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Funding could be obtained through the V.S. Soil Conservation Service. the Agricul- tural Stabilization and Conservation Service, the S.D. Conservation Commission, the S.D. Department of Environment and Natural Resources, local governments, or the V.s. Environmental Protection Agency. 155 U E 2 LOSSES TO COMMERCIAL AND RESIDENTIAL PROPERTY FROM FLOODING The Basin is vulnerable to recurring floods. Each event damages commercial and residential property. Few residents have flood insurance. The 1993 flood caused signif- icant property losses in Montrose and Davis as well as other communities along the Vennillion River. I I POTf.Nl'IAL SOI.UTION 2-A AJopt and enforce zoning regulations, subdivj. siorl regulations, building codes, construction standards, flood llamage prevention ordi- nances, drainage regulations, and a uniform drainage code anJ/or plan to minimize future dnmage. [111is action would also lUldress lAck of Comprehmsive Floodplain and Watershed Management and Mitigation Planning; see Solution I-E, page 16. It would address Flooding in the Vermillion River valley; see Solution 2-D, page 16. It would address Flooding around lAke Thompson; see Solution J.e, page 18.J Floodproof commercial structures whl.'refeasible. I Counties. municipalities. Township Trustees, or city councils could take this action. It could be a function of a future basin-wide water management authority. All should be in place by January 1997 (1995 for drainage regulations). This effort could be funded through existing local revenues and annual budgets. Permit fees and flood zone detennination fees could provide additional revenue. The plan- ning and development districts and the state Hazard Mitigation Team can provide techni- calassislance. land acqUISition program. Localities could use their existing budgets to work together. For agricultural leases and acquisitions, the S.D. Department of Game, Fish and Parks., the V.s. Fish and Wildlife Service, the Agricultural Stabilization and Conservation Service, and private non-profit organizations can all take action. Funding for agricultural properties could come from the Agricultural Stabilization and Conservation Service's Wetland Reserve Pro- gram, the state (especially for tax relieO, and the S.D. Department of Game, Fish and Parks.. Implementation could begin immedi- ately, and certainly by the next Wetlands Reserve Program signup. POTfNTIAL SOLUTION 2-8 Buy flooded properties for public use and/or relocJ1tion.[Thisaction wouU also aJdrCS$ Grow- ing Demand for Open Spau and Recreation Areas; Sl.'eSolution l-B,pageJJ.} Negotiate flooding easements. Contact otller municipalities in the Basin to determine their in.terest in relocation I.Hld acquisition. For residential and commercial acqui- sition, the Governors Office of Economic Development could take the lead, along with the Federal Emergency Management Agency. the S.D. Division of Emergency Manage- ment, the S.D. Housing Authority. a future basin-wide waler management authority, TLC Water Project District, and the S.D. Department of Agricuhure. Some funds are available through the VS Department of Housing and Urban Development's Community Development Block Grants, the Federal Emergency Management Agency's H32'Md Mitigation Grant Program, and the S.D. Game, Fish and Parks POTENTIAl. SOI.UTION 2-C Floodproof individual properties by construct- ing dikes and usingfi/L The lead could be taken by the Small Business Administration, Historic Preservation, the Federal Emergency Management Agency, property owners, and a future basin~wide water management authority. Post-disaster federal aid is available in the fonn of Small Business Administration low-inlerest loans. Funds may also be avail- able from private non-profil organizations. the National Historic Trust. or the Federal Emergency Management Agency's Infras- tructure Program (for public facilities only). ED