Okla. Stat. tit. 62, § 62-57.32: Building Bonds Commission - Indebtedness - Purposes

The State of Oklahoma Building Bonds Commission, created by

Section 57.302 of Title 62 of the Oklahoma Statutes, acting for and

on behalf of the State of Oklahoma, shall be the agency by and

through which the State of Oklahoma shall incur indebtedness to the

extent of the sum of Thirty-five Million Five Hundred Thousand

Dollars ($35,500,000.00) as principal, for the purpose of

constructing new buildings and other capital improvements, and for

equipping, remodeling, modernizing and repairing any and all

existing buildings and capital improvements, at the constituent

institutions of The Oklahoma State System of Higher Education

provided that Five Million Dollars ($5,000,000.00) thereof shall be

used to construct and equip a school and hospital for children with

intellectual disabilities in Northeastern Oklahoma pursuant to, and

under authority of, Section 34 of Article X of the Constitution of

the State of Oklahoma and Section 57.15 et seq. of this title.