County passes resolutions hoping to profit from natural gas
NORWICH – Chenango County lawmakers passed two resolutions Monday that would make extracting natural gas from county-owned properties potentially more profitable.
Supervisors unanimously requested that New York State enact legislation allowing the county to lease rights to extract and transport natural gas for more than five years and to lease subsurface rights for the extraction of the gas and/or installation of transmission pipelines under Cook Park in Greene.
A local law currently limits leases to terms not exceeding five years. New York State law limits the authority of a municipality to alienate park land by sale or lease.
Both resolutions were recommended by members of the Special Gas Committee and approved by the Agricultural, Buildings & Grounds Committee.
Chenango County has been approached by commercial natural gas entities seeking to lease county-owned land. The county believes that entering into such leases would offer taxpayers an opportunity to receive more return as well as assist in the development of the domestic energy supply.
A major deposit of natural gas known as the Marcellus Shale deposit has been identified under lands in the northern Tier of Pennsylvania and the Southern Tier of New York.
Prior to voting on the resolution about Cook Park, Town of Smyrna Supervisor James B. Bays cautioned that cuttings and fracking fluids from horizontal drilling “could be somewhat toxic” and suggested the county require a closed loop system for capturing any waste materials during the drilling process.
Supervisors unanimously requested that New York State enact legislation allowing the county to lease rights to extract and transport natural gas for more than five years and to lease subsurface rights for the extraction of the gas and/or installation of transmission pipelines under Cook Park in Greene.
A local law currently limits leases to terms not exceeding five years. New York State law limits the authority of a municipality to alienate park land by sale or lease.
Both resolutions were recommended by members of the Special Gas Committee and approved by the Agricultural, Buildings & Grounds Committee.
Chenango County has been approached by commercial natural gas entities seeking to lease county-owned land. The county believes that entering into such leases would offer taxpayers an opportunity to receive more return as well as assist in the development of the domestic energy supply.
A major deposit of natural gas known as the Marcellus Shale deposit has been identified under lands in the northern Tier of Pennsylvania and the Southern Tier of New York.
Prior to voting on the resolution about Cook Park, Town of Smyrna Supervisor James B. Bays cautioned that cuttings and fracking fluids from horizontal drilling “could be somewhat toxic” and suggested the county require a closed loop system for capturing any waste materials during the drilling process.
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