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SECTION IX FINANCING STRATEGY The financing of the flood plain management Imple,mentatlon included In this master plan Is a complex matter. It should not be left to the engineer or administrator who thinks primarily in terms of bond issues and increased property taxes. The most sIgnificant forward steps can be made on the implementation of this project '",ith vo!Iry I ittle money involved. In essence, implementation will Includ,e the following major steps: 1. Designation of the Big Dry Creek Flood Plain by the Colorado Water Conservation Board in accordance with State Statutes and procedures which are well defined and understood. 2. Adoption by the local governmental entitles Involved of the Flood Plain Regulation of the Urban Drainage and Flood Control DistrIct. 3. Local overlay zoning of the flood plain by the City of Westminster and the Counties of Jefferson and Adams, This will not change basic zoning of the land. 4. Construction of channel control str'uctures and lo~r flow eros ion pro- tection devices on a pay-as-you-go basis over the next ten years, generally keeping pace with the rate of urban deve,Jopment. 5. Construct the two short reaches of channel improvElments where specific problems exist as called for by the local entities. 6. Insure that the State Highway Department County Road Works, developers and municipalities construct new bridges and culverts in accordance with this prel imlnary des ign. The overall cost of Implementing this master plan, exclusive of brIdge and culvert construction assocl<lted with nE'W roads and hIghways and rebui It roads and highways Is approximately $;~26,()00. This represents approximately $ll~OOO per mile. It Is the recommendation of your engineering consultants that this work be undertaken on a pay-as-you-go basIs. After re1viewing funding sources available, the character of the basin, and noting that a portion of the low flow eros ional problem wI I I be a result: of Increased develop- ment, it has been concluded that a developer's dr.r1nage improvement service charge be Initiated for each equivalent residential unit constructed in the drainage basin downstream from Standley Lake, and downstream from Great Western Reservoir. It is proposed that that portion of the urban drainage IX- :