Sec. 76.018. LOCATION RENTAL TERM; RENEWAL; AUCTION. (a) The term of a rental lease for a location under this subchapter is 15 years.
(b) The commission shall determine renewal procedures to follow at the end of each lease term. The procedures must include:
(1) a determination that the lease renewal will be based on the need for depuration of polluted oysters and other considerations specified in the oyster management plan;
(2) payment of a $200 fee due on renewal of the lease;
(3) a condition that the current leaseholder will be offered a first right of refusal if the lease is renewed under this chapter; and
(4) any other conditions for the lease renewal that do not conflict with this chapter.
(c) The commission shall determine auction procedures for the issuance of a lease that is not renewed by the previous leaseholder under Subsection (b).
Added by Acts 2001, 77th Leg., ch. 968, Sec. 43, eff. Sept. 1, 2001.
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