Okla. Stat. tit. 11, § 11-37-125: Joint financing of waterworks

Waterworks which are jointly constructed, maintained, controlled

or operated by two or more municipalities may be financed by the

issue and sale of bonds and collection of water charges, as provided

in Sections 37-106 through 37-109 of this title. The governing

bodies of such municipalities are hereby specifically authorized to

enter into agreement and contract as to the amount of each

municipality's indebtedness and proportionate share of cost of

construction, maintenance, control and operation of any waterworks

jointly acquired under the provisions of Section 37-124 of this

title; provided that in all cases where a proposition is submitted

to the registered voters of any municipality for the voting of bonds

to defray costs of such a joint contract, the election notice and

ballot shall so state.