SEISMIC LOAN PROGRAM PROPOSED BY L.A. COUNCILMEN ENGLANDER AND BUSCAINO

Under current law, owners of unreinforced concrete buildings and soft story apartments are required to pay for costly seismic retrofits if the buildings don’t meet standards set several years ago by the City of L.A. Council members Mitchell Englander and Joe Buscaino recently received approval of their motion to research the creation of a revolving loan program for owners subject to the seismic retrofit ordinance. BOMA advocacy staff will meet with Englander’s office this week to discuss details of such a program.

BOMA/GLA'S MARTHA COX-NITIKMAN QUOTES IN LA TIMES RE: SEISMIC AGAIN

BOMA/GLA's Martha Cox-Nitikman has been in the LA Times recently discussing seismic retrofit for commercial property owners. With more and more cities considering mandatory seismic retrofit legislation, its important that our voice is heard. Stay tuned for more and click here to read the article at the LA Times. 

MEMBER ARTICLE: HURRICANES DELIVER TERRIFYING WARNING TO CALIFORNIA: DON'T BE CAUGHT UNPREPARED WHEN EPIC DISASTER STRIKES

The devastation left by hurricanes Harvey and Irma should be a wakeup call to those of us in California.

These two natural disasters have burdened society with not only loss of lives, but an economic impact of more than $290 billion that includes property damage and loss; disruptions to business, transportation and infrastructure; heightened unemployment; and increased prices for gasoline and other fuels impacting all Americans.

Early Warnings to Prepare for the Worst

SANTA MONICA SEISMIC RETROFIT ORDINANCE

City of Santa Monica passed an ordinance in early 2017 mandating that all buildings be seismically retrofitted. BOMA/GLA lobbied for several changes, including exemptions from parking requirements and replacement of trash enclosures.

Under the original ordinance, owners would have to apply for a variance for both the parking space replacement and trash enclosure.  Owners currently pay $50,000-$60,000 to obtain a variance (city fees, construction plans, and expediter services). If CEQA is triggered, costs could go up to $100,000.

DID YOU KNOW THAT OCTOBER 20TH AT 10:20 AM IS THE GREAT SHAKEOUT?

The Great Shakeout is a worldwide emergency drill with the goal of helping people prepare their homes, workplaces, and communities for an earthquake. The Great Shakeout website (shakeout.org) has excellent information to assist you in your emergency planning and practice drills.

Click here to see a list of a few things you can do before the next quake.