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1999-187
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1999-187
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Last modified
8/21/2023 2:37:33 PM
Creation date
8/21/2023 2:35:31 PM
Metadata
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Template:
Official Documents
Official Document Type
Miscellaneous
Approved Date
07/20/1999
Control Number
1999-187
Subject
Beach Preservation Plan Economic Analysis Phase II
Funding Sources and Financial Plan
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as <br />O <br />• <br />sources to provide a financing plan to implement the County's long-term <br />comprehensive Beach Preservation Plan, <br />1.2 BENEFIT CATEGORIES <br />Beach restoration projects provide two types of benefits, including storm and <br />erosion protection benefits and recreational benefits. For Cne purpose of <br />estimating project benefits, oceanfront properties were grouped into planning <br />sectors. These sectors represent a portion of shoreline characterized by the <br />same degree of beach erosion, morphological and upland characteristics, <br />densities and types of land use, existing beach widths and the existence of <br />erosion control structures. A study of these factors was used to divide the <br />County into eight (8) sectors. The non -oceanfront properties, because of their <br />location, have no beach erosion. <br />When looked at from an economic point of view, a restoration proiect, over its <br />lifetime (in this case a 30 -year project horizon), will generate a stream of benefits <br />to the property owners. These benefits will eventually show un in inrraaspr# <br />property values greater than what they would have been if the restoration <br />projects had not been completed. <br />98-9"'HS1f ICVORTIDILM: r%ot 99M1dF <br />It <br />
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