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<br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br /> <br />since in the event of a flood, emergency resources would be required to respond to it even <br />though the Dry Creek floodplain is some distance from Spring Creek. <br /> <br />· Under the URS Plan, the proposed improvements will provide for removal and disposition of <br />stormwater originating within the Local Basin, whereas the 1980 GAl diversion plan only <br />benefited owners whose property was within the Dry Creek floodplain. Properties in the <br />Local Basin therefore will benefit from removal of stormwater as well as removal of the <br />flood hazard and related floodplain land use restrictions. <br /> <br />· A stormwater utility is considerably easier to administer than other mechanisms where many <br />small parcels each pay a small amount. <br /> <br />· There is a need for improvements in unincorporated parts of the Local Basin beyond those <br />identified in the URS Plan. The proposed fee structure for a Dry Creek Stormwater Utility <br />will contain a capital component to reflect the cost of those improvements as well as a <br />component to reflect the Local Basin benefits. Use of the stormwater utility approach <br /> <br />· A stormwater utility may utilize fees for the operation and maintenance of storm water <br />improvements to provide staffing for the activities of the utility, and to maintain the facilities <br />once they are built. There will be an ongoing need for services within the Local Basin, as <br />well as to maintain the facilities once they are built. <br /> <br />· Use of a stormwater utility in Colorado counties enhances the County's authority to collect <br />system investment fees, since the fees would be legally supported by the existence of an <br />operational stormwater utility. <br /> <br />· The use of a stormwater utility is thought to be the most equitable method of funding <br />stormwater improvements, since a precise relationship can be established between the <br />amount of runoff generated by a given property and the amount assessed to the property. <br /> <br /> <br />· The use of a stormwater utility by the County provides for equitable funding between City <br />and County. Since the two funding sources are equivalent, property owners are paying nearly <br />the same whether the property is within or outside the City. Division of funding <br />responsibilities is simply based on geographic area within the respective jurisdictions. <br /> <br />· The use of a stormwater utility provides flexibility in terms of future annexations by the City <br />of Fort Collins. Since the fee structures are very similar between City and County, areas that <br />are annexed simply will begin paying the fees to the City instead of the County. <br /> <br />Land Acquisition <br /> <br />The Project will require acquisition of property by Larimer County for construction of detention <br />storage pond embankments and outlet facilities. Property or rights to property will have to be <br />purchased to allow flooding ofland in the impoundments. Property will also be purchased by the <br />City of Fort Collins to allow construction ofthe East Vine channel for stormwater spilled from <br />the Larimer and Weld Canal. <br /> <br />16 <br />