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Background <br /> In the past 20 years, there have been nine presidential • <br /> disaster declarations due to flooding in Colorado. Between 20 <br /> and 30 major floods occur somewhere in Colorado every year. The <br /> largest number of people killed in a single flood event is the <br /> 144 lives lost during the Big Thompson Canyon flood of July 31, <br /> 1976. At least 350 people have been killed from floods since <br /> Colorado became a state. The most damaging flood occurred in <br /> June, 1965, when almost $500 million in property was lost in the <br /> Denver metropolitan area. Cumulative flood losses since <br /> statehood are estimated to be over $1 . 6 billion at present value. <br /> Floodprone areas have been identified in 212 cities and <br /> towns and in all 63 Colorado counties. Approximately 150,000 <br /> people, or about 5 percent of the state ' s permanent population, <br /> are now believed to be living in the floodplain. The total value <br /> of property exposed to flood hazards is estimated to be over $6 <br /> billion. Only about nine percent of all structures in the <br /> floodplain are insured and the amount of coverage is estimated to <br /> be only about seven percent of the value of the exposed <br /> property. <br /> There are 120 federal and 2, 172 non-federal dams, or a total <br /> of 2,292 high, moderate, and low hazard dams in the State of <br /> Colorado. Since 1890, there have been at least 130 known dam <br /> failures and incidents in Colorado. • <br /> In short, as the population of the state grows, the <br /> potential for higher flood damages also increases . <br /> Existing Mitigation Efforts <br /> Numerous federal, state, and local government agencies have <br /> already developed programs under various authorities that take <br /> flood hazard mitigation into consideration. At the state level, <br /> four agencies are involved. The Colorado Water Conservation <br /> Board is responsible for floodplain designations and for <br /> assisting local governments with their floodplain management <br /> programs. The Division of Water Resources is the agency <br /> responsible for managing the state 's Dam Safety Program. The <br /> Colorado Geological Survey is responsible for identifying <br /> geologic hazards. The Division of Disaster Emergency Services is <br /> responsible for coordinating emergency preparedness activities <br /> among agencies at all levels of government. <br /> Critical Issues <br /> The integration of floodplain management, geologic hazard <br /> management, dam safety, and emergency preparedness is important <br /> to establishing an effective flood hazard mitigation plan among <br /> state and local government agencies . The resolution of critical <br /> MEMORANDUM -2- April 23, 1985 <br />