Okla. Stat. tit. 74, § 74-5062.35: Appropriations - Repayment - Bonds

A. It is the intent of the Legislature to appropriate monies to

the Oklahoma Department of Commerce in a total amount not to exceed

Five Million Dollars ($5,000,000.00) per year for the purpose of

funding interest payments of obligations issued by the Authority

pursuant to this act during the initial five (5) years of the

obligations. The appropriated funds shall be deposited in the

Military Base Protection and Expansion Bond Fund.

B. Upon the completion of the periods, if any, during which

principal payments are deferred and during which interest payments

are made from the Military Base Protection and Expansion Bond Fund

for a qualified issuer, the qualified issuer shall pay all

principal, interest, and other appropriate costs associated with the

issuance of the obligations. Payments may be in the form of lease

payments to the Authority as described in subsection D of Section

5062.34 of this title.

C. Bonds issued by the Authority under this act must be

delivered no later than June 30, 2010. No monies will be provided

pursuant to this section after June 30, 2015, for interest payments

on bonds issued under this act.