Sec. 71.006. RECEIVING BIDS AND AWARDING LEASE. 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.
Structure Texas Statutes
Subtitle F - Land of Political Subdivisions
Chapter 71 - Lease for Mineral Development
Subchapter A. Leases by Political Subdivisions
Section 71.002. Authority to Lease
Section 71.003. Governing Body to Exercise Authority
Section 71.004. Notice and Hearing
Section 71.005. Notice of Intention to Lease Land
Section 71.006. Receiving Bids and Awarding Lease
Section 71.007. Rejection of Bids and Additional Bids