If the governing body believes that the bids submitted to it do not represent the fair value of the leases, the governing body may reject the bids, give notice, and call for additional bids.
Tex. Nat. Res. Code § 71.007
REJECTION OF BIDS AND ADDITIONAL BIDS
Acts 1977, 65th Leg., p. 2505, 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.