Impacts of Acquisition

Report
Impacts of Acquisition
Lincoln Park, NJ
Case Study
Mary Shaw, PhD, AICP, CFM
Jen Sparenberg, CFM
Lincoln Park Website
Proactive in Dissemination
of Information on Flood Risk
ASFPM 2012 NATIONAL CONFERENCE
MISSION MITIGATION
SAN ANTONIO, TEXAS
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Methodology
Qualitative Research Approach
Goal
 Identify a range of impacts of
acquisition
Method
 Interview officials from
Lincoln Park
 Interview officials from other
communities along Passaic and
Susquehanna
 Identify commonalities, trends
beyond reduction in flood
damage
ASFPM 2012 NATIONAL CONFERENCE
MISSION MITIGATION
SAN ANTONIO, TEXAS
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Borough of Lincoln Park
Morris County, NJ
26 miles from NYC
2010 Population = 10,521
Named by New Jersey Monthly
(February 2008) as one of top five
places to live in NJ
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MISSION MITIGATION
SAN ANTONIO, TEXAS
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Confluence of Pompton and Passaic Rivers
Source: NFIP FIRM Index Panel 345300 0001-0003, Borough of Lincoln Park, NJ, August 19, 1986
ASFPM 2012 NATIONAL CONFERENCE
MISSION MITIGATION
SAN ANTONIO, TEXAS
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History of Flooding
Passaic and Pompton Rivers Flooding
 August 2011 (Hurricane Irene)
 March 2010
 April 2007
 August 2000
 September 1999
(Hurricane Floyd)
 November 1997
 January 1996
Volunteering for Acquisition
 65 properties in the approval process in
April 2012
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MISSION MITIGATION
SAN ANTONIO, TEXAS
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Findings – Impacts of Acquisition Beyond Risk Reduction
Costs to
municipality
Benefits to
municipality
Costs to
property
owners
Benefits to
property
owners
Costs to utility
companies
ASFPM 2012 NATIONAL CONFERENCE
MISSION MITIGATION
SAN ANTONIO, TEXAS
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Initial Costs to the Municipality
 Legal costs
 Administrative costs
 Share of costs of property
purchase, demolition,
removal, grading
 Loss of tax revenue
• Conclude not a problem if a
community elects to do acquisitions
• Related to availability of other developable land in the
community
• Conclude that if this is an obstacle, a community does not
implement an acquisition program
ASFPM 2012 NATIONAL CONFERENCE
MISSION MITIGATION
SAN ANTONIO, TEXAS
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Interim Costs to the Municipality – Sprawl
 Still maintaining the road
 Still providing water / sewer service
 Still doing evacuation, emergency
shelter, rescue, repair and replace
when there is a flood
 Maintenance of vacant lots can be
a cost
ASFPM 2012 NATIONAL CONFERENCE
MISSION MITIGATION
SAN ANTONIO, TEXAS
9
Utility Costs
 Regular maintenance along utility lines serving a relatively
small number of customers
ASFPM 2012 NATIONAL CONFERENCE
MISSION MITIGATION
SAN ANTONIO, TEXAS
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Long-term Benefits to the Municipality
 Return each acquired property to natural condition
 Additional pervious surface, space for flood water storage
 Avoided costs of evacuation, emergency shelter, rescue,
debris removal, disruption, repair and rebuild for that structure
ASFPM 2012 NATIONAL CONFERENCE
MISSION MITIGATION
SAN ANTONIO, TEXAS
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Impacts on Property Owners
 Community cohesion
 Conflicting conclusions
• Lower property value
because of floodprone location
• Increased property
value because of
having open space
nearby
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MISSION MITIGATION
SAN ANTONIO, TEXAS
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Lessons Learned
 Consider geographic
limitations/boundaries
of the community
• Does the community have room
to expand or is it built-out?
 Consider the composition of the
tax base of the community
• Large percentage of
tax-exempt buildings?
• Vacation rental properties in a
tourist destination?
• Availability of affordable housing
outside the floodplain?
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MISSION MITIGATION
SAN ANTONIO, TEXAS
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Lessons Learned
 Encourage/promote acquisition
through public outreach before
a disaster
• Permanent solution to
eliminating flood risk
• Ensure the homeowner doesn’t
pass the burden of flood damage
and recovery on to future buyers
• Acquire properties at pre-flood value; buyout is an economic
boon to property owners
 Promote acquisition through planning and regulation
• Target areas for future acquisition to eliminate
patchwork effect
• Add target areas as projects in hazard mitigation plan
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MISSION MITIGATION
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Preparing for Acquisition
Hazard mitigation plan is very specific
 Acquisition/elevation of eight severe repetitive loss properties on Aspen
Lane, Bank Lane, Dubrow Street, Elm Street, and Riveredge Road
 Acquisition/elevation of eight severe repetitive loss properties on DeHart
Street, Ryerson Road, W. William Street, and Linden Avenue
 Acquisition/elevation of eight severe repetitive loss properties on
Harmon Street, Woodlawn Road, Walnut Street, and Roosevelt Street
 Acquisition/elevation of eight severe repetitive loss properties on Oak
Street, Poplar Street, Forrest Avenue
 Acquisition/elevation of eight severe repetitive loss properties on
Midwood Road, President Street, Maple Street, Pequannock Avenue,
and Franklin Street
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MISSION MITIGATION
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Elevation projects
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SAN ANTONIO, TEXAS
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