Perry County – Village of Somerset Community Impacts of Shale Development Looking at Utica Shale Development from three aspects: –Local Government –Landowners.

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Presentation transcript:

Perry County – Village of Somerset Community Impacts of Shale Development Looking at Utica Shale Development from three aspects: –Local Government –Landowners –Community Foundation

Perry County – Village of Somerset Community Impacts of Shale Development Small Rural Appalachian County Fifth poorest county in Ohio No tourism infrastructure Minimal support infrastructure Within Utica Shale “sweet spot” but 12 to 18 months out?

Perry County – Village of Somerset Community Impacts of Shale Development History of Coal Mining Top Coal Producing County in Ohio History of Oil Booms Legacy of Purpose Built Environment

Perry County – Village of Somerset Community Impacts of Shale Development Local Government Response –County Commissioners –State Legislators –County Engineers –Job & Family Services –Soil & Water Conservation Districts –Township Trustees

Perry County – Village of Somerset Community Impacts of Shale Development Economic Development Strategy –Agriculture –Local Foods –Tourism –Preparing for Utica Shale Oil & Gas Development

Perry County – Village of Somerset Community Impacts of Shale Development Perry County Landowners Association –Monthly Meetings –Speakers –Topics –Joint Lease Agreements –Marketing Total Acres

Perry County – Village of Somerset Community Impacts of Shale Development Community Foundation Endowment Funds –Unique opportunity for wealth retention –Need for civic institutions & infrastructure

Perry County – Village of Somerset Community Impacts of Shale Development Community Foundation Endowment Funds –Unique opportunity for wealth retention – Severane tax to mitigage community impacts. –Need for civic infrastructure