Governor Ivey Announces More Than $315 Million from RESTORE Act to Fund Gulf Coast Projects
MONTGOMERY – Governor Kay Ivey announced on Friday that the Alabama Gulf Coast Recovery Council (AGCRC) has selected 48 projects to receive more than $315 million for infrastructure, economic development and ecosystem restoration in Mobile and Baldwin Counties.
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.
“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,” Governor Ivey said. “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.”
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. Other viable projects will remain on hold for future consideration by the Council.
“I appreciate Governor Ivey for not only allowing me to serve as her representative on the Alabama Gulf Coast Recovery Council, but for her commitment to getting this process moving again so that Baldwin and Mobile Counties can continue their revitalization efforts,” said Jo Bonner, governor’s designee on the Alabama Gulf Coast Recovery Council.
The Council recently held a public meeting to vote on projects for inclusion in Alabama’s Draft Multiyear Implementation Plan (MIP) and Draft State Expenditure Plan (SEP). Once developed, the draft plans will be released for public comment for 45 days.
More information about the selected projects can be found here.