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Belmont County

Belmont County

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Port Authority receives big check in Belmont County

Updated: Wednesday, July 2 2014, 05:35 PM EDT
BELMONT COUNTY, Ohio -- The Belmont County Port Authority received a generous check from Rice Energy on Wednesday.
It’s the third check within the last few months that Belmont County has received from the energy company, with the first two going directly to the county, equaling more than $6 million. Wednesday’s check, totaling $497, 000, went straight to the Port Authority.
These funds allow the Port Authority Board to partner with Belmont County and the village of Barnesville to run infrastructure to the Eastern Ohio Regional Industrial Park. Additional funds will allow them to create further infrastructure.
The Port Authority’s Larry Merry said the Port Authority council had already lent the Port Authority $50,000 to get the electrical service at the site because of a project that is going to be located in there, so they will be paying a total of $300,000 back.
The remaining money will be set aside for additional improvement and expenses in trying to do economic development.
"We'd like to thank Rice for partnering with the Port Authority and continuing the relationship and their investment in Belmont County," Merry said.
It’s good news for all parties because it solidifies the Port Authority to help the county create jobs.
“Again, in the end, for the Port Authority and the county, it's all about the foundation for economic development, which then creates jobs and increases our tax base,” Belmont County Commissioner Mark Thomas said. “With that everybody wins in Belmont County.”

Port Authority receives big check in Belmont County

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