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[(42~] "Mazket value." For the purposes of determining substantial improvement, market
<br /> value pertains only to the structure in question. It does not pertain to the land,
<br /> landscaping, or detached accessory structures on the property. For determining
<br /> substantial improvement, the value of the land must always be subtracted. Acceptable
<br /> estimates of market value can be obtained from the following sources:
<br /> [(A~] (1~ Independent appraisals by a professional appraiser[.-] licensed by the
<br /> State.
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<br /> ~ Property appraisals used for tax assessment purposes[.-] by the County
<br /> department of finance, real property tax office.
<br /> [EBjJ ~ The value of buildings taken from National Flood Insurance Program
<br /> claims data[~~u-.n~' ° °n«°°..:.,,.',.,.1`i. This value shall be used as a
<br /> screenin¢ tool to identify those structures where the substantial
<br /> improvement ratio is less than forty percent or greater than sixty
<br /> ero cent.
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<br /> [(43~] "Mean sea level" means, for purposes of the National Flood Insurance Program,
<br /> the National Geodetic Vertical Datum of 1929 or other datum, to which base flood
<br /> elevations shown on a community's Flood Insurance Rate Map are referenced.
<br /> [(44j] "Minimum necessary" related to article 5, variances, of this chapter means the
<br />
<br /> minimum necessary to afford relief to the applicant of a variance with a minimum
<br />
<br /> deviation from the requirements of this chapter. In the case of variances to an elevation
<br />
<br /> requirement, this means the director of public works need not grant permission for the
<br /> applicant to build at grade, for example, or even to whatever elevation the applicant
<br />
<br /> proposes, but only that level that the director of public works believes will both provide
<br />
<br /> relief and preserve the integrity of this chapter.
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