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<br />c. Estimated interest cost for reconstruction loans (SBA); <br />Approximately $23,000,000 In disaster loans were granted by the Small <br />Business Administration in the Denver area for'reconstruction of <br />damaged or flood-razed industrial firms, business establishments, <br />and private dwellings. These loans have, a maximum repayment term of <br />20 years at 3 percent interest a year. Based on $23,000,000, the <br />interest on these loans was estimated to be $18,540,000, and.is an <br />added financial burden on the recipients of the loans. <br /> <br />d. Estimated loss in State and Fede~al tax revenues. The tax <br />revenue losses by the State of Colorado and the Federal Government <br />are respectively 5 percent and 12 percent of the direct property <br />casualty losses. These percentages were applied only to the direct <br />physical damages caused by the flood in the South Platte River basin. <br /> <br />31. SCOPE OF FLOODING <br /> <br />The streams of the South Platte River basin on which flooding <br />occurred during June and July 1965 are shoWn on plate 5. Flooding <br />began on the northern tributaries on 14 June. As the storm moved <br />southward, major flooding occurred on Plum Creek, Cherry Creek, Sand <br />Creek and Toll Gate Creek on the South Platte River and its downstream <br />tributaries -' the Cache LaPoudre River, the Big Thompson River, and <br />on the right bank tributary streams -, Box Elder, Kiowa, Bijou, Badger <br />and Beaver Creeks. The Plum Creek and Bijou Creek basins received <br />the more intense rainfall and experienced the higher peak discharges. <br />During July, Plum Creek, Cherry Creek, Sand Creek, and the Bijou <br />Creek basins experienced repeated flood runoff which hampered recovery <br />operations and caused additionai damages, particularly to temporary <br />stream crossings constructed'to accommodate traffic after the bridge <br />destruction in JUne. Moreover, Bear Creek and Clear Creek, in the <br />metropolitan area of Denver, experienced flooding during the July <br />storms. These two streams had been outside the area of major storm <br />runoff in June. The estimated number ofe.cres flooded during the <br />June floods is tabUlated by stream in table 5., <br /> <br />22 <br />