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HomeMy WebLinkAbout(1) Disaster Recovery Update City Council January 2020Disaster Recovery City Council Update – January 2020 1 REVIEW OF RECOVERY PROCESS 2 REVIEW OF PUBLIC ASSISTANCE RECOVERY PROCESS Project/Repairs Completed Project Cost Approved by FEMA – Funds Obligated TDEM Releases Funds to City 3 Port Arthur Hurricane Harvey Disaster Recovery City Council Update – January 2020 Project Funding FEMA Projects 40 Est Costs $44.7M Insurance $16.6M Estimated Reimbursement $24.6M Estimated City Cost Share $3.5M Return On Investment 11.7% 4 Port Arthur Hurricane Harvey Disaster Recovery City Council Update – January 2020 FEMA Public Assistance Of the Estimated Project Costs of $44.7M $16.6M Received from Insurance Of the Remaining $28.1M $16.4M is Obligated by FEMA Of the $16.4M Obligated by FEMA $15.1M Received from FEMA $11.7M is left to be Obligated by FEMA $13M is Left to be Received by the City 5 Port Arthur Hurricane Harvey Disaster Recovery City Council Update – January 2020 FEMA Public Assistance Obligated Projects Of the 40 Projects 13 are Obligated ($16.4M) Of the 13 Obligated Projects 11 are Completed 2 are scheduled for completion- March/August 2020 6 Port Arthur Hurricane Harvey Disaster Recovery City Council Update – January 2020 FEMA Public Assistance Non-Obligated Projects 27 are Not-Obligated ($11.7M) Of the 27 Not-Obligated Projects 6 are Complete 11 are In-Process - 4 to be complete by February 2020 3 to be complete by March 2020 1 to be complete by May 2020 3 to be complete by August 2020 10 are Not Started and pending FEMA review 7 REVIEW OF 404 HMGP RECOVERY PROCESS Project Selected by TDEM Phase 1 Funding of Project Approved by TDEM Repeat above for Phase 2 of Project 8 Port Arthur Hurricane Harvey Disaster Recovery City Council Update – January 2020 404 HAZARD MITIGATION PROJECTS 404 HMGP 3 Estimated Project Costs $29.1M Insurance Benefits $0 Estimated FEMA Reimbursement $21.64M Estimated CDBG-DR Cost Share $7.3M Return On Investment 97% 9 Port Arthur Hurricane Harvey Disaster Recovery City Council Update – January 2020 404 HAZARD MITIGATION PROJECTS Of the Estimated Project Costs of $29.1M $29.1M is (conditionally) Obligated by TDEM Of the $29.1M Obligated, No reimbursement requests made to date Of the $29.1M Obligated, $28.9Mwill be released over the next 2 years The CDBG-DR Cost Share for the Projects is $7.3M 10 Port Arthur Hurricane Harvey Disaster Recovery City Council Update – January 2020 404 HAZARD MITIGATION PROJECTS Of the 3 Projects 3 are Obligated Of the 3 Obligated Projects 0 are Complete 1 Has Started; 2 Have Not Started Of the 2 Not Started Both will begin Engineering in March 11 REVIEW OF HURRICANE IKE CLOSEOUT PROCESS Project Funds Advanced to City City Maintains Funding FEMA De-Obligates Advanced Funds 12 Port Arthur Hurricane Ike Disaster Recovery City Council Update – January 2020 Close-Out PROJECTS Ike Close-0ut Review Of the 15 Ike Projects $3.1M were at risk for De-Obligation Of the $3.1M at risk for De-Obligation $1.8M has been Reconciled with TDEM $600K In-Process Review $700K Remain to be Reviewed (documentation gathering) 13 Port Arthur Hurricane Ike Disaster Recovery City Council Update – January 2020 CLOSE-OUT PROJECTS Ike Close-0ut Review Of the 15 Ike Projects Reviewed 4 Reconciled = ($1.8M; $900K potential additional funds) 4 In-Process Review with TDEM = $600K 7 Remain to be Reviewed (still at risk) = $700K 14 Port Arthur Hurricane Ike Disaster Recovery City Council Update – January 2020 Close-Out PROJECTS Ike Close-0ut Review – Return on Investment Reconciled Projects = 204% ROI Reconciled/In-Process = 50% ROI Reconciled/In-Process/To Be Reviewed = 58% ROI 15