This chapter is enacted pursuant to the police powers granted to this city by Illinois Revised Statutes, Chapter 24, Sections 1-2-1, 11-12-12, 11-30-2, 11-30-8 and 11-31-2 in order to accomplish the following purposes:

    A.    To prevent unwise developments from increasing flood or drainage hazards to others;

    B.    To protect new buildings and major improvements to buildings from flood damage;

    C.    To protect human life and health from the hazards of flooding;

    D.    To lessen the burden on the taxpayer for flood control projects, repairs to flood-damaged public facilities and utilities, and flood rescue and relief operations;

    E.    To maintain property values and a stable tax base by minimizing the potential for creating flood blighted areas; and,

    F.    To make federally subsidized flood insurance available for property in the city by fulfilling the requirements of the National Flood Insurance Program. (Ord. 819 § 1, 1990)