{"data":{"id":"us-ok/okla.-stat.-tit.-73-73-187a-5","jurisdiction":"us-ok","citation":"Okla. Stat. tit. 73, § 73-187A-5","heading":"Utilization of LCF funds for Office of Management and","body":"Enterprise Services facilities.\n\nA. In addition to any other authorization provided by law, the\n\nOklahoma Capitol Improvement Authority is authorized to utilize\n\navailable funds from the Legacy Capital Financing Fund created by\n\nSection 187B of this title, in the amounts of:\n\n1. Seventy Million Dollars ($70,000,000.00) for the benefit of\n\nthe Office of Management and Enterprise Services to repair,\n\nrefurbish, and improve the real and personal property of the Jim\n\nThorpe Office Building; and\n\n2. Forty-five Million Three Hundred Twenty-two Thousand Three\n\nHundred Dollars ($45,322,300.00) for the benefit of the Office of\n\nManagement and Enterprise Services to accept transfer of the Kelley\n\nBuilding and Kelley Annex owned by the Department of Human Services\n\nand renovate the facilities for lease to a public operator as a day\n\ncare facility.\n\nB. LCF Recapitalization Payments shall be made related to the\n\ndistribution of proceeds provided in subsection A of this section,\n\nin accordance with the provisions of the Legacy Capital Financing\n\nAct.\n\nC. The Authority may distribute funds authorized pursuant to\n\nsubsection A of this section in one or more tranches.\n\nD. The Authority may enter memoranda of understanding with\n\nagencies, departments, and subdivisions of the state as needed, to\n\nfacilitate the provisions of this act, provided that such memoranda\n\nof understanding do not constitute a legal obligation of the State\n\nof Oklahoma or impede the administration of the provisions of the\n\nLegacy Capital Financing Act.","path":["OK Code","Title 73"],"source_url":"https://www.oklegislature.gov/OK_Statutes/CompleteTitles/os73.pdf","current_through":"2026-08-14","vintage":"open-us-law v2026.08, retrieved 2026-09-14","retrieved_at":"2026-09-14T18:32:36Z","sha256":"2da981b74cca7f3476d69a65df94e14d71338f554f1b04c74ca082b3632c627b","source_id":"us-ok","stale":false,"prev":"us-ok/okla.-stat.-tit.-73-73-187a-4","next":"us-ok/okla.-stat.-tit.-73-73-187a-6"},"notice":"GroundRules: Original legal text. Not legal advice."}