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Ramsey County Multi-Hazard Mitigation Plan, 2018 <br /> <br />Page | 65 <br /> <br />Ramsey County specific building data was sourced from the parcel tax and spatial databases to include <br />building valuations, occupancy class, square footage, year built, and number of stories. GIS data layers <br />named CDSTL_AttributedParcelPoly, CDSTL_AttributedParcelPoint, and STRUCT_Building were <br />obtained from the county to locate buildings within the county. The resulting spatial dataset included <br />166,407 unique parcel numbers; 153,950 of these records were identified as having building values and <br />were used in the analyses. <br />In cases where values were missing, values were assigned based on best practices from values in the <br />other variables and from the region. The data were then assigned to one parcel centroid, or building <br />location, which served as a surrogate for each parcel’s buildings to aggregate to the associated census <br />block for use in the Hazus model. <br />According to the Ramsey County general building stock (derived from the county’s parcel data and <br />imported to the Hazus model), the Hazus model estimates there are 153,950 parcels with buildings in <br />the region with a total value (excluding contents) of $40.8 billion (2010 dollars). Approximately 95.77% <br />of the buildings (and 72.16% of the building value) are associated with residential housing. The Hazus <br />model estimates 1,294 parcels’ buildings will be at least moderately damaged (>10% damage). 159 <br />buildings are estimated to be completely destroyed. <br />The estimated total economic loss from the flood is $907.55 million dollars. Building-related losses are <br />broken into 2 categories: direct building losses and business interruption losses. The direct building <br />losses are the estimated costs to repair or replace the damage caused to the building and its contents. <br />The business interruption losses are associated with inability to operate a business because of the <br />damage sustained during the flood. Business interruption losses also include temporary living expenses <br />for people displaced from their homes because of the flood. The estimated total building-related losses <br />is $478.64 million dollars. 47% of the estimated losses are related to business interruption in the region. <br />Residential occupancies make up 28.29% of the total loss. <br />The reported building counts should be interpreted as degrees of loss rather than an exact number of <br />buildings exposed to flooding. These numbers were derived from aggregate building inventories, which <br />are assumed to be dispersed evenly across census blocks. Hazus requires that a predetermined amount <br />of square footage of a typical building sustain damage to produce a damaged building count. If only a <br />minimal amount of damage to buildings is predicted, it is possible to see zero damaged building counts <br />while also seeing economic losses. <br />The total estimated number of damaged buildings (parcels as a surrogate), total building losses, and total <br />economic losses for the 100-year flood are shown in Table 21. The distribution of economic losses for <br />Ramsey County is depicted in Figure 13.