Texas Statutes (Last Updated: January 4, 2014) |
NATURAL RESOURCES CODE |
Title 2. PUBLIC DOMAIN |
Subtitle F. LAND OF POLITICAL SUBDIVISIONS |
Chapter 71. LEASE FOR MINERAL DEVELOPMENT |
Subchapter A. LEASES BY POLITICAL SUBDIVISIONS |
Sec. 71.006. RECEIVING BIDS AND AWARDING LEASE
Latest version.
-
On the date specified in the notice, the governing body of the political subdivision shall receive and consider bids submitted for leasing all or part of the land that was advertised for lease, and the governing body may award the lease to the highest and best bidder who submits a bid.
Acts 1977, 65th Leg., p. 2504, ch. 871, art. I, Sec. 1, eff. Sept. 1, 1977.