Self restoration

Published: Thursday, February 28, 2013 at 09:54 AM.

A civil trial got underway this week before a federal judge in Louisiana.

Negotiations with BP for a final settlement of all civil claims, a sure thing Williams insisted, have been complicated by the competing interests of the affected Gulf Coast states, as reported last week by outlets such as the New York Times and Wall Street Journal.

Any RESTORE funds coming here, if any, seem a long way off.

In fact, according to the reports from the two newspapers, negotiations were actually complicated by the RESTORE Act and the way it divides up settlement money.

Put it in micro terms.

The county RESTORE Act committee has done an excellent job of establishing a structure and process considering the committee is operating from no rules book.

But the committee is sitting on pre-proposals amounting to four times the amount considered the most optimistic number for money coming to Gulf County.



1 2 3 4 5
Next

Reader comments posted to this article may be published in our print edition. All rights reserved. This copyrighted material may not be re-published without permission. Links are encouraged.

COMMENTS
▲ Return to Top
 

Get new customers and grow your business with Daily Deals.com - see how it works