Ivey: RESTORE Act money to be distributed equitably over time - FOX10 News | WALA

Ivey: RESTORE Act money to be distributed equitably over time

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Alabama Gov. Kay Ivey Alabama Gov. Kay Ivey
MONTGOMERY, AL (WALA) -

Alabama Governor Kay Ivey issued a statement about this week's passage of infrastructure, economic development and ecosystem restoration in Mobile and Baldwin Counties by the Alabama Gulf Coast Recovery Council (AGCRC).

She said 48 projects were selected to receive more than $315 million.

As a result of the catastrophic 2010 Deepwater Horizon oil spill, Congress created the Resources and Ecosystems Sustainability, Tourist Opportunities, and Revived Economies of the Gulf Coast States (RESTORE) Act of 2012, which allowed for the creation of the AGCRC.

Governor Ivey said, “I commend the cooperative spirit of my fellow members to select worthy projects that will help enhance and restore the unique beauty of our Gulf Coast region. It is our goal to make sure allocated resources are used in the best way to support projects that will benefit the people of Alabama.”

A press release from the governor said the Council intends to distribute these funds, derived from money paid for by companies held accountable for the 2010 Deepwater Horizon oil spill, on an equitable basis over time and that other viable projects will remain on hold for future consideration by the Council.

Governor Ivey is chairperson for the council, but wasn't in Mobile this week when the projects were selected.

Here is information on the projects: https://restorealabama.org/Portals/0/Documents/AGCRC%20Public%20Meeting%20Final%203.7.18.pdf?ver=2018-03-08-193057-227

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