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Oklahoma · Snapshot open-us-law v2026.08, retrieved 2026-09-14

Okla. Stat. tit. 73, § 73-153-A: Buildings for Department of Public Safety - Location -

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  1. OK Code
  2. Title 73

Financing.

(a) The Oklahoma Capitol Improvement Authority is hereby

authorized to erect, operate and maintain a building or buildings

for the use of the State Department of Public Safety, the place of

erection to be upon the state-owned land at Northeast 36th Street

and Eastern Avenue in Oklahoma City.

(b) For the purpose of paying the costs of the projects

authorized in subsection (a) above, the Authority is hereby

authorized to borrow money on the credit of the income and revenues

to be derived from such projects and, in anticipation of the

collection of such income and revenues, to issue negotiable bonds

not to exceed the sum of One Million Three Hundred Thousand Dollars

($1,300,000.00) as may, in the opinion of the Authority, be

necessary for such purposes, and is authorized to provide for the

payment of such bonds and the rights of the holders thereof, as

provided in 73 O.S.1961, Section 153, for other bonds issued by the

Authority; provided that the bonds issued hereunder, the income and

revenues from the projects herein authorized, and the expenses of

operating such projects shall not be commingled with the bonds

heretofore issued or the income and revenues of the buildings

heretofore built or the expenses of operating such existing

buildings.

(c) The provisions of 73 O.S.1961, Sections 151 through 166,

both inclusive, insofar as the same are not in conflict herewith,

shall apply to and govern this act, and the execution of the

authorization herein contained. All mandates, authorizations and

conditions therein prescribed shall be applicable to this act.

(d) It shall be the duty of the Attorney General to represent

the Authority in the execution of the provisions of this act, and

such Authority shall not employ or pay any sums of money to any

private attorney or attorneys.

(e) The State Treasurer is hereby authorized and directed to

purchase from the Authority, and the Authority is hereby authorized

and directed to sell to the State Treasurer, at private sale, at

par, all of the bonds issued under this act, as an investment of the

public monies in his possession. The State Treasurer shall not sell

or otherwise dispose of such bonds or any of them without the

express authority, direction and approval of the Legislature.

Collected 2026-09-14T18:32:36Z. Source file · JSON

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