Okla. Stat. tit. 62, § 62-2008: Plans for use of funds - "Economic development" defined -

Fund allocation.

A. The governing board of an entity described by subsection A

or B of Section 2007 of this title shall develop a plan for the use

of available funds for the economic development of areas included

within its respective jurisdiction. For purposes of this act,

"economic development" shall include, but shall not be limited to,

the following purposes:

1. Rural water quality projects, including acquisition,

treatment, distribution and recovery of water for consumption by

humans or animals or both;

2. Rural solid waste disposal, treatment or similar projects;

3. Rural sanitary sewer construction or improvement projects;

4. Rural road or street construction or improvement projects;

5. Provision of rural fire protection services and public

safety services;

6. Expenditures designed to increase the employment level

within the jurisdiction of the entity;

7. Provision of health care services, including emergency

medical care, in rural areas;

8. Construction or improvement of telecommunication facilities

or systems;

9. Improvement of municipal energy distribution systems; and

10. Community buildings, courthouses, town halls, senior

nutrition centers, meeting rooms or similar public facilities.

B. Effective July 1, 2010, at least eighty percent (80%) of any

funds distributed to an entity as provided by this section shall be

expended for assets described in paragraphs 1 through 6 of

subsection A of this section. The remaining amount of any funds

distributed to an entity as provided by this section may be expended

on assets or purposes described in paragraphs 7 through 10 of

subsection A of this section.

C. Not later than July 31, each entity described by Section

2007 of this title shall transmit, in such electronic form as may be

prescribed by the Oklahoma Department of Commerce for purposes of

access to such information on the website maintained by the

Department, a summary of each project upon which funds received by

the entity from the Rural Economic Action Plan Fund were expended

during the fiscal year ending on the June 30 date immediately

preceding the July 31 reporting date.