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of <br />• <br />2.0 STORM PROTECTION BENEFITS <br />2.1 DATA COMPILATION AND BENEFITS METHODOLOGY <br />Project benefits associated with storm protection and erosion losses were <br />generated for properties that front on the ocean. These benefits were calculated <br />for propeieies within the immediate project area that will directly benefit from the <br />placed sand. The storm protection benefits derived from a beach restoration <br />project reflect the engineering design features of that project and are based on a <br />30 -year project horizon. Storm protection benefits to upland properties are <br />based on the following: <br />• Prevention of land loss, <br />• Prevention of damage to major habitable structures, and <br />• Anticipated cost savings realized by not having to maintain or repair the <br />existing seawalls fronting individual properties (including both private and <br />public). <br />Storm protection benefits are a dirert regWt of fha nnneonnof a :^:ide, sandy <br />1....... nce <br />beach that acts as a buffer against both normal annual erosion and destructive <br />storm waves resulting from hurricanes and nor'easters. <br />One can assume that oceanfront property owners will take whatever actions are <br />in their own economic interest to protect their properties from yearly landward <br />erosion. These actions by the oceanfront property owners will also provide <br />protection to the more landward property owners in the absence of a beach <br />restoration project. Therefore, no direct storm protection benefits are ascribed to <br />non -oceanfront properties. <br />Historic erosion data and beach profile survey data were used to evaluate <br />erosion rates and present structure vulnerability within the project area (refer to <br />98-96WH32REPORTIORAFT/M19WME 5 <br />