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Orestimba Creek Feasibility Study - Stanislaus County

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Economics Appendix – Draft Report - <strong>Orestimba</strong> <strong>Creek</strong> <strong>Feasibility</strong> <strong>Study</strong>, <strong>Stanislaus</strong> <strong>County</strong>, California – September 2012<br />

determined that the Farm Rd alternative was more economically efficient than a Stuhr Rd option.<br />

The interceptor channel was also removed as it did not provide a positive incremental net benefit.<br />

The team decided to move forward into the final array with the following 3 alternatives:<br />

1. No Action Plan<br />

2. Chevron Levee: Chevron levee at optimized height (TOL elevation of 112.75 feet. (Alts<br />

7-9 in Table 6-1).<br />

3. Local Plan: Chevron Levee set at a height equal to the mean 0.5% (1/200) WSEL + 3<br />

Feet; TOL elevation of 114.8 feet. (Not listed in Table 6-1)<br />

These alternatives were analyzed in more detail using updated hydraulic floodplain modeling,<br />

economic modeling and costs. A map showing the locations for the chevron levee and channel<br />

modifications (which dropped out) are shown in Figure 6-1 above. For a more detailed<br />

description of these alternatives, please see the main report.<br />

6.3 Annual Benefits for the Final Array of Alternatives<br />

The mean annual benefits for the final 3 alternatives can be found by Economic Impact Area in<br />

the tables below. Note that there is no incremental benefit for the Local Plan because the<br />

incrementally higher levee height does not provide an additional measurable benefit to the city of<br />

Newman and is mainly to comply with State of California requirements Senate Bill 5<br />

requirements for urban and urbanizing areas.<br />

Residual Damage in the Urban EIA with the Chevron Levee in place consist of existing storm<br />

drainage damages caused by rain events above a 10% (1/10) annual chance frequency.<br />

It’s noted that the damages/benefits for the final array are higher than those reported in the 2009<br />

screening phase (Table 6-1). This increase is mainly due to an updated hydraulic model in which<br />

flooding happens slightly more frequently and shows flooding occurring in areas of Newman<br />

that were not previously flooded during the screening phase.<br />

Table 6-4: Annual Benefits – The Final Array – Rural EIA<br />

October 2011 Prices ($1,000’s), 4% Interest Rate<br />

Alternative Annual Damages Annual Benefits Incremental Benefits<br />

1. No Action 2,284 0 0<br />

2. Chevron Levee at<br />

112.75ft<br />

3. Chevron Levee at<br />

114.8ft<br />

2,085 198 198<br />

2,085 198 0<br />

38

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