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• <br /> market value of all items listed. Residents will be required to sign an <br /> affidavit ( Exhibit A) testifying that their list of damages is to the best <br /> of their knowledge true . Also residents will be required to give a full <br /> description as to how their property was damaged by the July 1 flood . The <br /> insurance adjuster would work together with the engineering firm ( number 4 <br /> above) and city staff to visit each resident' s property who submits a <br /> damage claim. <br /> 11 . Funding needed for the above short term solutions and who will provide <br /> it. Funding needed : <br /> a. Home buyouts $ 598 , 000 <br /> Technical assistance . Contract with engineering firm 40 , 000 <br /> ( estimate) . <br /> c . Water overflow- basins . Removal of home , construction , and 200, 000 <br /> landscaping at five locations (estimated at $40 , 000 each ) . <br /> d . Sanitary sewer. Estimate the installation of check, valves 18 , 000 <br /> in ten homes at $1 , 800 each . <br /> e. Use of current city resources . <br /> ( 1 ) Overtime of city staff (estimate) . . 3 , 000 <br /> ( 2 ) Six generators at $1 , 200 each . 7 , 200 <br /> f. Emergency financial relief for damages caused by flood 251 , 800 <br /> Total , reported estimates of damages as of August 14. $633 , 720 <br /> Less amounts from reported homes buyouts. 275 , 000 <br /> Less estimated depreciation of 30% damaged items. 107 , 616_ <br /> OAmount needed to pay for damages . 251 , 104 <br /> g . Contract with independent insurance adjuster (estimate) . 2.0 , 000 <br /> Total $1 , 138, 000 <br /> Gi nrl i rn c���rr^cc <br />