Page 7 - Yucaipa Valley Water District
P. 7
1 TABLE OF CONTENTS
Introduction .................................................................................................................................................. 5
The Threat of Earthquake Disaster .............................................................................................................. 6
The Northridge Example .................................................................................................................. 6
Predictions for the Future ................................................................................................................ 6
The Great ShakeOut ......................................................................................................................... 6
Projected Loss by Region ................................................................................................................. 8
Economic Impacts of Disaster ...................................................................................................................... 9
Widespread Business Disruption / Unemployment ........................................................................ 9
Loss of Affordable Housing Stock .................................................................................................. 10
Liability through Negligence .......................................................................................................... 11
Insurance Alone is Not the Answer ................................................................................................ 13
Retrofits Protect Social, Economic Stability .............................................................................................. 11
Cost Benefits to Building Owners .................................................................................................. 11
Seismic Retrofits and Economic Development ......................................................................................... 14
Cities Take Action ........................................................................................................................... 16
Vulnerable Building Types ............................................................................................................. 17
A Matter of National Concern .................................................................................................................... 17
Conclusion .................................................................................................................................................. 18
Legislation and the Seismic Resiliency Initiative ............................................................................ 19
End Notes .................................................................................................................................................... 21
4 | P a g e
Yucaipa Valley Water District - March 8, 2018 - Page 7 of 40
