Coast city wants $11.8M for oil spill, BP offers $76,000
Published: November 30,2011
GULFPORT — Gulfport leaders are seeking $11.8 million from BP for oil-catastrophe losses, but the company has so far offered only $76,000. That’s according to consultants the city hired.
The Sun Herald reports the city has agreed to pay the consultants from Dutko Grayling up to $80,000 for handling the city’s claim. Annette P. Herrin, an accountant certified in business valuation and financial forensics, estimated Gulfport lost $4.2 million in sales taxes and $1.5 million in property taxes durinig the 2010 tourist season.
BP spokesman Ray Melick told the newspaper BP is using straightforward methodology to determine government losses. He said Gulf cities and counties are being reimbursed based on guidelines in the federal Oil Pollution Act.
Eleven workers were killed on April 20, 2010 when the Deepwater Horizon rig exploded.
To sign up for Mississippi Business Daily Updates, click here.
FOLLOW THE MBJ ON TWITTERMy Tweets
Top Posts & Pages
- Mississippi no longer has highest unemployment rate in nation
- Grain buyer’s bankruptcy could take steep toll on Delta farmers
- McDaniel cites Gunn's challenge in his attempt to overturn loss to Cochran
- Mad Genius, Eyevox owner acquires Mississippi Film Studios
- UPDATE — David Watkins says JRA left him in dark about HUD's Farish St. involvement
- Payday lender, fired executive exchanging blame for lender’s regulatory woes
- HCC works deal with MSU Extension Service for land to expand
- Once the bane of only Southerners, kudzu is migrating north and west
- Report: Mississippi has worst child poverty rate in U.S.