Wetmore Township will see a decrease in the amount of revenue it receives this year from its share of timber sales in the Allegheny National Forest (ANF).
According to a report from the U.S. Forest Service, the township's allocation will be $94,298.44 this year. The figure is a decrease of $8,665.88 from the previous allocation of $102,9964.32.
The Wetmore Township Supervisors Steve Dyne, Bill Ryding and Elaine Bodistow received notice of the timber revenue Tuesday at a meeting at the township building on Spring Street in East Kane.
This year's allocation is the lowest in nine years and is a drastic cut from the peak of $159,823.59 in 1996-97.
According to the report, Wetmore has 26,425.17 acres within the ANF.
While the decrease in timber sale revenue is a blow to the township treasury, the drop may be more than made up with revenue from the "impact fee" on Marcellus Shale natural wells.
According to preliminary estimates, the township could receive $30,692 as its share of the "impact fees."
The McKean County Board of Commissioners agreed last week to participate in the "impact fee" legislation adopted on the state level. The commissioners are expected to formally adopt the "impact fee" ordinance at their meeting March 20.
If the "impact fee" revenue comes in as expected, the township could be receiving its share of the money later this year.
In business related to Marcellus Shale wells at the Tuesday meeting, the township supervisors:
*Received notice that Seneca Resources has applied to the state Department of Environmental Protection (DEP) for permission to run a pipeline across a stream. The proposed pipeline is located about two miles east of the intersection of Route 321 and the McKean/Elk county line.
See full article by purchasing the March 7 edition of The Kane Republican.