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.
Tex. Nat. Res. Code § 71.006
RECEIVING BIDS AND AWARDING LEASE
Acts 1977, 65th Leg., p. 2504, ch. 871, art
Official source: Texas Constitution and Statutes. Reproduced from public-domain Texas statutes; confirm against the official source for the current text. Not legal advice.