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Bells ISD board declines oil-and-gas lease with Appaloosa Oil and Gas, LLC
Summary
By unanimous vote the board decided not to enter into the proposed agreement with Appaloosa Oil and Gas, LLC; the minutes record the motion and outcome but do not include terms or staff recommendations.
The Bells ISD Board of Trustees voted on Oct. 14, 2024, that the district would not enter into the proposed agreement with Appaloosa Oil and Gas, LLC at this time. Gary Payne moved for the action; Stephanie Nettles seconded and the motion passed 6–0.
The minutes record the decision but do not include lease terms, potential revenue estimates, or a staff recommendation. The record does not indicate whether the item was tabled for more information or permanently declined.
