Okla. Stat. tit. 11, § 11-22-124: Commercial development projects, market houses and

marketplaces - Municipal buildings.

The municipal governing body may purchase ground for, erect,

establish, operate, and regulate retail or commercial redevelopment

projects, market houses, and marketplaces. The governing body may

contract with any person, company, or corporation for the erection,

operation, and maintenance of such redevelopment projects, market

houses, and marketplaces on terms and conditions and in such manner

as may be necessary and proper pursuant to the authority granted to

it by the Constitution and laws of this state to protect and

preserve such projects and markets for the benefit of the

municipality and its citizens. The municipal governing body may

raise all necessary revenue therefor. The governing body may also

provide for the erection and operation of any and all necessary

buildings for the municipality.