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|Articles - November 2010|
|Thursday, October 21, 2010|
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STORY BY LINDA BAKER // ILLUSTRATION BY NICK GILLETT
In 2007, the Oregon Department of Geology and Mineral Industries (DOGAMI) conducted a seismic risk assessment showing 1,018 of Oregon’s 2,185 school buildings were at a “high or very high risk” of collapse during a major earthquake. The study was part of a 10-year battle to fund seismic retrofits for schools — a fight that ended, temporarily, last year when the Legislature approved $15 million in bond funds to upgrade K-12 facilities.
The grant program was a big step in the right direction, says Yumei Wang, geohazards team leader for DOGAMI and a national expert on seismic mitigation. Nevertheless, considering the more than $1 billion needed to retrofit all the at-risk schools, the program is in urgent need of additional funding, says Wang, who hopes the Legislature will approve $200 million in bonds for the next biennium. Other states — and countries — are far ahead of Oregon on seismic school safety, adds Wang, who has seen parents around the world grieving children who died after school buildings collapsed in an earthquake.
“I can tell you, after an earthquake, Oregon politicians are going to slam their fists and say we need to do this now.”
The struggle to fund seismic school safety in Oregon is part of a larger, critical problem about the lack of money and political will to retrofit the state’s aging building stock and transportation and energy infrastructure. At stake is not just the tragic loss of lives, but also the fate of the Oregon economy, which would come to a standstill in the aftermath of a major quake — and take years to fully recover.
Portland’s economy is transportation-dependent, and the region relies on external fuel sources to power that economy. But even as recent earthquakes in Chile and New Zealand spotlight the importance of seismic mitigation, a spate of reports and assessments indicate that Oregon’s highways and bridges as well as fuel storage and transportation facilities will be unable to withstand a major quake. What’s more, unlike the school retrofit program, there is no plan in place to upgrade these networks.
Add to that the hundreds of commercial buildings in Portland deemed at high risk of collapse — and Oregon’s seismic preparedness status “is pretty bleak,” says Debby Boone, a state representative (D-Cannon Beach) and member of the Oregon Seismic Safety Policy Advisory Commission (OSSPAC). Upgrading Oregon’s infrastructure would cost tens of billions of dollars, says Boone.
But the sheer enormity of the task is not a reason to do nothing, seismic risk experts say. As the risk of a massive quake increases daily the question is whether Oregon’s businesses and governments will take another 10 years to even begin tackling the problem.
The need is unquestionable. Oregon’s coastal areas and the Willamette Valley are vulnerable to massive 9.0 magnitude quakes produced by the Cascadia Subduction Zone, a 600-mile-long fault running from northern California to Vancouver B.C. Subduction zones are known for producing the most powerful seismic events on the planet, as well as multiple aftershocks and tsunamis.
There hasn’t been a Cascadia earthquake for 300 years, but the most recent forecast from the U.S. Geological Survey puts the likelihood of a massive quake at 40% in the next 50 years.
“It’s not if,” says Wang, “but when.”
Monday, June 22, 2015
The Clean Fuels/gas tax trade off will go down in history as another disjointed, on-again off-again approach to city and state lawmaking.
Friday, July 10, 2015
BY LINDA BAKER
Market of Choice is on a tear. In 2012 the 35-year-old Eugene-based grocery chain opened a central kitchen/distribution center in its hometown. The market opened a third Portland store in the Cedar Mill neighborhood this year; a Bend outpost broke ground in March. A fourth Portland location is slated for the inner southeast “LOCA” development, a mixed-use project featuring condos and retail. Revenues in 2014 were $175 million, a double-digit increase over 2013. CEO Rick Wright discusses growth, market trends and how he keeps new “foodie” grocery clerks happy.
Friday, June 05, 2015
As temperatures in Oregon creep into the 90s this weekend, Oregonians' thoughts are turning to — summer baseball.
Monday, July 06, 2015
Picking a business partner is not much different than choosing a spouse or life partner, and the business break-up can be as heart-wrenching and costly as divorce.
Wednesday, July 15, 2015
Oregon's roads are crumbling, and revenues from state and local gas taxes are not sufficient to pay for improvements. We asked readers if the private sector should help fund transportation maintenance and repairs. Research partner CFM Strategic Communications conducted the poll of 366 readers in February.
"I feel private enterprises are capable of operating at a higher efficiency than state government."
"This has been used in Oregon since the mid-1800s. It is not a new financing method. This form of financing may help Oregon close its infrastructure deficit by leveraging funds."
Monday, July 13, 2015
BY JACOB PALMER
Dean of the Atkinson Graduate School of Management, Willamette University
Monday, July 13, 2015
BY KIM MOORE | PHOTOS BY JASON E. KAPLAN
A New York floral and gift business takes on the iconic Harry & David brand.
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|Preserving the Legacy|
|Downtime with Debra Ringold|
|Washington to add 7 cents to gas tax|
|Wages, benefits grow at slowest pace in 33 years |
|Amazon earns $92M in profit|
|Under Armour bests Q2 earnings expectations|
|More than a hundred passengers forced to stay overnight at PDX|
|Immunization rates to be available to parents|
|CEO who pledged $70K minimum wage sued by brother|
Court experience helps legal firm anticipate potential problems for clients and prevent expensive litigation.
When Garmin AT needed to consolidate operations for its 550 employees, it scanned its entire corporate map for possible sites.
The technology industry is always in flux. And this rapid rate of change poses challenges to companies ranging from nimble startups aiming to make their mark to established organizations fighting to remain relevant. This is particularly true in the competitive digital display market, where an Oregon company has been at the forefront of nearly every major breakthrough in the last three decades.
A look back at the shifting sands of Portland’s growth and development.
Robert S. Wiggins has joined Lane Powell as a Shareholder in the Corporate/M&A Practice Group. Wiggins is a well-known lawyer, entrepreneur, and investor with more than 30 years of experience leading and advising established and emerging companies in the Pacific Northwest. Wiggins will focus his practice on offering outside general counsel services, including general corporate and board representation, business transactions and capital events.
DEDICATION PARTY: Help the Port of The Dalles celebrate its newest shovel-ready industrial land Friday, July 31, from 1:30 to 4 p.m.