EAST LIVERPOOL - Five homes in Wellsville may be acquired and demolished as part of Marathon Petroleum's expansion into the Columbiana County Port Authority's riverfront industrial park.
The port authority voted at this week's meeting to enter into option agreements to purchase six properties - five homes and one lot - along the Clark Avenue entrance to its industrial park located along the Ohio River.
Port CEO Tracy Drake said these properties would be needed to accommodate Marathon's expansion made possible by its July purchase of 3.6 acres of industrial park property for $2.4 million.
Marathon has a storage tank/transfer facility located next door to the industrial park, and the 3.6 acres would be developed into a staging area for trucks bringing in oil and gas collected from shale gas wells. A pipeline would transport the oil and gas to Marathon's storage tanks.
Drake has estimated the operation will result in 200 to 400 trucks going to and from the transfer facility on a daily basis, which is why they need the extra room on Clark Avenue to accommodate the additional traffic.
"It's the right thing to open that up," he said.
The property owners are Janie McClelland, Ronald Greathouse, Randall Mills, Mr. and Mrs. Dale Barnhart, Dale Thirtyacre and Robert Culp. The 60-day options are for $10 and expire Oct. 19.
Drake expects the property acquisition to cost the port authority about $700,000 once the negotiated sales are completed.