MIAMI, April 6 (UPI) -- The ConocoPhillips Co. has agreed to a $70 million settlement with residents of Pensacola, Fla., over a toxic plume generated by a fertilizer plant.
The plume spread from the old Agrico Chemical Co. plant in central Pensacola to Bayou Texas
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The lawsuit was filed in 2001 against Conoco Inc. and its predecessor, the Agrico Chemical Co.
The settlement is not yet in writing and must be approved by Circuit Court. A trial scheduled to start in July was expected to last five weeks.
The settlement reached Monday includes $65 million to be divided by as many as 7
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köpa canada goose,000 pieces of property in the area since 1957. Another $3.6 million will be used for monitoring the health of about 3,000 residents. The remainder of the money involved the payment of legal expenses.
Legal actions alleged a toxic plume migrated from the fertilizer plant to the bayou, devaluing property values and contaminating private irrigation wills.Related articles: