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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
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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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so <br />LA <br />E <br />An analysis of present worth cost and annualized cost of the plan recommended <br />construction (restoration) and maintenance (renourishment) was conducted to <br />provide an analysis of long-range costs for planning and budgeting to implement <br />Plan recommendations. The year of construction and maintenance events is <br />assumed for this computation. A three (3) percent discount rate (five percent <br />interest and a two percent inflation factor) was further assumed and applied <br />uniformly throughout the analysis. The results of the computation, by planning <br />sector, are provided in Tables 11 through 14. The assumed renourishment <br />interval is eight (8) years. The quality of the sand source(s) utilized for <br />construction, the extent of storm activity following construction, construction <br />sequencing of adjacent sector restoration and renourishments, and the <br />maintenance or remedial adjustment to the constructed shore protection <br />structures in Sector 7 will all influence the required renourishment interval. It is <br />assumed that construction of Sectors 1, 2 and 3 will occur in fiscal year 2000- <br />2001 and that Sectors 5 and 7 will occur in fiscal year 2002-2003. <br />As shown in Table 15, when projected over a 30 -year horizon, the present value <br />of all restoration and renourishment costs for improvements to Sectors 1, 2, 3, 5 <br />and 7, inclusive, is approximately $33,884,070. <br />96 aPk4'YN$M F C1fATIUfW T1O10147iY.%AE. 35 <br />
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