BOARD02497

• Board Meeting Date: 7/14/1971
• Description: Agenda or Table of Contents, Minutes, Memos
• Board Meetings - Doc Type: Meeting

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this red line. That is the calculated flood
plain which can be determined by engineering
calculations. Once that land is acquired then
that land would be converted to a public park so
that if and when the river flooded and we're
sure it will from time to time, all the land
that is flooded, is public park .arid open space
land. No private damage occurs to any adjacent
private property, there is no encroachment on
private property, only a public park is flooded.

Now the diversion works, we would have to
have diversion works built at the north end of
the project downward which would be in the vic-
inity of the south boundary of Columbine Valley.

In other words. the proposal is to convert
this land which is about 400 to 450 acres to
public park and then proceed with the river
channel as has been proposed from here north.
There would be diversion works necessary to be
constructed right here in order to get the flood
plain back in the channel as it is vuilt.

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Now, to finance this proposal the City of
Littleton proposes four different funding
sources. The first of these would ve to have
the state proceed to buy the land within the
channel right-of-way as has been outlined here,
from Columbine Valley south to 1-470, that land
area amounts to 94 acres. We would say to the
state, 'Go ahead and buy that land.' To buy the
land adjacent to the flood plain we would ask
the Corps of Engineers to divert the money that
they are going to spend to dig the channel into
the money that would be used for land acquisition.
That still leaves the matter of fact that it
doesn't pay the full cost, but we are proposing
that that local share be funded from a few
sources. The first would be either the Bureau of
Outdoor Recreation or the Department of Housing
and Urban Development through an existing grant
program and the second source would be through
the City of Littleton through what revenue pro-
ducing capacity it has to pay the local share.
In other words, we are not asking the state to