Okla. Stat. tit. 73, § 73-187A-5: Utilization of LCF funds for Office of Management and
Where this section sits in the code
- OK Code
- Title 73
Enterprise Services facilities.
A. In addition to any other authorization provided by law, the
Oklahoma Capitol Improvement Authority is authorized to utilize
available funds from the Legacy Capital Financing Fund created by
Section 187B of this title, in the amounts of:
1. Seventy Million Dollars ($70,000,000.00) for the benefit of
the Office of Management and Enterprise Services to repair,
refurbish, and improve the real and personal property of the Jim
Thorpe Office Building; and
2. Forty-five Million Three Hundred Twenty-two Thousand Three
Hundred Dollars ($45,322,300.00) for the benefit of the Office of
Management and Enterprise Services to accept transfer of the Kelley
Building and Kelley Annex owned by the Department of Human Services
and renovate the facilities for lease to a public operator as a day
care facility.
B. LCF Recapitalization Payments shall be made related to the
distribution of proceeds provided in subsection A of this section,
in accordance with the provisions of the Legacy Capital Financing
Act.
C. The Authority may distribute funds authorized pursuant to
subsection A of this section in one or more tranches.
D. The Authority may enter memoranda of understanding with
agencies, departments, and subdivisions of the state as needed, to
facilitate the provisions of this act, provided that such memoranda
of understanding do not constitute a legal obligation of the State
of Oklahoma or impede the administration of the provisions of the
Legacy Capital Financing Act.
Collected 2026-09-14T18:32:36Z. Source file · JSON