Okla. Stat. tit. 11, § 11-38-110: Powers of redevelopment corporations or other private

persons or corporations.

For the purpose of aiding in the planning, undertaking or

carrying out of an urban renewal project, an urban redevelopment

corporation or any other private person or corporation may, upon

such terms and with or without consideration, as may be determined:

1. Dedicate, sell, convey, or lease any of its interest in any

property or grant easements, licenses or other rights or privileges

therein to an Urban Renewal Authority, or to a municipality or any

other public body or governmental agency or to any private person or

corporation;

2. Incur the entire expense, or any portion thereof, of any

public improvements necessary to the execution of an urban renewal

plan;

3. Do any and all things necessary to aid or cooperate in the

planning or carrying out of an urban renewal plan;

4. Lend, grant or contribute funds to an Urban Renewal

Authority; or

5. Enter into agreements, including lease-purchase agreements,

(which may extend over any period, notwithstanding any provision or

rule of law to the contrary) with any municipality, public body or

governmental agency including an Urban Renewal Authority, respecting

action to be taken pursuant to any of the powers granted by this

article, including the furnishing of funds, or other assistance in

connection with an urban renewal project.