Details for REQUEST FOR PROPOSALS

REQUEST FOR PROPOSALS

The City of Falls City is accepting proposals for an oil and gas only lease for approximately 91.11 acres of land located throughout the city, including the City’s wastewater treatment plant and city streets. Persons submitting proposals should include an offer for a paid up per acreage bonus payment, royalty percentage to the City and any other compensation or terms the proposer wishes the City to consider. Lease terms must exclude oil and gas operations on the City’s property. Proposals should be submitted to the City Secretary at 208 N. Irvin, Falls City, Texas 78113 by 3:00 p.m. no later than January 20, 2016. Persons requesting more information, including the Request for Proposals and list of properties, may contact the City Secretary at 830-254-3242. The City reserves the right to exclude properties and add additional properties before signing a final lease. The City reserves the right to accept or reject any proposal or negotiate further with the person submitting the proposal deemed in the best interest of the City.

WO1-6&13

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