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The Granada Flood Control Project provides 100..year flood protection for the Town of Granada including property and residents. Areas and properties in the 1 DO-year floodplain prior to construction of the Project were shown on the U.S. Department of Housing and Urban Development (HUD), Federal Insurance Administration (FIA), Flood Hazard Boundary Map of the Town of Granada, (Prowers County), Colorado, dated July 18, 1975. Completion of the Project in 1980 modified the lOO-year floodplain for Wolf Creek as shown on the HUD map and excluded the 1 DO-year flood from the portion of the Town in the ] OO-year floodplain lying east and south of the Corps right bank levee. As a result the entire corporate limits of the Town east and south of the Corps right bank levee were then out of the IOO-year floodplain. The portion of the floodplain within the corporate limits of the Town lying west of the Corps right bank levee along Wolf Creek remain in the IOO-year floodplain. The Federal Emergency Management Ag(:ncy (FEMA) acknowledged the Project's protection in a letter dated June 14, 1984 to the T OWIl of Granada. FEMA stated in the letter that they had determined that the community (Tovm of Granada) met FEMA's criteria for conversion into the Regular Flood Insurance Program as minimally flood prone on the basis that the Town's Special Flood Hazard Area was small in size, with minimal flooding problems, and was unlikely to be developed in the foreseeable future. The Flood Insurance Rate Map (FIRM) cited in this letter was produced from the previously issued Flood Hazard Boundary Map. The effective date of this action and the final FIRM was September 24, 1984. POST-PROJECT FLOODED AREAS The approximate post-project floodpl"in boundary for Wolf Creek is shown in Appendix III on Plate 3, titled Flooded Areas (Post Project Conditions). This map and infommtion included in Appendix III was prepared by the Corps. Because of the protection provided by the Project, the pre-project 1 DO-year floodplains for Wolf Creek have been modified. The 1 DO-year flood is now excluded from the corporate limits of the portion of the Town in the 1 DO-year floodplain lying east arid south of the Corps right bank levee. The portion of the floodplain within the corporate limits of the TO~~llying west of tlle Corps right bank levee along Wolf Creek remain in the 100-year floodplain. The unincorporated areas to the landside (east and south) of the Project levee are also protected. Floods larger than the 100-year flood can occur on Wolf Creek and th" Town may be subject to risks from such floods. Floods were exp'~rienced in the summer of 1993 tlu'oughout the Midwest that in fact exceeded the design capacity of their levees. The modification of the pre-project 1 DO-year floodplains by the Project challileJ and levee confines the lOO-year flood to a smaller portion of the original floodplain but provides increased channel capacity for the flood flows. This increased channel capacity also increased the velocity 7