Oregon will spend $300 million in construction bond funding for seismic updates on public buildings.
The funds are included in the legislature’s $1.2 billion capital construction budget. Sen. Peter Courtney, the state’s Senate president, said the allotment for seismic updates is more than lawmakers have ever put toward such projects, according to the Portland Business Journal.
“We know there will be a major quake. We know too many of our schools will collapse," Courtney said. "These funds will help us fix our schools. These funds will save children’s lives.”
The bond funding plan dedicates $175 million for the Seismic Rehabilitation Grant Program, a program that helps make at-risk schools safer in the event of a major earthquake.
A 2007 Oregon Department of Geology and Mineral Industries survey found that more than 1,000 Oregon school buildings face a high risk of collapse during earthquakes.
Related Stories
Codes and Standards | Feb 12, 2019
Property technology adoption accelerates in commercial real estate industry
New business models create disintermediation.
Codes and Standards | Feb 11, 2019
Investing in downtowns pays off for cities, regions
Benefits include driving tax revenue, business activity, and smart development.
Codes and Standards | Feb 8, 2019
Oslo, Norway’s downtown goes virtually car-free
Parking spots converted to bike lanes, transit is fast and easy.
Codes and Standards | Feb 7, 2019
New North Carolina energy code has extensive lighting control requirements
Includes automatic shut offs for buildings of all sizes.
Codes and Standards | Feb 6, 2019
Solar carports can help with California’s Title 24 mandates
Can be combined with virtual net-metering software and tax-enabled financing.
Codes and Standards | Feb 5, 2019
Milwaukee board approves rezoning for Western Hemisphere’s tallest mass timber building
Mixed-use tower would rise 21 stories high.
Codes and Standards | Feb 1, 2019
Mass. governor proposes real estate transfer fee hike for climate resiliency projects
Opposed by real estate and trade groups, plan could generate $1 billion in next decade.
Codes and Standards | Jan 31, 2019
New York City will reform construction bid process
Streamlined process intended to improve efficiency, reduce hassle for bidders.
Codes and Standards | Jan 30, 2019
New AGC program aims to diversify construction workforce
More diversity needed to keep pace with demand for workers.
Codes and Standards | Jan 29, 2019
Registration now open for LEED v4.1 for New Construction and Interior Spaces
Emphasizes human health and integrative building design.