Who should pay for Seismic Retrofitting of Vulnerable buildings?

Who should pay for Seismic Retrofitting of Vulnerable buildings?

Who should pay for Seismic Retrofitting of Vulnerable buildings?

Last week, Los Angeles city council voted unanimously to require mandatory retrofitting of two types of buildings which are most vulnerable in a major earthquake.
There are at least 13,000 wooden apartments and more than 1,000 concrete buildings across Los Angeles that city leaders want retrofitted. The cost of retrofitting those buildings varies widely. Strengthening wooden apartments with weak first floors could range from $60,000 to $130,000. Upgrading larger concrete buildings will probably runs into the millions.
Wooden “soft-story” apartments have a history of failing during big quakes. Sixteen people were killed when one such building pan-caked in the 1994 Northridge earthquake.
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In 1971, the Sylmar earthquake brought down several concrete structures, killing 52.
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Owners have to find a way to pay for those costly retrofits, but figuring out how to pay has not been easy. Under this ordinance, wooden buildings would have to be retrofitted within seven years; concrete structures would be retrofitted within 25 years.
I feel that retrofitting of vulnerable buildings benefits many people, businesses and communities. Therefore, I think many resources should be available to the building owners so that they can comply with retrofitting ordinances. Those resources could include low-interest loans, property tax, State and Federal income tax breaks to the owners who retrofit. I welcome your opinion.

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One Response to Who should pay for Seismic Retrofitting of Vulnerable buildings?
  • Hermes Evelyne

    Thank you for your good article,and look forward to your better work.

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