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Finance Committee Meeting 2009
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Finance Committee Meeting 2009
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8/18/2014 1:33:12 PM
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Board Meetings
Board Meeting Date
9/15/2009
Description
Finance Sub-Committee Meeting September 15, 2009
Board Meetings - Doc Type
Meeting
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Non-Reimbursable Investment Application-CWCB Construction Fund <br /> Form Revised July 17,2008 <br /> • <br /> There are a number of scopes of work (referred to as Mapping Activity Statements) that are <br /> completed or in progress to address floodplain mapping activities in Colorado. Copies of <br /> these can be made available as needed and are also located on the L: drive in the Section A <br /> folder. At the onset of the Map Modernization program in 2003, the CWCB developed a <br /> Business Case Plan which determined priorities for countywide DFIRM projects for each <br /> year of the Map Modernization program. The priorities were primarily determined upon <br /> growth, population, history of severe floods, panel age, and county interest. The Business <br /> Case Plan is a working document that is amended for FEMA and the State to reassess the <br /> previous determined priorities, previous project completions and yearly anticipated budget. <br /> The Map Modernization program is currently transitioning into Risk Map, which will shift <br /> the priority of countywide DFIRM projects to counties and communities that have specific <br /> mapping needs. Local flood hazard mitigation plans will play an integral role in the Risk <br /> Map program. The State is currently working with FEMA to update the Business Case Plan <br /> to reflect the concepts of Risk Map. These documents will be available upon request. <br /> 9. What is the estimated cost of the project or study? Please include estimated Planning, <br /> Engineering, and Construction costs, if known: <br /> Estimated Engineering/GIS/Study Costs: $1,900,000 (this year) <br /> Estimated Planning Costs: $ <br /> Estimated Construction Costs: $ <br /> Estimated Total Costs: $1,900,000 <br /> 10. What amount are you requesting? $500,000 <br /> Where will the rest of the funding come from? <br /> Federal Grants $1,100,000 <br /> Local Cost Share $300,000 <br /> Part C.-Project Sponsor Financial Information <br /> The CWCB Construction Fund is primarily a revolving loan fund. Non-reimbursable Investments <br /> are approved only when the project or study is of statewide interest and benefits a wide range of <br /> • <br /> 4 <br />
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