The School Land Board (General Land Office) may lease submerged or partially submerged coastal state land to navigation districts. The land may be leased only for the promotion of navigation which includes:

·       marine commerce;

·       port development;

·       channel construction and maintenance;

·       commercial and sport fishing;

·       recreational boating;

·       industrial site locations;

·       transportation, shipping and storage facilities; and

·       pollution abatement facilities.

Does not include residential development.