Exxon proposes compensation to Mayflower spill victims | Arkansas Blog

Exxon proposes compensation to Mayflower spill victims

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The Log Cabin Democrat has the rundown on a letter ExxonMobil has sent residents of the Mayflower subdivision where a pipeline ruptured and spilled thousands of barrels of heavy Canadian crude from Alberta tar sands.

Terms include:

* $10,000 for inconvenience.

* A home cleaning

* Up to a year of rental for people who move out.

* Exxon purchase of homes sold during a three-year period, with a price set by appraisers that doesn't reflect the impact of the spill on home values. "Directly impacted" homes can be sold now to Exxon. Third-party appraisals will be paid by Exxon.

Exxon said the payments wouldn't affect other claims homeowners might have.

UPDATE: Today's report on the cleanup effort.

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