- (a) Except as provided by Subsection (b), a municipality may lease oil, gas, or mineral land that it owns, in the manner and on the terms that the governing body of the municipality determines, for the benefit of the municipality. A lease under this section is not a sale under the law governing the sale of municipal land.
- (b) A municipality may not lease under this section a street, alley, or public square in the municipality.
- (c) A well may not be drilled in the thickly settled part of the municipality or within 200 feet of a private residence.
Acts 1987, 70th Leg., ch. 149, Sec. 1, eff. Sept. 1, 1987.