BOARD00161

• Board Meeting Date: 5/23/2005
• Description: Flood Section - South Platte Easement - Fee Structure
• Board Meetings - Doc Type: Memo

.

.,

.

.

.

The cost of said appraisals/surveys would be borne by the applicant.

Maximum term of easement is twenty-five (25) years,

The easement value is computed as follows:

Step 1 - Determine the market value of the property in square feet or acres,
Step 2 - Determine size (area) of impacted CWCB Right-Of-Way,
Step 3 - Select an easement class factor from the Land Use Compensation Schedule (attached
as a part of Exhibit B*) which considers the development potential of the site,

Value Formula- Value = (Market value rate/area) X (area in sq, ft, or acres) X (easement
class factor),

Value = Dollar value for one-time lump sum payment. The easement is renewable in (25) years
and the consideration for renewal will be the computed amount adjusted for inflation,

Method II - Drainal!e Value Method (1996 METHOD)

-.

This method shall use an annually established standard rate that will be used equally for all
applications not considering the particular location of the easement. The method is applicable
when a floodwater discharge is passing over or through an existing or newly constructed project
feature or facility (weir, culvert or pipe, inlet box, spillway or other structural design feature),
No charge will be assessed for the passage of floodwaters over natural conveyance paths or
man-made earthen channels,

Maximum term of easement is twenty-five (25) years,

The Value is computed as follows:

Step 1- Use the UD&FCD easement fee rate, This is $I.QO sq, ft, for 1995-96,
Step 2 - Determine size of impacted CWCB Right-Of-Way, ,

Value Formula - Value = (Standard rate @$1.00 sq,ft,) X (area in sq,ft,or acres),

Value = Dollar value is for a one-time lump sum payment. The easement is renewable in 25
years and the consideration for renewal will be the computed amount adjusted for inflation,

Note: When either Method I or Method II is computed and determined to be less than $250,
a minimum charge of$250 will be assessed.

Note: Method I refer to Exhibit B. * Exhibit B, Contracts and Procurement Code Manual,
Office of the Attornev General. June 9, 1988, is on file at the CWCB offices.

Flood Protection. Water Project Planning and Financing. Stream and Lake Protection
Water Supply Protection. Conservation Planning

2