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Council approves RFP for leasing city mineral interests on small tract
Summary
Council approved issuance of RFP No. 25-51310-09 to lease city mineral interests for a small tract between Eighth Street and East Business 20; staff said the tract is in Section 25 Block 42 and purchasing documents had been reviewed by purchasing.
The Odessa City Council approved issuing a request for proposals to lease the city's mineral interests (not surface rights) on a small tract in Section 25, Block 42, located approximately between Eighth Street and East Business 20.
Staff told the council the RFP was prepared at the request of interested parties, has been reviewed by purchasing and is ready for issuance. The item received no public comment and the council approved the motion to issue the RFP unanimously.
No additional details about the lease terms, solicitation schedule, or minimum royalty rates were presented at the Oct. 14 meeting.
