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<br />Column 8 - Residual Average Annual Flood Damage Cost <br /> <br />Each of the vanous a 1 ternat i ves wi II s till incur expec ted. damages when, <br /> <br />for example, the lOO-year storm overflows a channel which is designed <br /> <br />for the 5year flow. These damages do not include channel erosion and <br /> <br />structural damage which are part of annual O&M.costs, but do include <br /> <br />residential and commercial flood-caused damages. Data on residual <br /> <br />average annual flood damages prepared by the Corps of Engineers (March, <br /> <br />1977) was updated to 1979 based on building cost indexes published in <br /> <br />Engineering News Record. <br /> <br />Column 3 - Construction Cost <br /> <br />Capital construction cost for each improvement action listed; developed <br /> <br />using the unit prices, engineering, fiscal and administrative, and <br /> <br />contingency costs previously presented in this section. <br /> <br />Column 4 - Right-of-Way Cost <br />The costs associated with land acquisition within the study area were <br /> <br />extracted from data prepared by the Corps of Engineers and were updated <br /> <br />to reflect current valuations. <br /> <br />Column 5 - Total Cost <br /> <br />The total cost of construction and right-of-way <br /> <br />Column 6 - Annualized Total Cost <br /> <br />The total cost amortized over a 50-year period using a 6-6/8 percent <br /> <br />interest rate. <br /> <br />Column 7 - Annual Operation and Maintenance Costs <br /> <br />Operation and maintenance (O&M) cost includes the daily, monthly and <br /> <br />yearly efforts required to maintain the hydraulic and aesthetic qual ities <br /> <br />of the drainageway. <br /> <br />These efforts would include, but would not be limited to the following <br /> <br />o <br /> <br />replacement of pedestrian bridges at 25, 50, and 75 year". <br /> <br />Mowi ng <br /> <br />access path repair <br /> <br />ferti 1 izing <br />weeding <br />amortization of equipment <br /> <br />wages and benefits of employees <br /> <br />reseeding of damaged areas <br /> <br />bank stabilization <br />repair of erosion damage <br /> <br />o <br /> <br />o <br /> <br />o <br /> <br />o <br /> <br />o <br /> <br />o <br /> <br />o <br /> <br />o <br /> <br />o <br /> <br />items: <br /> <br />o debris removal <br /> <br />o sediment removal <br /> <br />Column 9 - Average Annual Damage Reduction <br />The average annual damage reduction is the estimated total accrued <br /> <br />benefit resulting from constructed improvements. It is the difference <br /> <br />between the present level of expected annual damages and the annual <br /> <br />o <br /> <br />Trimming trees and brush <br /> <br />replacement of landscaping (trees and bushes) at 25, 50, and <br /> <br />75 years. <br /> <br />o <br /> <br />64 <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 />