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Powerline Plan and Environ. Assessment Jan. 2013 - Flood Control ...

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<strong>Powerline</strong> <strong>Flood</strong> Retarding Structure<br />

Pinal County, AZ<br />

Draft Supplemental Watershed <strong>Plan</strong><br />

<strong>and</strong> <strong>Environ</strong>mental <strong>Assessment</strong><br />

NRCS Table 5 - Estimated Average Annual <strong>Flood</strong> Damage Reduction Benefits<br />

<strong>Powerline</strong> FRS<br />

Apache Junction-Gilbert Watershed, Maricopa <strong>and</strong> Pinal Counties, AZ<br />

(Dollars) 1/<br />

Item<br />

Future With Project<br />

Ag. Related Non-Ag. Related Ag. Related<br />

Future Without Project<br />

Non-Ag.<br />

Related<br />

Total Damage<br />

Reduction<br />

Benefits<br />

Benefits of All<br />

Alternatives<br />

(Average<br />

Annual<br />

Equivalent<br />

Value 2 )<br />

<strong>Flood</strong>water<br />

Residential $13,113,100 $13,113,100 $0 $0<br />

Commercial/Industrial $80,700 $80,700 $0 $0<br />

Institutional $32,500 $32,500 $0 $0<br />

Agriculture $677,300 $677,300 $0 $0<br />

Infrastructure<br />

Roadways $8,100 $8,100 $0 $0<br />

Irrigation Canal $100 $100 $0 $0<br />

Insurance Administration Costs $309,000 $309,000 $0 $0<br />

TOTAL $677,400 $13,543,400 $677,400 $13,543,400 $0 $0<br />

1/ Price Base 2012. Amortized for 103 years at 3.75 percent.<br />

<strong>Jan</strong>uary <strong>2013</strong><br />

2/ Calculated as follows: calculate present value of damage reduction in each year, sum the present values, <strong>and</strong> then calculate the amortized annual amount (“average equivalent<br />

value”) that would yield the present value sum. Present value <strong>and</strong> amortization use the discount rate of 3.75%. The benefits of the project are tied to reducing the risk of catastrophic<br />

failure of the existing structures <strong>and</strong> thus reducing the risk to life <strong>and</strong> property, as described in the plan.<br />

USDA- NRCS Page 8-13 <strong>Jan</strong>uary <strong>2013</strong><br />

Kimley-Horn <strong>and</strong> Associates, Inc.

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