31 Tex. Admin. Code § 151.5 - Exploration and Development of Groundwater Resources on State Lands
Upon request by the commissioner of the General Land Office (GLO), the School Land Board (SLB) will review proposed leases of permanent school fund lands that include authorization for the exploration and/or commercial development of underground water resources. Such review shall consider issues related to the project's consistency with the goals and policies of the SLB, including but not limited to:
(1) how the proposed project will take into
account the public good, water conservation efforts, and economic
growth;
(2) whether the project
will adhere to applicable local, state, and federal laws as well as any
applicable rules of groundwater conservation district(s) in which the lands may
be located;
(3) whether the rate of
return on the project to the permanent school fund is consistent with the goals
and strategies of the SLB; and
(4)
whether any water produced from the lands can be treated and transported in an
economical manner.
Notes
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