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Mr lifichael Mornson <br /> City Manger <br /> City of St.Anthony <br /> March 13, 1998 <br /> Page 2 <br /> _Projects which are eligible for funding will be ranked utilizing the following criteria: <br /> a) Frequency of flood occurrence <br /> b) Cost to benefit ratio <br /> c) Total cost of damages received in the July 1, 1997 storm <br /> 3. Is there a potential to receive more than$10,000 in City assistance for floodproofing of <br /> residents' homes, and how would this be administered? <br /> The Floodproofing Grant Program as currently outlined, does not allow for the City to <br /> compensate beyond a maximum contribution of$10,000. <br /> 4. When will the Flood Proofing Grant applications be available to residents? <br /> The proposed schedule for the Floods Proofing Grant Program is as follows: S <br /> • May 1:1- June 15t4 Flood Proofing Grant applications available to residents. <br /> • June 151 Deadline for submittal of application to City Hall. <br /> • June 15t4 - July 1111 Grant applications arc evaluated and ranked for funding. <br /> • July 14i4 City Council approves proposed 1998 Flood Proofing Grants. <br /> • December 31" Flood proofing projects must be completed. <br /> If you have any questions please do not hesitate to contact me 'at 541 :4800.' <br /> lv/nm/ly <br /> Fa K?W1M106S.10103139d nunmP. <br />