OF PROPERTY -DEED RESTRICTION REQUIREMENT <br /> 1. Disposition of Property. As a condition of receiving this Sub-grant,the SUB- <br /> GRANTEE agrees to assure that: <br /> a. The property acquired,accepted, or from which structures are removed must <br /> carry a permanent deed restriction providing that the property be maintained <br /> for open space,recreational, or wetland management purposes only; <br /> b. The deed restriction must also stipulate that no future disaster assistance_for <br /> any purpose from any Federal source will be sought or provided with respect to <br /> the property. <br /> C. The occupants will vacate the property within 90 days of the transfer of <br /> property ownership (FEMA or STATE can grant an exception to this <br /> requirement if extenuating circumstances exist); <br /> . d. No new structures will be erected on the property other than a rest room, or a <br /> public facility that is open on all sides and functionally related to open space <br /> (structures that are walled on all sides must meet the National Flood Insurance <br /> Program(NFIP); <br /> e. The SUB-GRANTEE will seek the approval of FEMA or STATE before <br /> conveying ownership of the property to another party; <br /> f. Any relocated structures will be placed on sites located outside of the 100-year <br /> floodplain and any regulatory erosion zones, and in conformance with any <br /> other applicable State or local land use restrictions; <br /> g. Replacement housing should be located outside the 100-year floodplain; and <br /> h. A title company will be secured to do title work. <br /> 2. Deed Restriction Language. As a condition of receiving this Sub-grant, the SUB- <br /> GRANTEE agrees to carry a permanent deed restriction on the project property <br /> specifying that: <br /> -2- <br />