Okla. Stat. tit. 70, § 70-4415: Communities as area school districts - Authorization to

issue bonds and levy taxes.

Any community that has heretofore been or that may hereafter be

authorized to establish a junior college by order of the Oklahoma

State Regents for Higher Education pursuant to Chapter 100, Oklahoma

Session Laws 1967, as amended (70 O.S. Supp. 1968, Sections 4401 -

4409), and that has been or may be declared to be an area school

district by resolution of the Board of Trustees of the junior

college, may, through the Board of Trustees of the community

college, in accordance with Section 9B, Article X, Oklahoma

Constitution, issue general obligation bonds in the same manner as

bonds are issued by independent school districts, and cause taxes to

be levied against all taxable property in the community to meet

payment of principal and interest of the bonds under the procedure

prescribed for bonds of independent school districts; and may make

levies as provided by Sections 9B and 10, Article X, Oklahoma

Constitution, and Section 5 of Chapter 321, Oklahoma Session Laws

1967 (70 O.S. Supp. 1968, Sec. 4-47).