Farmville, Virginia · General provision

Definitions - Repetitive loss structure

Extracted standards

1 individual requirements pulled out of this section’s prose, each with the sentence it came from.

Floodplain

  • Repetitive loss damage threshold25 pct

    cost of the repair, on average, equaled or exceeded twenty-five (25) percent of the market value

From the ordinance

incurred flood-related damages on two (2) occasions in a 10-year period, in which the cost of the repair, on average, equaled or exceeded twenty-five (25) percent of the market value of the structure at the time of each such flood event
Definitions - Repetitive loss structure