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<br />LESSONS of RECOVERY - A REViEW of TIlE 1 997 CoLoRAdo Flood DisASTER <br /> <br />The total of $21.1 million paid out in other insurance claims includes $9,8 million for automobile insurance <br />claims and $11,3 million in "other" homeowners claims (weather damage determined to be side effects of the <br />storm, e,g" rain, wind and hail, rather than actual flood damage). <br /> <br />Colorado State University <br /> <br />INSURANCE SETTLEMENT $ 62 Million <br />RESTORATION OF DAMAGED BOOKS 40 Million <br />TOTAL $ 1 02 Million <br /> <br />The process of restoring 437,000 flood-damaged books and journals could take years and the total estimated <br />cost of salvage ranges from $20 to 60 million, depending on how many books can be saved. The books are <br />being restored by a company in Texas using a freeze-drying technique. <br /> <br />Colorado Disaster Emergency Fund Expenditures <br /> <br />PAYMENT TO CSU TO EXPEOITE RECOVERY EFFORTS $ 5,000,000 <br />STATE SHARE OF FEMA PUBLIC ASSISTANCE PROGRAM 1,500,000 <br />STATE SHARE OF INDIVIDUAL & FAMILY GRANT PROGRAM 690,000 <br />TOTAL $ 7,190,000 <br /> <br />The table above indicates expenditures from the Disaster Emergency Fund during the 1997-98 state fiscal <br />year. The purpose of the $ 5 million payment to Colorado State University was to expedite recovery efforts and <br />to help university officials resume operations in time for the Fall, 1997 semester. Included in the $690,000 <br />payment for the non-federal share of the Individual and Family Grant is a $4,000 payment to the Colorado <br />Department of Public Health and Environment for encephalitis testing in declared counties. <br /> <br />Larimer County/Fort Collins <br /> <br />The Small Business Administration administered $7.7 million in disaster loans in Larimer County. The National <br />Flood Insurance Program paid $1.5 million in claims in the county and FEMA provided $2.8 million in housing <br />grants. FEMA Public Assistance program (infrastructure) expenditures included $900,000 in federal funds, <br />$679,000 in local funds, and $300,000 from the state, Federal and state governments shared the costs of <br />providing Individual and Family Grants to Larimer County flood victims totaling $2.5 million (75% federal, 25% <br />state). The total cost of administering the Project Rebound Crisis Counseling Program was $104,416. The City <br />of Fort Collins and Larimer County are also expending hundreds of thousands of dollars on post-flood <br />mitigation projects. FEMA has approved a $400,000 hazard mitigation grant for Fort Collins. <br /> <br />Morgan and Logan Counties <br /> <br />Flood victims in Morgan and Logan Counties received $3 million for covered losses under the National Flood <br />Insurance Program. The Small Business Administration provided $2.6 million in disaster loans in the two <br />counties and FEMA provided another $700,000 million in housing grants. A combination of local, state, and <br />federal funds have been used to restore roads and bridges damaged in the two counties, as well as to <br />construct flood protection works for the communities of Weldona and Atwood, <br /> <br />Colo.....do OffiCE of EMERGENcy MANAGEMENT <br /> <br />9 <br />