Ocean Springs reaches oil spill settlement with BP

Ocean Springs reaches oil spill settlement with BP

OCEAN SPRINGS, MS (WLOX) - Another Jackson County city has reached a settlement with BP to compensate for economic losses caused by the Deepwater Horizon oil spill.

The City of Ocean Springs announced Thursday it will receive $852,000 from BP in addition to the $157,000 it recovered four years ago in a partial settlement. BP will also pay out an additional $1 million to the Ocean Springs School District.

"This has been a long time coming," said Mayor Connie Moran. "So many of our citizens suffered consequences of the oil spill, which had major negative impacts on our environment, and tourism and seafood industries. This amount will replenish our reserve fund and assist us in budgeting for much needed vehicles and equipment, as well as raises for employees,"

City officials say they expect the settlement to be paid out within the next 30 days. Moran said city leaders will use BP Restore Act money to fund economic and environmental development projects in the coming years.

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