Okla. Stat. tit. 73, § 73-181: Construction of office building in Carter County

A. The Department of Human Services shall conduct a study to

determine the feasibility of constructing an office building in

Carter County to house state agencies located in that county.

B. In the event the Office of Management and Enterprise

Services determines that it is feasible to construct such office

building, the following actions are hereby authorized:

1. The Oklahoma Capitol Improvement Authority shall provide the

funding for the construction of an office building in Carter County

to house state agencies located in that county, and may hold title

to or a leasehold interest in the facilities until such time as the

indebtedness created pursuant to this section shall be retired or

defeased and shall lease such facilities to the Office of Management

and Enterprise Services, with the Department of Human Services as

the lead tenant. Upon the retirement of the indebtedness created

pursuant to this section, the title to the land and improvements

thereon shall be transferred from the Oklahoma Capitol Improvement

Authority to the Office of Management and Enterprise Services;

2. For the purpose of paying the costs of construction

authorized by this section, the Authority is hereby authorized to

borrow monies on the credit of the income and revenues to be derived

from the leasing of the building and, in anticipation of collection

of such income and revenues, to issue negotiable or competitive

bonds not to exceed the sum of Four Million Dollars ($4,000,000.00).

The maximum term for such bonds shall be twenty (20) years. It is

the intent of the Legislature to appropriate to the respective

agencies of the state who are tenants of the office building

sufficient monies to make rental payments to the Authority for

purposes of retiring the debt created pursuant to this section.