Lee and Charlotte Counties accept Deepwater settlements, at a loss

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bp chart 2 bp chart 1 Lee and Charlotte counties have each formally accepted settlements for their claims against BP, related to the Deepwater Horizon oil spill, at a fraction of the amounts for which they filed claims.

In recent weeks, several nearby governments including Collier and Sarasota Counties also accepted sums for economic losses incurred in the wake of that 2010 disaster.

Both Lee and Charlotte were offered “take it or leave it” sums and both counties rushed to respond to the offers by deadline, holding special board meetings. The alternative, according to staff and outside council representing each county, […]