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<br />i <br /> <br />2 <br /> <br />business <br /> <br />buildings. <br /> <br />Along <br /> <br />with <br /> <br />this demand, <br /> <br />is the <br /> <br />corresponding <br /> <br />need <br /> <br />for <br /> <br />new <br /> <br />buildlng <br /> <br />sites and <br /> <br />the <br /> <br />revitalization or renewal of alder properties. <br /> <br />The majority of Colorado's growth has occurred <br /> <br />along <br /> <br />the Front Range Corridor <br /> <br />which extends in the south from <br /> <br />Douglas <br /> <br />County to Larimer County <br /> <br />in <br /> <br />the north. <br /> <br />This <br /> <br />development occurs not only along <br /> <br />the high <br /> <br />ground <br /> <br />but, <br /> <br />unfortunately, also occurs in the low lands near water. <br /> <br />Historically, man has built his home and business in <br /> <br />the vicinity of an <br /> <br />easily accessable water <br /> <br />supply. <br /> <br />This <br /> <br />trait, <br /> <br />graphically displayed <br /> <br />on United <br /> <br />States Geological <br /> <br />~ <br /> <br />Survey maps, is the root of our problem. <br /> <br />Rivers and streams <br /> <br />are subject to the whims of nature and experience flooding of <br /> <br />various magnitudes at <br /> <br />unpredictable <br /> <br />intervals. <br /> <br />Those who <br /> <br />remember <br /> <br />the floods of <br /> <br />1965 and 1973, and the damage that <br /> <br />occured along the South Platte River in Denver, Colorado, are <br /> <br />well aware of the devastating power of high water flooding. <br /> <br />In response to these floods, the United States Army <br /> <br />Corps of Engineers built Chatfield Dam south of Denver on the <br /> <br />South Platte River and Mount Carbon Dam southwest of Denver <br /> <br />on Bear Creek. <br /> <br />While these new dams, designed primarily as <br /> <br />flood control dams, totally mitigate floods equivalent to the <br /> <br />1965 and 1973 floods, there are an infinite number of floods <br /> <br />significantly greater in magnitude which can occur. <br /> <br />However, <br /> <br />. <br /> <br />because the historical 100-year floodplain was significantly <br />, <br /> <br />i <br /> <br />reduced <br /> <br />by ~he construction of these dams, new development <br /> <br />has been allowed to occur up to the edge of the new <br /> <br />100-year <br /> <br />floodplain. <br />