NEW CASTLE —
The city of New Castle received one proposal yesterday for the leasing of gas rights on specific city-owned properties.
Hilcorp Energy Co. submitted an offer to pay the city $2,002,479.50 for the leasing rights for Marcellus Shale.
City council referred the proposal to the solicitors for review. Council anticipates voting on it at its July 26 meeting.
If there would be any drilling, it would be done horizontally underneath the properties.
Council also renewed an agreement with United Concordia to provide dental insurance coverage for city employees.
Hot Topics
July 13, 2012
City receives gas leasing proposal
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Prosecutors granted stay in Jordan Brown decision
A hearing on the status of a boy accused in a 2009 fatal shooting has been canceled. The hearing on 15-year-old Jordan Brown’s detention had been planned for Lawrence County Court today, but was canceled after prosecutors requested, and received, a stay in the proceedings.
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Jordan Brown Case: Next step unclear, attorneys say
The Jordan Brown case has stretched into its fifth year. But it is not over yet. And the lawyers representing the 15-year-old don’t know exactly what will happen next.
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Jordan Brown Case: Victim’s parents ‘devastated’ by ruling
Kenzie Houk’s parents are devastated — again. The first time was when she was fatally shot in February, 2009. The second time was Wednesday, when they learned of a ruling by the Pennsylvania Superior Court.
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Appeals court overturns Jordan Brown ruling
A Pennsylvania appeals court has overturned the Jordan Brown decision in Lawrence County. As a result, a new juvenile proceeding will be needed for the now-15-year-old accused in the 2009 shooting death of his father’s pregnant fiancée, Kenzie Houk.
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Local officials keep hope alive for track
Penn National Gaming’s plans to proceed with an Austintown racetrack has not killed hopes for a Lawrence County track/casino. “We’re still in a holding pattern,” state Sen. Elder Vogel Jr. said.
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Ohio gives Penn National the go-ahead
The Ohio Racing Commission Wednesday gave Penn National Gaming the green light to relocate two racetracks. The approval was unanimous to transfer a thoroughbred racetrack from Columbus to Austintown and a harness track from Toledo to Dayton.
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Ohio tracks still waiting for design decision
The wait for a racetrack in Austintown continues. The Ohio State Racing Commission members Tuesday agreed to extend the time it will take to reach a decision on the design of racetracks proposed by Penn National Gaming Inc.
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Authority to vote on Citigroup for track bond issue
A county authority will vote publicly on an underwriter for a revenue bond issue for a proposed racetrack. The Lawrence County Industrial Development Authority will meet at 10 a.m. April 24 at the Lawrence County Economic Development Corp. office to act on the county commissioners’ recommendation of Citigroup Global Markets Inc. as the lending institution for a revenue bond.
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Citigroup to underwrite county’s track financing
Citigroup has been chosen to underwrite the county’s share of financing for the racetrack/casino proposed for Mahoning Township. The bank will issue bonds or notes to finance part of the $400 million project proposed for Lawrence County.
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Ohio’s demands to delay Penn National progress
Penn National Gaming will have another six months to meet Ohio Racing Commission demands. In a special meeting yesterday, commission members asked Penn National to redesign the $125 million racetrack set for Austintown.
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