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Changes since 2012 Estimate –In Town Levees <br />2012 Estimate -$38M 2016 Estimate -$152M <br />Primary Reason: USACE Risk and Reliability “Freeboard” <br />Requirements <br />Land Increased $26M <br />Residential increased from $1M to $7M <br />Number of homes increased from 3 to 15 due to adding El Zagal and <br />Mickelson to project <br />Commercial lands increased from $14M to $34M <br />Geotechnical requirements for the 2nd St flood wall resulted in <br />additional property needs <br />Appraisals and relocation requirements resulted <br />in additional property needs15