Louisiana Public Agencies Accept Nearly $250M in BP Settlements

Public agencies in the New Orleans area have accepted about a quarter-billion dollars from BP for economic losses resulting from the 2010 Deepwater Horizon disaster.

NOLA.com/The Times-Picayune reports the Southeast Louisiana Flood Protection Authority-East accepted an $8.2 million offer for itself, as well as $1 million on behalf of the Non-Flood Protection Asset Management Authority.

The management authority oversees property such as Lakefront Airport and Orleans Marina that are owned by the Orleans Levee District, which is folded into the regional flood protection authority.

BP has agreed to set aside as much as $1 billion to local governments as part of its $18.7 billion settlement with five states and the federal government. The deal results from the 2010 Deepwater Horizon rig explosion and oil disaster in the Gulf of Mexico.

There are now 22 New Orleans-area entities that have accepted offers worth a combined $249.3 million. Plaquemines Parish and the Town of Jean Lafitte refused settlements.

Those accepting settlements are:

Audubon Commission, $3.5 million; Covington, $1.5 million; Gretna, $3.3 million; Harahan, $608,777; Jefferson Parish, $53.1 million; Jefferson Parish School Board, $32.7 million; Kenner, $9.3 million; Lafourche Parish, $8.1 million; Mandeville, $2.1 million.

New Orleans, $45 million; Non-Flood Protection Asset Management Authority, $1 million; Northshore Harbor Center, $217,283; Orleans Parish School Board, $22.7 million; Plaquemines Parish School Board, $10.5 million; Port of Plaquemines, $155,300; St. Bernard Parish, $9.3 million.

St. Tammany Parish, $16.8 million; St. Tammany Parish School Board, $15.4 million; Slidell, $3 million; Southeast Louisiana Flood Protection Authority-East, $8.2 million; Southeast Louisiana Flood Protection Authority-West, $2 million; and Westwego, $823,023.

Topics Agencies Louisiana Flood