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City Council Regular Meeting Minutes January 13, 1998 Page 8 • 1 made available to the homeowners in the Spring of.1998 to be submitted for approval and 2 prioritization. Prioritization will be determined by damage received in the 1997 storm, 3 'frequency of flood occurrence, costibenefit ratio of project, and lower cost projects receive - 4 higher consideration. Eligible projects will include work completed since July 1, 1997, 5 provided the City issued a building permit; physical improvements constructed outside or 6 adjacent to the home; lot regrading; and sealing walkout and lookout openings. Non-eligible 7 projects include sump pump, drain tile, and basement water proofing projects. This program 8 would be available for approximately 5 years and would require approximately $470,000. 9 Without the grant program, structural solution costs increase significantly. Mr. Willenbring- 10 stated that flood proofing is an integral part of the WSB recommendations and without it the 11 City will need to increase the size of the pipes and the retention ponds to resolve the problem. 12 Thuesen asked how WSB had determined the necessity of funds of$50,000 to $100,00 per 13 year. 14 15 Mr. Willenbring stated the Task Force is projecting that these improvements be completed by 16 the year 2005 at a total cost of$470,000. $50,000 to $100,000.per year will be necessary to 17 accomplish this. 18 Mayor Ranallo asked if these funds would be paid by the Storm Water Utility Fund. 19 Morrison noted that the next step is for Staff and WSB to develop a criteria, the application • 20 and the funding tool. This will be presented to the Council within the next 60 days. 21 Mr. Willenbring stated that Task III is the purchase of homes selected for removal. These 22 homes will be purchased to allow ponding to be constructed in the area where they are 23 currently located. The Task Force and WSB are concerned that the purchase be implemented 24 as soon as possible so that the homeowners are not "in limbo". 25 Mayor Ranallo asked if the construction of the holding ponds would be affected if one or 26 more of the homeowners were unwilling to sell their home. 27 Mr. Willenbring stated this would have to be determined on a case to case basis. 28 Cavanaugh stated he has received a number of inquiries as to the next step after the purchase 29 of the homes.' He recommended that people be informed of the intentions for the properties 30 concurrent with the purchase of the homes. 31 Thuesen stated he agreed. Residents are voicing concerns as to what the property will look 32 like after the removal of the homes. They are expressing aesthetic concerns as well as.safety 33 concerns. 34 Mr. Willenbring stated he has prepared some graphics and there are a number of options • 35 available.