Okla. Stat. tit. 11, § 11-38-121: Costs of urban renewal or redevelopment projects and

repayment of interest and principal interest on bonds.

Notwithstanding any other statutory provision, it is hereby

stated that the costs of undertaking and carrying out urban renewal

or urban redevelopment projects and the repayment of interest and

principal on bonds issued under this act are valid and lawful

objects to which any revenue derived from ad valorem taxes levied

under subsection (a) of Section 9 of Article X of the Oklahoma

Constitution and not apportioned for the use of school districts

under subsection (a) of Section 9 of Article X of the Oklahoma

Constitution or Section 2495 of Title 68 of the Oklahoma Statutes,

may be applied.