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Legislative Affairs

BASE Governmental Affairs Directors act as advocates for the development industry and closely monitor activity at the state, regional and local level from the North Carolina General Assembly to city and county meetings - anything that affects the growth and development industry.

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Development Industry

Credibility, Leadership, Expertise..... BASE has a single mission to promote public policies which encourage economic growth, job creation and a healthy real estate, homebuilding, land use and development industry.

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"Unbelievable! BASE was there for us at the beginning, middle, and end providing us with key information and foresight…It's great to see there are organizations like BASE out there that are willing to go the extra mile to satisfy their members." - Jon Vincent, JTV Business & Management Consultant

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 "Well worth the money! I’ve been working in this industry well over 20 years, and this is the lowest cost, highest value work I have ever seen. I always knew the regulatory pressures that our industry faced, but at least now I know that there is an organization fighting and winning on our behalf." - Kevin Hine, Duplin Land Development, LLC, Exec. VP/GM River Landing

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“BASE has been one of the best business decisions I have made!  There is no other organization like BASE that covers such a broad area of issues that affect both residential and commercial interests.” - Steve Niemeyer, CEO Wrightsville Builders

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Oak Island Moratorium Update: Planning Board Acts On Vacation Rental Ordinance, Does Not Recommend Residential Cap PDF Print E-mail
Friday, 04 April 2014 07:17

An update on the ongoing Oak Island moratorium on 6+ bedroom houses:

In a meeting this past week which lasted nearly four hours, the Oak Island Planning Board met to consider a vacation rental ordinance and an ordinance which would cap residences at Oak Island at 5,000 square feet and 7 bedrooms.

BASE spoke during the public hearing, expressing significant concern with both items. The Planning Board modified the vacation rental ordinance, but recommended approval to the full Town Council. The Planning Board had no real discussion on the residential cap item and voted unanimously not to recommend approval.

BASE contends that the residential cap is actually a cap on future investment in the town and will have a negative impact on property values and force existing residents to continue to pay soaring water and sewer costs. Additionally, with stormwater impervious limits, setbacks, flood height requirements, town heigh requirements and other coastal regulations, the building envelope is already effectively bound in many cases.

Per the Town attorney, the vacation rental ordinance appears to be "plowing new ground in North Carolina." It will only apply to new homes and new rentals, as of the effective date of the ordinance. How this gets implemented will certainly be an issue with houses being sold, moving from rental to non-rental, etc.

Next Wednesday, April 16 at 9 AM, a Special Meeting of the Oak Island Town Council has been called to discuss the following: 

  • Public Hearing to receive citizens’ comments on proposed ordinance amendments to establish three classes of Vacation Rental as a use and all the associated restrictions and regulations.
  • Public Hearing to receive citizens’ comments on proposed ordinance amendments to cap residences at 5,000 square feet and seven bedrooms with one parking space required for each bedroom.
  • Public Hearing to receive citizens’ comments on extending the moratorium on building of homes with more than six bedrooms.
  • Council Consideration of items above
IF YOU HAVE INVESTMENTS IN OAK ISLAND, NOW IS THE TIME TO ACT. When we have an updated version of the vacation rental ordinance (as approved by the Planning Board) we will post it below. In the meantime, please contact Oak Island Town Council if you have concerns with this proposal.

 
FEMA Releases Congressional Advisory On The Homeowner Flood Insurance Affordability Act PDF Print E-mail
Friday, 04 April 2014 06:59

Congressional Advisory
Overview on the Homeowner Flood Insurance Affordability Act of 2014

On March 21, 2014, President Obama signed the Homeowner Flood Insurance Affordability Act of 2014 into law.  This law repeals and modifies certain provisions of the Biggert-Waters Flood Insurance Reform Act, which was enacted in 2012, and makes additional program changes to other aspects of the National Flood Insurance Program (NFIP) not covered by that Act.  Many provisions of the Biggert-Waters Flood Insurance Reform Act remain and are still being implemented. 

Please see the attached overview (below) for further details about this law.  A brief summary also is included below. 

While FEMA actively works to implement the new law, we encourage policyholders to maintain and keep current flood insurance policies.  FEMA does NOT recommend cancelling a flood insurance policy.  Cancelling flood insurance policies now will leave policyholders unprotected during spring flooding and may cause policyholders to lose important discounts on their rate if they reinstate in the future.

  • The new law lowers the recent rate increases on some policies, prevents some future rate increases, and implements a surcharge on all policyholders.  The Act also repeals certain rate increases that have already gone into effect and provides for refunds to those policyholders.  The Act also authorizes additional resources for the National Academy of Sciences to complete the affordability study.
  • FEMA looks forward to working with Congress, the private Write Your Own insurance companies, and other stakeholders to implement these Congressionally mandated reforms and to working toward our shared goals of helping families maintain affordable flood insurance, ensuring the financial stability of the NFIP, and reducing the risks and consequences of flooding nationwide.  FEMA will also continue to identify and publish special flood hazards and flood risk zones as authorized and required by Congress.
  • FEMA has actively begun analyzing and prioritizing implementation of the new law.  We will be working with the private Write Your Own insurance companies in the next few weeks to seek their input and expertise prior to issuing business practice bulletins.
  • It will take some time to implement these changes.  While the new law does require some changes to be made retroactively, applying to certain policies written after July 6, 2012, other changes require establishment of new programs, processes and procedures. 
  • FEMA’s initial priority is assessing potential changes to the NFIP’s business processes to stop policy increases for certain subsidized policyholders as outlined in the Act.  
  • FEMA also plans to issue guidance in the months ahead for the Write Your Own insurance companies to begin issuing refunds as outlined in the law for some policyholders who were previously impacted by subsidy phase outs.
More information on the new law and its impacts on the NFIP will be forthcoming.
Attachments:
Download this file (HFIAA_Overview_FINAL_03282014_508.pdf)HFIAA_Overview_FINAL_03282014_508.pdf[ ]509 Kb
 
New Hanover County Unveils Economic Development Analysis PDF Print E-mail
Wednesday, 02 April 2014 10:31
New Hanover County has received the final economic development target analysis report from Jay Garner titled Pathways to Prosperity: New Hanover County's Plan for Jobs and Investment and it's critical companion piece, the Competitive Realties Report. 
Both documents are available for download here
Today, Wednesday April 2, 2014 at 2 p.m., Jay Garner of Garner Economics LLC will present the details of his findings and resulting study to the New Hanover County Commissioners and members of the Wilmington City Council. The meeting will be streamed live on the County's website at www.nhcgov.com/NHCLive and will be broadcast live on NHCTV via Time Warner Channel 13/16.10 and Charter Channel 5.
 
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