Parish gets ready to spend $6 million in OCS funds
ST. MARTINVILLE – The Parish Council Tuesday introduced ordinances amending the Capital Outlay and Construction Fund Budgets to account for more than $6 million in federal funds St. Martin Parish will be receiving.
Voting on the non-controversial ordinances is set for the council’s regular meeting June 2.
In earlier briefing sessions, Parish President Guy Cormier said the money, which comes through the Coastal Impact Assistance Program (CIAP), will be used will be used for three water-related projects:
•$4 million – Beau Bayou Water Quality and Sediment Reduction;
•$2.2 million – Stephensville Wastewater Assimilation and Facility Restoration;
•$390,000 – Bayou Amy Boat Launch and Educational Pavilion.
CIAP is a revenue-sharing program designed to mitigate the wear and tear on coastal parishes caused by oil and gas production on the Outer Continental Shelf.
The money comes mineral revenues exacted for oil and gas production in the OCS.