Section 23-1103. Procedure for obtaining gas storage lease


Latest version.
  • 1.  The  department  may  make  leases on behalf of this state for the
      storage of gas, and liquefied petroleum gas, in state owned  lands  upon
      such  terms  and  conditions including consideration as to it shall seem
      just and proper.
        2. All leases made pursuant to this section shall:
        a. Provide for payment to the  agency  having  jurisdiction  over  the
      leased lands of adequate and reasonable consideration;
        b.  Be invalid unless they shall have the prior approval of such state
      department, division, bureau or agency thereof, or state  agency  having
      jurisdiction  over  the  land  in  question,  and authority to give such
      consent is hereby conferred upon the head of any such state  department,
      or  a  division, bureau or agency thereof, or any state agency; and with
      respect to lands  under  water  held  by  the  state  in  its  sovereign
      capacity,  jurisdiction  is  deemed to be in the Commissioner of General
      Services;
        c. Contain such other terms and provisions  as  may  be  necessary  or
      appropriate  in  order  to  promote the purposes of this article and the
      public policy of this state; and
        d. Be inapplicable to any lands the leasing of which is prohibited  by
      the State Constitution.