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<br />10-, 50-, 100-, or 500-year period (recurrence interval) have been <br />selected as having special significance for floodplain management and <br />for flood insurance rates, These events, commonly termed the 10-, 50-, <br />100-, and SOO-year floods, have a 10, 2, 1, and 0,2 percent chance, <br />respectively, of being equaled or exceeded during any year. Although <br />the recurrence interval represents the long-term, average period between <br />floods of a specific magnitude, rare floods could occur at short <br />intervals or even within the same year, The risk of experiencing a rare <br />flood increases when periods greater than 1 year are considered, For <br />example, the risk of having a flood which equals or exceeds the 100-year <br />flood (l percent chance of annual exceedence) in any 50-year period is <br />approximately 40 percent (4 in 10); for any 90-year period, the ri sk <br />increases to approximately 60 percent (6 in 10), The analyses reported <br />herein reflect flooding potentials based on conditions existing in the <br />community at the time of completion of this study. Maps and flood <br />elevations will be amended periodically to reflect future changes, <br /> <br />. <br /> <br />3,1 Hydrologic Analyses <br /> <br />Hydrologic analyses were carried out to establish the peak <br />discharge-frequency relationships for each flooding source studied <br />in detail affecting the community. <br /> <br />The hydrologic analysis for Clear Creek was performed by the COE, <br />Omaha District (Reference 23), Their analysis was based on fully <br />developed basin conditions. Discharge records for the Clear Creek <br />stream gages at Golden and Derby were analyzed using methods <br />presented in Bulletin No. 17 published by the U.S. Water Resources <br />Council (Reference 35). The results of these analyses were used to <br />calibrate to the following runoff models: the Massachusetts <br />Institute of Technology Catchment Model (MITCAT) (Reference 36), <br />and the U,S. Environmental Protection Agency (EPA) Storm Water <br />Management Model (Reference 37). MITCAT was used to model the 400- <br />square-mile mountainous area upstream from Golden; the Storm Water <br />Management Model was used to model the lower 175-square-mile plains <br />basin, Rainfall values used'in the models were obtained from the <br />Precioitation-Freauencv Atlas of the Western United States, Volume <br />II. Colorado, published by the National Oceanic and Atmospheric <br />Administration in 1973 (Reference 38). <br /> <br />The hydrologic analysis for Bear Creek was performed by the COE, <br />Omaha District (Reference 24). The Bear Creek Dam and Reservoir <br />intercepts flows from 239 square miles of the total 261-square-mile <br />drainage basin, The remaining square-mile drainage area below Bear <br />Creek Dam still has the potential of generating damaging runoff <br />flows during a cloudburst event over the lower basin, No <br />applicable runoff records are available through this reach because <br />of the recent construction of the dam. Therefore, discharges for <br />the 22-square-mile drainage area below the dam were developed by <br />using the EPA Storm Water Management Model (Reference 37) with <br />modifications by the Missouri River Division of the COE. These <br />discharges were computed assuming full basin development, <br /> <br />16 <br />