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<br /> <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br /> <br />- 15 - <br /> <br />A. Tanqible Benefits <br /> <br />l. Direct Benefits: <br /> <br />a. Reduced flood damages. <br /> <br />b. Reduced probability of loss of life. <br /> <br />c. Other. <br /> <br />2. Indirect or Secondary Benefits <br /> <br />a. Increased land utilization. <br /> <br />b. Reduced traffic delay. <br /> <br />c. Open space and recreation benefits. <br /> <br />d. Reduced income loss. <br /> <br />e. Reduced production and sales loss. <br /> <br />f. Reduced roadway maintenance. <br /> <br />g. Other. <br />B. Intanqible Benefits <br /> <br />l. Reduced inconvenience. <br /> <br />2. Social environment benefits. <br /> <br />3. Sense of security benefits. <br /> <br />4. Other. <br /> <br />Tangible benefits can be quantified and should be addressed in <br /> <br />the benefit-cost analysis. Intangible benefits, by definition, <br /> <br />cannot be quantified and must be handled qualitatively. The <br /> <br />bulk of the benefits which will be included in the benefit-cost <br /> <br />analysis will be reduced flood damages. It is recommended that <br /> <br />the potential for loss of life be quantified as suggested in the <br /> <br />~ Leonard Rice Consulting Water Engineers, Inc. <br />