A.
Council finds it necessary to provide potential buyers of residential property notice as to whether or not the property is located within the floodplain or outside of the floodplain and whether or not the property has ever been flooded, in order that the buyer may be properly informed of such.
B.
The advent of floodplain construction standards, enhanced flood warning systems and other floodplain-related improvements make possible the viable and complete use of land and buildings within the floodplain, and nothing in this chapter is intended or should be incorrectly perceived as diminishing the value of or inhibiting, constraining or precluding the sale or purchase or the development and use of floodplain-located real estate.