Belmont County Shopping New Deal to Lease Additional 426 Acres
Belmont County, OH commissioners like the $3 million check they just got from Rice Energy for leasing 406 acres of county-owned land (see Belmont County, OH Waiting for $3M Lease Check from Rice Energy). That's $7,500 per acre for a signing bonus! Commissioners with Belmont like that gas money so much, they're now looking to lease another 426 acres--at an even higher price. Oy vey!
The announcement about Belmont shopping for another lease deal came at a meeting last week...
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