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Colorado Flood Hazard Mitigation Plan -1999 Due to the Iim~s on the staff, the ewCB no longer provides site specific engineering and technical assistance required by individuals, local commun~ies, and private entities (e,g" bankers, reattors, insurance agents, appraisers, etc.) on matters for which they are responsible in the flood, stormwater, and drainage areas, In FY 81-82 at the request of the Colorado Water Conservation Board, the state engineer identified 34 high priority (unsafe) dams in need of rehabilitation, They were induded in the govemo~s proposal for a five-year Capilallnvestment Plan, The owner of each facility listed was notified that dam rehabil~ation funds may be available, The Colorado Water Conservation Board, and later the Legislature, set a goal of using about one-third of the ewCB Construction Fund for dam rehabil~ation, Funds for the rehabilitation of unsafe dams could be advanced to dam owners from the ewCB Construction Fund upon the Board's recommendation to the Legislature, The general rules for obtaining funds from this source are: 1. The state will only advance 50% of the estimated project cost to the owners, The remaining 50% have to be obtained by the owner from another source. 2, The current interest charge for state funds is a minimum of 5%, 3. The maximum payback period for these funds is 40 years, In 1995, the Colorado Wat6f Conservation Board directed staff to utilize and make available to eligible applicants, 5% of the annual revenue to the construction fund for flood control projects and associated activities, The 5% loan funding is subject to the standard requirements of the construction fund, In 1995 and 1996 the total funding available was $600,000 each year. Both years, the City of Fort Collins borrowed a total of $900,000 ($400,000 and $500,000, respectively) for proposed flood control activities, In 1998, the City of Sterling requested a loan for flood control improvements. The board also responds to state or federal flood disasters at the request of the Colorado Office of Emergency Management and local governments induding preparation of required post-disaster drainage surveys and flood hazard mitigation plans, A minimal amount of funding is available each year for planning grants to develOp local flood hazard mitigation plans, The funding is made available from the Federal Emergency Management Agency through the ewCB-administ6fed Flood Mitigation Assistance (FMA) program, The board is also the primary planning agency for flood hazard mitigation activities, By Executive Order 8504 dated Odober 1, 1977, the board is the designated state agency for the coordination of the National Flood Insurance Program, In recent years, the staff of the Colorado Water Conservation Board has met periodically with selected state agencies whose work induded aspects of flood hazard mitigation, One purpose of those meetings is to determine how these state agencies are implementing the Governors Executive Orders on floodplain management and on the National Flood Insurance Program, As Colorado state government moves toward the 21- Century, the ewCB is taking a leadership role in flood hazard m~igation, Such leadership is embodied by current initiatives to: 1) develop a statewide stream corridor stewardship program; 2) develop hydrology guidelines for estimating 1 Q(~'year flood flows for approximate floodplains; 3) integrate multi-objective management and watershed approaches to flood- related activities: and 4) formulate policy and direction for flood hazard m~igation through involvement in several state and national professional organizations such as the Association of State Floodplain Managers and the Colorado Association of Stormwater and Floodplain Managers, 3.2,1,2.1.1 Colorado Water Conservation Board (CWCB) - FMA Eligible Project(s) Grants Pre-disaster flood mitigation planning and implementation funds are now available under the FEMA-funded Flood Mitigation Assistance (FMA) program, The Colorado Water Conservation Board (ewCB) administers the program, In Federal FY99 (October 1, 1998 - September 30, 1999), the program provided: (1) $110,270 in project funds to implement measures to reduce flood losses; and (2) $11,900 in planning funds for developing or updating local flood hazard mitigation plans, In Federal FY99, the fund provided $9,900 to the Town of Wellington and $2,000 to the Town of Basatt for the development of local flood hazard mitigation plans. Also, in 1999, 110, 270 in project funds were allocated to Georgetown for a channel improvement project. Add~ionally in 1999, project funds were allocated to North La Junta for the flood recovery and property acquisition efforts, These amounts represent the 75 percent federal share, Interested entities must provide a 25 percent match, One-half of the 25% (12,5%) must be cash, The other half may be in-kind, Any city, town, or county that participates, In good standing, in the National Flood Insurance Program (NFIP) is eligible to compele for these funds, Chapter 3 - 4 1'1100 10:10 AM I I I I I I I I I I I I I I I I I I I