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Hurricane Wind Mitigation Project Version 5. 1 December 31 , 1997 <br /> B '��T=C05T RSU.LTS Page 11 <br /> Council on Aging Senior Cente 60015th Street Vero Beach , FL 32961 <br /> Building Type Selected lFully Engineered <br /> Project Description Harden new senior center - shutters , emergency generator, and electrical prep <br /> Discount Rate 7.00 % <br /> Project Useful Life (years) 20 <br /> Present Value Coefficient 10 . 59 <br /> SUMMARY OF EXPECTED ANNUAL DAMAGES AND BENEFITS <br /> Expected Annual Expected Annual Expected Annual Present Value of <br /> Damages Damages Benefits Annual Benefits <br /> Before Mitigation After Mitigation <br /> Building Damages $ 16 , 500 $6 , 899 $ 9 , 602 $ 101 , 720 <br /> Contents Damages $ 11 , 273 $ 59556 $5, 717 $60 , 563 <br /> Displacement Costs $ 502 $256 $ 246 $29609 <br /> Business Income Lost $0 $0 $0 $ 0 <br /> Rental Income Lost $0 $ 0 $0 $0 <br /> Public Services Lost $ 61 , 582 1 $ 25 ,487 $ 369096 $ 3829397 <br /> Total Losses & Benefits $89 , 858 $ 38 , 197 $ 51 , 660 $ 547, 289 <br /> PROJECT BENEFITS $ 547, 289 <br /> PROJECT COSTS $ 305 , 558 —� <br /> BENEFITS MINUS COSTS r"— $-31 <br /> BENEFIT-COST RATIO �- 1 . 79 <br /> FEMA Disclaimer: The results produced by this analysis are neither conclusive evidence that the proposed <br /> project is cost-effective, nor a guarantee that a project is eligible for any government grant for whatever purpose. <br /> Final_BC_8_14ALS <br /> 8/14/2003 <br />