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.