perry county – village of somerset community impacts of shale development looking at utica shale...

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

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Page 1: Perry County – Village of Somerset Community Impacts of Shale Development Looking at Utica Shale Development from three aspects: –Local Government –Landowners

Perry County – Village of SomersetCommunity Impacts of Shale Development

• Looking at Utica Shale Development from three aspects:

– Local Government– Landowners– Community Foundation

Page 2: Perry County – Village of Somerset Community Impacts of Shale Development Looking at Utica Shale Development from three aspects: –Local Government –Landowners

Perry County – Village of SomersetCommunity 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?

Page 3: Perry County – Village of Somerset Community Impacts of Shale Development Looking at Utica Shale Development from three aspects: –Local Government –Landowners

Perry County – Village of SomersetCommunity Impacts of Shale Development

• History of Coal Mining• Top Coal Producing

County in Ohio • History of Oil Booms• Legacy of Purpose

Built Environment

Page 4: Perry County – Village of Somerset Community Impacts of Shale Development Looking at Utica Shale Development from three aspects: –Local Government –Landowners

Perry County – Village of SomersetCommunity Impacts of Shale Development

• Local Government Response– County Commissioners– State Legislators– County Engineers– Job & Family Services– Soil & Water Conservation

Districts– Township Trustees

Page 5: Perry County – Village of Somerset Community Impacts of Shale Development Looking at Utica Shale Development from three aspects: –Local Government –Landowners

Perry County – Village of SomersetCommunity Impacts of Shale Development

• Economic Development Strategy– Agriculture– Local Foods– Tourism– Preparing for Utica

Shale Oil & Gas Development

Page 6: Perry County – Village of Somerset Community Impacts of Shale Development Looking at Utica Shale Development from three aspects: –Local Government –Landowners

Perry County – Village of SomersetCommunity Impacts of Shale Development

• Perry County Landowners Association

– Monthly Meetings– Speakers– Topics– Joint Lease

Agreements– Marketing Total Acres

Page 7: Perry County – Village of Somerset Community Impacts of Shale Development Looking at Utica Shale Development from three aspects: –Local Government –Landowners

Perry County – Village of SomersetCommunity Impacts of Shale Development• Community Foundation

Endowment Funds

– Unique opportunity for wealth retention

– Need for civic institutions & infrastructure

Page 8: Perry County – Village of Somerset Community Impacts of Shale Development Looking at Utica Shale Development from three aspects: –Local Government –Landowners

Perry County – Village of SomersetCommunity Impacts of Shale Development• Community Foundation

Endowment Funds– Unique opportunity for wealth

retention– Severane tax to mitigage

community impacts.

– Need for civic infrastructure