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

Okla. Stat. tit. 73, § 73-187A-5: Utilization of LCF funds for Office of Management and

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Where this section sits in the code
  1. OK Code
  2. 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

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