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Annex B: Vulnerability Assessment <br />I. Purpose. To analyze the vulnerability of Cabarrus County to natural hazards that could <br />threaten the county. <br />II. Situations and Assumptions. <br />A. Vulnerability to a natural hazard measures the extent to which people are expected to <br />experience physical harm and the likelihood of property damage. Vulnerability to natural <br />hazards exists both at the present and in the future. Present levels of development and growth <br />generate conditions, which expose people and property to some degree of vulnerability to <br />natural hazards. As an area experiences an increase or decrease in development and growth, <br />that degree of vulnerability will change. <br />B. Information on past hazards and natural disasters will be presented as available. Most <br />historic data will be available on a countywide basis only. When available, information will <br />be presented for the County as a whole, for the County's planning jurisdiction <br />C. Inventory of Developed Facilities and Undeveloped Land. Table B -1 shows that total <br />building value within Cabarrus County accounts for almost $273 million worth of property <br />improvements. All of these improvements are exposed to possible damage from future <br />natural hazards although those within floodplains are the most likely to be affected by a <br />future hazard event. <br />Table B -1: Value of Developed Facilities and Undeveloped Land in Cabarrus County <br />Developed Facilities and <br />Land <br /># of <br />Units <br />Acres <br />Building <br />Value <br />in 000s <br />Land <br />Value <br />in 000s <br />Total Tax <br />Value <br />in 000s <br />Residential Single Family <br />42,620 <br />41,998.69 <br />$4,179,724 <br />$1,571,870 <br />$5,728,363 <br />Multi-Family <br />10,406 <br />864.423 <br />$408,411 <br />$112,480 <br />$400,644 <br />Residential Subtotal <br />53,026 <br />42,863.113 <br />$4,588,135 <br />$1,684,350 <br />$6,129,007 <br />Exempt <br />209 <br />2486.218 <br />$450,738 <br />$93,462 <br />$544,200 <br />Commercial <br />4,709 <br />5,484.606 <br />$936,925 <br />$608,305 <br />$1,569,129 <br />Industrial <br />1,073 <br />5,706.81 <br />$987,457 <br />$271,984 <br />$1,260,796 <br />Agricultural <br />6,445 <br />52,401.52 <br />$636,248 <br />$743,415 <br />$1,162,400 <br />Other (Leased-developed) <br />473 <br />939.88 <br />$192,020 <br />$53,805 <br />$20,537 <br />Total Developed <br />Facilities/Land <br />12,909 <br />67,019.03 <br />$3,203,388 <br />$1,770,971 <br />$4,557,062 <br />Undeveloped Acreage <br />0 <br />44,312.56 <br />$0 <br />$1,337,595 <br />$1,069,415 <br />Total Undeveloped Land <br />0 <br />44,312.56 <br />$0 <br />$1,337,595 <br />$1,069,415 <br />Total <br />65,935 <br />154,194.7 <br />$7,791,523 <br />$4,792,916 <br />$11,755,484 <br />Source: Cabarrus County Tax Assessor. <br />Annex B Vulnerability Assessment B -1 <br />1 October 2004 <br />Attachment number 7 <br />F -6 Page 125 <br />