March 16, 2013 – PORTLAND - Coastal towns would be inundated. Schools, buildings and bridges would collapse, and economic damage could hit $32 billion. These findings were published in a chilling new report by the Oregon Seismic Safety Policy Advisory Commission, a group of more than 150 volunteer experts. In 2011, the Legislature authorized the study of what would happen if a quake and tsunami such as the one that devastated Japan hit the Pacific Northwest.