Arkansas § 14-16-302 Bidding process

Arkansas Statutes

§ 14-16-302 — Bidding process

(a)(1) The county judge shall publish a notice inviting sealed bids for the leasing, letting, selling, or conveying of real property for the production, reclamation, and refining of crude biogenic gases. This notice shall be published in a legal newspaper in the county where the property is located one (1) time each week for the four (4) weeks immediately prior to the date set for receiving bids.

(2)No bid shall be received, accepted, or considered when received after the date set for the receipt of bids.

(b)(1) Within thirty (30) days after the date set for the receipt of bids, the bids shall be opened and read at a public meeting of the county quorum court.

(2)(A) At the meeting, the county judge shall select and award the lease to the property or award the property to the highest, r

Free access — add to your briefcase to read the full text and ask questions with AI

(a) (1) The county judge shall publish a notice inviting sealed bids for the leasing, letting, selling, or conveying of real property for the production, reclamation, and refining of crude biogenic gases. This notice shall be published in a legal newspaper in the county where the property is located one (1) time each week for the four (4) weeks immediately prior to the date set for receiving bids. (2) No bid shall be received, accepted, or considered when received after the date set for the receipt of bids. (b) (1) Within thirty (30) days after the date set for the receipt of bids, the bids shall be opened and read at a public meeting of the county quorum court. (2) (A) At the meeting, the county judge shall select and award the lease to the property or award the property to the highest, responsible, and best bidder. (B) The county judge may reject all bids and begin the bidding process anew.

Arkansas § 14-16-302 (Bidding process) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.