BP oil spill funds intended to aid in the recovery of the Gulf Coast are ready to be invested in Alabama, Governor Kay Ivey said in an announcement Monday. According to Gov. Ivey, the U.S. Treasury Department has approved Alabama’s plan to invest the funds. The $192.4 million injection of cash will be dispersed among 15 projects proposed by Alabama’s Multiyear Implementation Plan for Gulf Coast Recovery developed by the Alabama Gulf Coast Recovery Council. All of the projects proposed by the AGCR are located in Mobile and Baldwin Counties, which together form Alabama’s entire section of Gulf Coast. The ... Read More
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