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FLOOD02057
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Last modified
11/23/2009 12:57:59 PM
Creation date
10/4/2006 10:34:35 PM
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Template:
Floodplain Documents
County
Morgan
Community
Weldona
Title
Hazard Mitigation 404 Grant Application
Date
1/30/1998
Prepared For
FEMA
Prepared By
CWCB
Floodplain - Doc Type
Flood Mitigation/Flood Warning/Watershed Restoration
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<br />e G, COST EFFECTIVENESS <br /> <br />. Useful life of the project: 50 years <br /> <br />. Average annual maintenance cost: $3500 <br /> <br />. Frequency ofthe flood event that was experienced: 100-year <br /> <br />. Estimated actual damages due to 1997 flood event (or other specific event): $902,000 <br /> <br />. Estimated dollar amount of damage to be prevented: $902,000 for the 100-year event <br /> <br />. Justification to support damage estimates: See Section V of the project report: <br /> <br />. Number of people protected by the proposed project: Approximately ISO. <br /> <br />. Value of property to be protected by the proposed project: Approximately $4.1 million <br /> <br />Section V of the project report includes a more detailed description of the cost effectiveness information for <br />the proposed project. A preliminary computer run performed by CWCB staff (using FEMA's B/C ratio <br />program) indicates a Benefit/Cost ratio of 1.83 for this project. <br /> <br />. <br /> <br />e <br /> <br />-8- <br />
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