BP Disaster Business Politics Recovery

Don Gaetz to chair Triumph Gulf Coast

July 14, 2017

From The News Service of Florida:

Former House Speaker Allan Bense on Thursday kept the position of chairman of the non-profit organization Triumph Gulf Coast as it starts to oversee how BP oil-spill settlement money is spent across the Panhandle.

But in January, the Panama City Republican will be replaced in the chairmanship by former Senate President Don Gaetz, who was chosen Thursday as vice chairman of the board.

The unanimous appointments for both were part of the organization’s first meeting since lawmakers approved funding for Triumph Gulf Coast in measures signed into law (HB 7077, HB 7079) by Gov. Rick Scott last month. The board is in charge of determining how to use 75 percent of the $2 billion Florida will get from the settlement related to the impacts of the 2010 Deepwater Horizon oil spill. The money going through Triumph Gulf Coast is for eight counties: Bay, Escambia, Franklin, Gulf, Okaloosa, Santa Rosa, Wakulla and Walton.

The legislation set minimum amounts for how much each county will receive and expanded the Triumph Gulf Coast board from five to seven members, with the goal of providing more representation to less-populated counties. Florida has already received $400 million and is slated to receive the rest in annual payments over the next 13 years.

Gaetz, a Niceville Republican who oversaw the Legislature’s initial creation of Triumph Gulf Coast, was added to the board on June 30 by House Speaker Richard Corcoran, R-Land O’ Lakes. The board’s organizational meeting Thursday at the Institute for Human & Machine Cognition in Pensacola was held a day after Scott advised Bense to use the money in a “transparent” manner that has the best return on investment for Florida. Board members agreed to take public input on economic-development projects on Aug. 16.

You Might Also Like

No Comments

Leave a Reply

Read This Before Leaving a Comment

Please make sure your comments follow our guidelines:

  • Please use real name - first and last names.
  • No foul language (please). Comments that are obscene, vulgar or sexually oriented will be removed. Creative spelling of such terms or implied use of such language is banned, also.
  • Do not threaten to hurt or kill anyone.
  • Be nice. No racism, sexism or any other sort of -ism that degrades another person.
  • Harassing comments. If you are the subject of a harassing comment or personal attack by another user, do not respond in-kind. Email Rick: Rick@inweekly.net. The comment will be deleted asap.
  • Share what you know. Give us your eyewitness accounts, background, observations and history.
  • Do not libel anyone. Libel is writing something false about someone that damages that person
  • Remember, this is my site. I set the rules and reserve the right to remove any comments that I deem inappropriate and to ban anyone who violates these rules.

Comments that do not adhere will be deleted or marked as SPAM.