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<br />. <br /> <br />. <br /> <br />. <br /> <br />COST EFFECTIVENESS <br /> <br />. Useful life of the project: 50 years <br /> <br />. Average annual maintenance cost: $500 <br /> <br />. Frequency of the flood event that was experienced: 50-year <br /> <br />. Estimated actual damages due to 1995 flood event: $346,000 <br /> <br />. Estimated dollar amount of damage to be prevented: $346,000 for the 100-year event <br /> <br />. Justification to support damage estimates: See attached damage spreadsheets previously <br />approved by FEMA Region 8 staff, <br /> <br />. Number of people protected by the proposed project: Approximately 75. <br /> <br />. Value of property to be protected by the proposed project: Approximately $1.2 million <br /> <br />A preliminary computer run performed by CWCB staff (using FEMA's B/C ratio program) <br />indicates a Benefit/Cost ratio of 1.10 for this project, The B/C printout is provided as an <br />attachment. <br />