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<br />199B. Colorado Flood Hazard Mitigation Plan (4081 <br /> <br />Status report No.1, dated December 1983, was pre- <br />pared pursuant to a commitment towards implementa- <br />tion of the plan expressed in Govemor Lamm's Jan- <br />uary 14, 1983, letter transmitting the original plan to <br />the FEMA regional director. <br /> <br />The second annual mitigation program review was <br />prepared in January 1985 under authority of para- <br />graph 10 of a FEMNState Agreement signed by Gov- <br />ernor Lamm on August 1, 1984. This agreement was <br />negotiated following President Reagan's declaration of <br />ten Westem Slope counties as a major disaster area <br />eiigible for public assistance on July 27, 1984 (FEMA- <br />719--DR-CO). <br /> <br />The 1998 Flood Hazard Mitigation Plan (409) updates <br />the previous pians and incorporates additional infor- <br />mation. <br /> <br />In 1988, The Colorado Geological Survey (CGS) pre- <br />pared the Colorado Landslide Hazard Mitigation Plan <br />in response to flooding and mudslides on the western- <br />slope. <br /> <br />In 1995, The Colorado State Forest Service (CSFS) <br />prepared the Colorado Wildfire Hazard Mitigation Plan <br />is response to wildfires in the state. <br /> <br />3.3.3.5 Colorado Water Conservation Board <br />(CWCB) - FMA Eligible Project(s) <br />Grants <br /> <br />Pre-disaster flood mitigation planning and implemen- <br />tation funds are now available under the FEMA-funded <br />Flood Mitigation Assistance (FMA) program. The <br />Colorado Water Conservation Board (CWCB) admin- <br />isters the program. In Federal FY 98 (October 1, 1997 <br />- September 30, 1998), the program will provide: (1) <br />$106,290 in project funds to implement measures to <br />reduce flood losses; and (2) $11,900 in planning funds <br />for developing or updating local flood hazard mitiga- <br />tion plans. Fund amounts represent the 75 percent <br />federal share. Interested entities must provide a 25 <br />percent match. One -half of the 25 percent (12 1/2 <br />percent) must be cash. The other ha~ may be in-kind. <br />Any city, town or county that participates, in good <br />standing, in the National Flood Insurance Program <br />(NFIP) is eligible to compete for these funds. <br /> <br />Examples of eligible projects include: 1) elevation of <br />insured structures; 2) acquisition of insured structures <br />and real property; 3) relocation or demolition of in- <br />sured structures; 4) dry floodproofing of insured struc- <br />tures; 5) minor, localized structural projects that are <br />not fundable by state or other federal programs; and 6) <br />other activities that bring an insured structure into <br />compliance with floodplain management requirements <br />in 44 CFR 60.3 (NFIP Regulations). <br /> <br />l'HMP-Chapter-3.pub <br /> <br />Chaptllr 3 - 27 <br /> <br /> <br />. Georgetown Planning Grant - $11,900 <br /> <br /> <br />. Silver Plume Project Grant - $23,454 <br /> <br /> <br />. La Junta/otero County Planning Grant <br /> <br />$100,000 <br /> <br /> <br />Figure 3--6 <br /> <br />". '=._ ~ ,"~ l1B<..:._---.O'-",N_'-o-'~ji",_<'''mu:.-..''-_"'.~:_..~.;...-.:;;,ft0!"_'' <br /> <br />Minimum Project Eligibility Criteria <br /> <br />1. Be cost effective, not costing more than the antici- <br />pated value of the reduction in both direct damages <br />and subsequent negative impacts to the area if <br />future floods were to occur. Both costs and bene- <br />fits are computed on a net present value basis. <br /> <br />2. Be in conformance with 44 CFR Part 9 Floodplain <br />Management and Protection of Wetlands; Execu- <br />tive Order 12699, Seismic Safety of Federal and <br />Federally Assisted or Regulated New Building Con- <br />struction; 44 CFR Part 10, Environmental Consid- <br />erations, and Any Applicable Environmental Laws <br />and Regulations. <br /> <br />3. Be technically feasible. Be in conformance with the <br />minimum standards of the NFIP regulations at 44 <br />CFR Part 60. <br /> <br />4. Be in conformance with the community's flood <br />mitigation plan; the type of project being proposed <br />must be identified in the plan. <br /> <br />5. Be located physically in a participating NFIP com- <br />munity that is not on probation or must benefit <br />such community directly by reducing future flood <br />damages. <br /> <br />Piease note that No.5, above, impiies that a commu- <br />nity must have an adoDted "ood hazard mitiaation oIan <br />to be eUgib/e for project funds. The eWCB has a model <br />oIan that meets FMA minimum standards. The eWCB <br />staff assists local governments in the adoption pre- <br />cess, as needed. <br /> <br />Planning Grants <br /> <br />Funding to develop or update local flood hazard miti- <br />gation plans is also available through FMA. Commu- <br />nities that plan on competing for FMA project funding <br />must have adopted such a plan. The implementation <br />of a long-term comprehensive program of floodplain <br />management is necessary for the long-term success <br />of a community's flood mitigation strategy. Floodplain <br />management is a continuous process of decision- <br />making about how floodplain lands and waters will be <br /> <br />212198 8:49 AM <br />