BOARD00021

• Board Meeting Date: 7/12/1965
• Description: Minutes
• Board Meetings - Doc Type: Meeting

,*.j~l::S

NIL STAPLETON:

r.lR. SLIZESKI:

I-IR. STAPLETON:

HR. SPARI<S:

damage. Nm., we include in this, and I think
this is the difference between the figures
that you see in the newspapers, the indirect
damages \.,hich v,e have developed on the basis
of long experience - the Kansas city floods,
the Sioux City floods - we go ba~, in and
m~,e post-flood damage reports and try to I
pin down the damages which are not immediately .
apparent right after a flood.

The distribution of this $500 million
for the South platte Basin, we believe that
in the Denver metropolitan area, and by this
I mean from plum Creek confluence down to
belov, Brighton, that \.,e will come up with
both directs and indirects of something over
$300 million in metropolitan Denver. The
remainder of the basin, then, we estimate
that there \.,ill be something over $200 million
damages.

Chatfield Dam, if it had been in place,
would have prevented in metropolitan Denver
$296 million worth of damages."

"And, of course, the Arkansas is by the
Albuquerque office so we don't have those
figures but they vlOuld be added to that."

"IIr. Redmond had to be v,i th the Congres-
sional committee and couldn't be here."

"Thank you. I'd like to up that figure
to a half a billion dollars if, Felix, you
don't feel that's too much?"

"He have in the record what .the corps of
Engineers has said. I was trying to be ultra-
conservative. If the Corps figures $500
million in the South Platte, then there was
another $100 million or so in the Arkansas,
so $500 million would then be a reasonable
figure.

I

I knov, in Prm.,ers County alone the dam-
ages probably e:-:ceed $20 million."