Record numbers of small earthquakes across the nation in recent months, a looming wildfire season expected to be made worse by record droughts and the tragic collapse of a 12- story condo in
Against this backdrop, government officials, business leaders, architects, structural engineers, community planners and property owners urgently need to work together to make buildings, businesses and communities more resilient to earthquakes and other disasters.
Improving building resilience takes public education and policies that balance safety, protecting the economy, and the cost of improvements. Community leaders and public policy experts will discuss approaches to do just that. The panel will also discuss financial incentives – lending practices, insurance discounts, tax and fee relief and other measures – that can motivate and reward owners to invest in resilience.
These webinars are designed to enable property owners to make better informed decisions about the degree of safety they want from their buildings, how quickly they should recover from damage, and how much this improved performance will cost initially and ultimately save.
"Advances in our understanding of seismic building design make buildings better able to withstand and recover more quickly from what can be devastating impacts of major earthquakes," says
The panel will examine specific policies that can help make buildings safer and more resilient. The result of these policies and a blend of incentives can prevent death, injuries, and property losses, preserve jobs and housing, and protect vital services and local economies. Examples will be shared of how policies can in concrete actions that assist buildings and communities withstand shocks, avoid serious damage and recover more quickly from
Panel members are:
A 20-minute video shown as part of the webinar will include interviews with experts addressing the types of policies that can be implemented before disasters strike to further mitigate seismic threats. Policy advancements that have been helpful in dealing with the challenges presented by natural hazards will also be discussed.
"Earthquakes can have devastating impacts on vulnerable buildings, people and our economy, but they don't have to be disasters," says Reis. "Investing in resilience is good economics, sound business, and responsible public policy, and this webinar will show how policy advancements in many areas can help
"We have learned much that can be used today to protect
"Building codes and other public policies have advanced over the past several generations, but there is still much to do. As an example, an estimated 2.5-million Californians live in some 100,000 existing affordable multifamily buildings that are subject to collapse in strong earthquakes. We must take earthquake threats seriously and act promptly," says Sahabi.
"Property owners risk building collapse, business failure, liability, bankruptcy and more. The bottom line is the economic benefits of earthquake retrofits and greater resilience are impossible --- and dangerous – to ignore," Sahabi adds.
More retrofitting of existing buildings was urged by The
USC researchers estimated Southern California could suffer property damage of $113 billion in a major temblor, with additional business-related impacts of $68 billion or more. Estimates put damages caused by a magnitude-7 earthquake on the
More than 90 percent of buildings in California's urban areas are estimated to not comply with modern building codes. Many older, vulnerable buildings can be made safer by earthquake retrofits.
In addition to the costs of physical damage, business interruption and lost market share caused by earthquakes, courts have determined property owners can be held legally liable for deaths and injuries occurring in their buildings if they are found negligent of maintaining a hazardous condition by not taking reasonable actions to safeguard their facilities.
Throughout 2021 The Resilience Advantage webinars will explore how improved resilience can safeguard
Resilience Policy and Incentives 11 a.m. - 12:30 p.m.
Program Champions: Los Angeles County Business Federation and
Resilience Reduces Earthquake Liability
For additional information call Optimum Seismic at 323-605-0312.
Contact: Tom Robinson 562 237-1629
Email: [email protected]
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