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<br />1 <br /> <br />TABLE 3-1 <br /> <br />ESTIMATED COST FOR TEMPORARY CLOSURES' <br /> <br />Item <br />Flood Shields (3 - 3'x3' aluminum, installed) <br />Sewer Gate Valve <br /> <br />Estimated Cost <br /> <br />Total First Cost <br /> <br />Annual Cost' <br /> <br />Annual Cost as Percentage <br />of Structure Value <br /> <br />; <br /> <br />$ 980. <br />300. <br />$1,280. <br />$ 102. <br />.34 <br /> <br />; <br /> <br />; <br /> <br />1 Estimated for a $30,000, 1,600 square foot structure with front, rear, and side entrances. Closure to <br />3 feet above first floor. Costs include 25 percent for contractor's bonds, overhead, profit and <br />engineering. <br /> <br />2 Amortized at 7 percent for 30 years. <br /> <br />[ <br />, <br />, <br />, <br />( <br />i <br />, <br />l <br />( <br />'. <br />i <br />, <br />'. <br />I <br />, <br />t <br />t <br />, <br />~ <br />f <br />c <br />( <br />i <br />, <br />, <br />( <br />~ <br />( <br />r <br />" <br />, <br />, <br />:: <br />( <br />( <br />f <br />i <br />i <br />i <br />" <br />( <br />i <br />i <br />i <br />" <br />I <br />,. <br />i <br />" <br />I <br />" <br />r <br />( <br />I <br />i <br />( <br />I <br />I <br /> <br />Other cost items sometimes required to insure watertightness are, <br /> <br />. Sealant for exterior walls including sand blasting, caulking cracks, applying sealant, and <br />repainting. <br /> <br />. Wall construction around a patio to protect sliding glass doors. <br /> <br />. Fireplace c1eanout seal. <br /> <br />. Flood shields for additional doors or windows. <br /> <br />. Inspection to insure watertightness over the life of the structure. <br /> <br />More and larger openings or additional protection (sealants, etc.) will increase the base cost <br />shown in Table 3-1. <br /> <br />Economic Feasibility <br />When flood water is prevented from entering a structure, damage is reduced up to the design <br />level. When a flood exceeds the protection level damage occurs as it normally would without <br />protection and immediate inundation to that level is normally assumed. Damage reduced <br />includes damage to contents and structure interior. Damage to the structure exterior and the <br />site still remain. Figures 3-2 and 3-3 show expected annual damage reduced by protecting a <br />single or two story structure without basement to 3 feet above the first floor. The values include <br />a reduction in damage to the structure exterior, but this is small. Details of this analysis are <br />discussed in Appendix A. <br /> <br />These data show damage reduced varies from over 14 percent to approximately 0.25 percent <br />of the structure value depending upon the type structure, flood hazard factor, and event at the <br />first floor. This compares with an estimated cost of 0.34 percent discussed in the previous <br />section. This cost is shown in the Figures for comparison with damage reduced. For a single <br />story, no basement struct.ure (Figure 3-2) damage reduced exceeds costs for all conditions <br /> <br />16 <br />