"Risk assessment" means an assessment of expected future damage or losses to a county's infrastructure caused by severe weather conditions.
"Severe weather conditions" means weather related flood, hurricane, nor'easter, tornado, high water, wind-driven water, tidal wave, or other catastrophe which is of sufficient severity and magnitude to substantially endanger the health, safety, and property of the residents of this State.
N.J.S. § App.A:9:43.17