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I I I I I I I I I I I I I I I I I I I · The property owner will receive a check from the County, in the amount agreed upon. The County will make every effort to maintain communication with the property owner as the project is implemented. Other Institutional Arrangements Construction of the project will require execution of agreements between the County and the Larimer -Weld Ditch Company, as well as amendment of City of Fort Collins - Larimer County IGA. It will also require permits from the US Army Corps of Engineers and the Colorado Department of Health. Finally, the Project will require approval ofthe Federal Emergency Management Agency (FEMA) as evidenced by a Conditional Letter of Map Revision (CLOMR). Larimer-Weld Ditch Company The URS Plan has been reviewed by the Larimer-Weld Irrigation Company and their engineering consultant, Mr. John Andrew, PhD of Water Management Consultants, Denver, Colorado. The Irrigation Company has approved the plan in concept as evidenced by a letter from Mr. Mayo Sommerrneyer, legal counsel to Larimer-Weld Irrigation Company, Appendix 111. The general intent of discussions among Larimer County, the City of Fort Collins and the Larimer- Weld Irrigation Company has been that the irrigation company will authorize the use of their facilities for stormwater storage and transport, provided that the City and County agree to maintain the facilities and assist the Company in transporting water along Dry Creek from Douglas Reservoir for delivery into the Larimer -Weld Canal. This conceptual arrangement will be drawn into a formal agreement between Larimer County and the Larimer-Weld Irrigation Company. It is anticipated that the City of Fort Collins, with funding from Larimer County will become responsible for maintenance of the L- W Canal along the section used for transport of floodwater with construction of the Project. The irrigation company has in recent years become increasingly responsible for stormwater runoff originating in developed areas upstream of the canal. The City is more capable of addressing urban stormwater operational needs than the irrigation company. Larimer County and the State of Colorado A contract will be entered into between Larimer County and the State of Colorado for the purpose of defining the terms and conditions for the loan, and the requirements for its repayment. The County will commit to using its full authority to enforce payment of service fees for the Dry Creek Stormwater Utility, and the County will pledge that the West Vine Stormwater Utility will place debt service on the CWCB loan above all other commitments and expenditures of the utility. Federal Emergency Management Agency (FEMA) The Dry Creek floodplain encompasses some 1,000 acres in the Fort Collins urban area. In accord with FEMA requirements, properties within the area must meet floodplain regulations of 18