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Terms Used In Texas Natural Resources Code 32.105

  • Contract: A legal written agreement that becomes binding when signed.
  • Lease: A contract transferring the use of property or occupancy of land, space, structures, or equipment in consideration of a payment (e.g., rent). Source: OCC
  • Month: means a calendar month. See Texas Government Code 312.011

The date for opening bids for the sale, lease, or commitment to a contract for development of land shall be:
(1) the first or third Tuesday of a month in which the board meets; or
(2) any date on which the board has a special meeting.