(BAYONNE, NJ) – Mayor Jimmy Davis issued a statement today regarding the alleged settlement reached between Governor Chris Christie’s administration and Exxon Mobil with regard to contaminated site restoration of the Bayway area in the Cities of Bayonne and Linden.
The settlement stems from a lawsuit filed by the State Department of Environmental Protection (DEP) in 2004. After years of analysis, $8.9 billion was sought in the case for restoration of affected sites, and compensatory damages. Recent reports indicate that the current settlement agreement, now pending final approval by a judge, includes a payment of just $250 million; less than 3% of the total $8.9 billon sought.
“The affected area is literally right in our backyard, so I would have liked to have had some kind of input on this. Unfortunately I just haven’t been made aware of the details of the pending agreement or, more importantly, how this will effect Bayonne.”
Of the $8.9 billion originally sought by the NJ-DEP, $2.6 billion (nearly 30%) was slated for remediation and site restoration. The remaining sum was to go toward compensatory damages. However, settlement monies, if approved, would not even account for 10% of the site restoration costs.