Okla. Stat. tit. 73, § 73-168.3 — OK Code / Title 73 / Section 73-168.3
Acquisition of land for erection of building for
Status: in_force

operation of Oklahoma School of Science and Mathematics - Issuance

of bonds.

A. The Oklahoma Capitol Improvement Authority may acquire land

owned by the Board of Trustees of the Oklahoma School of Science and

Mathematics. The Oklahoma Capitol Improvement Authority may provide

for the funding, construction and maintenance of a building or

buildings for use by the Board of Trustees of the Oklahoma School of

Science and Mathematics for the operation of the Oklahoma School of

Science and Mathematics, and shall hold title to the facilities

until such time as the indebtedness created pursuant to this section

shall be retired or defeased. 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 Board of Trustees of the

Oklahoma School of Science and Mathematics.

B. For the purpose of paying the costs of the project

authorized in subsection A of this section, the Authority is

authorized to borrow monies on the credit of the income and revenues

to be derived from such project and, in anticipation of the

collection of such income and revenues, to issue negotiable or

competitive bonds not to exceed the sum of Eight Million Five

Hundred Thousand Dollars ($8,500,000.00) as may be necessary for

such purpose as determined by the Authority. The Oklahoma School of

Science and Mathematics may not be moved from the building or

buildings constructed pursuant to subsection A of this section until

all such indebtedness is retired, and shall be required to lease the

building or buildings so constructed subject to receiving an annual

appropriation for that purpose. It is the intent of the Legislature

to appropriate to the Oklahoma School of Science and Mathematics

sufficient monies to make lease payments to the Authority for

purposes of retiring the debt created pursuant to this section.

C. The bonds provided for in subsection B of this section shall

not be issued until such time as the Board of Trustees of the

Oklahoma School of Science and Mathematics has met the matching

requirement as provided for in subsection G of this section or until

a bank that is chartered in this state notifies the Authority, the

Governor, the Speaker of the House of Representatives and the

President Pro Tempore of the Senate that there exists an irrevocable

restricted letter of credit for outstanding pledges or cash on

deposit or a combination of both in the amount of Eight Million Five

Hundred Thousand Dollars ($8,500,000.00) for the purpose specified

Oklahoma Statutes - Title 73. State Capital and Capitol Building Page 54

in subsection A of this section. Such notification must occur no

later than July 1, 2000. In the alternative, the Authority may

issue such bonds in series of no less than One Million Dollars

($1,000,000.00) each. In order to issue the first series of bonds,

a bank, as described above, shall certify to the Authority and the

above-referenced officers that there exist irrevocable letters of

credit for outstanding pledges or cash on deposit or a combination

of both in an amount equal to the amount of the first series. In

order to issue any subsequent series of bonds, a bank, as described

above, shall certify to the Authority and the above-referenced

officers that there exist irrevocable letters of credit for

outstanding pledges or cash on deposit or a combination of both in

amounts equal to the amount of each subsequent series. Any

irrevocable letter of credit required by this subsection shall be

issued by a bank chartered in this state and insured by the Federal

Deposit Insurance Corporation to the maximum limit available.

D. The proceeds of any bonds issued pursuant to this section

and any other monies expended by the Board of Trustees for

construction or improvements shall be expended for facilities, which

shall include design fees for each such project. The first phase of

any campus construction or improvements shall be limited to student

housing, a dining facility, library, physical education and student

activity facilities, and security needs including but not limited to

fencing.

E. All interest earned on any reserve funds created by such

bonds held by the State Treasurer, as collected, shall be paid into

the General Revenue Fund.

F. Insofar as they are not in conflict with the provisions of

this section, the provisions of Section 151 et seq. of Title 73 of

the Oklahoma Statutes shall apply to this section.

G. Except as otherwise provided in this subsection, any

private, public or nonstate monies pledged or deposited in

accordance with this section for the purpose of construction of the

campus of the Oklahoma School of Science and Mathematics shall be

matched not to exceed Eight Million Five Hundred Thousand Dollars

($8,500,000.00) by the state as follows:

State Nonstate Year of Contribution

60% 40% July 1, 1993 - June 30, 1995

50% 50% July 1, 1995 - June 30, 1998

50% 50% July 1, 1998 – June 30, 2000

No federal funds shall be used for matching purposes pursuant to

this subsection.
Okla. Stat. tit. 73, § 73-168.7 — OK Code / Title 73 / Section 73-168.7
Acquisition of property for Bureau of Investigation
Status: in_force

A. The Oklahoma Capitol Improvement Authority is authorized to

acquire the real property located at 6600 North Harvey, Building No.

6, Oklahoma City, Oklahoma County, Oklahoma, together with

improvements located thereon, or other suitable property in Oklahoma

City, Oklahoma, for purposes of providing office space to the

Oklahoma State Bureau of Investigation for headquarters and central

Oklahoma operations. The Authority may hold title to the real

property and improvements until such time as any obligations issued

for this purpose are retired or defeased and may lease the real

property and improvements to the Oklahoma State Bureau of

Investigation. Upon final redemption or defeasance of the

obligations created pursuant to this section, title to the real

property and improvements shall be transferred from the Oklahoma

Capitol Improvement Authority, to the Oklahoma State Bureau of

Investigation.

B. For the purpose of paying the costs for acquisition of the

real property and improvements authorized in subsection A of this

section, and for the purpose authorized in subsection C of 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

such real property and improvements and, in anticipation of the

collection of such income and revenues, to issue negotiable

obligations in an amount not to exceed Five Million Dollars

($5,000,000.00). It is the intent of the Legislature to appropriate

to the Oklahoma State Bureau of Investigation sufficient monies to

make rental payments for the purposes of retiring the obligations

created pursuant to this section. The costs for acquisition of the

real property and improvements authorized in subsection A of this

section shall not exceed Four Million Dollars ($4,000,000.00) if the

property located at 6600 N. Harvey, Building No. 6 in Oklahoma City,

Oklahoma, is acquired or Five Million Dollars ($5,000,000.00) if

other suitable property is acquired. The costs for acquisition of

the real property and improvements authorized in subsection A of

this section shall not exceed the fair market value of the property

as determined by the Office of Management and Enterprise Services.

In determining the fair market value of such property the Office of

Management and Enterprise Services may consider factors such as

relocation costs. The Office of Management and Enterprise Services

is authorized to conduct an appraisal of any property which may be

acquired pursuant to this section or to contract with others for

such appraisal or appraisals as may be necessary. In the event the

Authority leases any part of the real property acquired pursuant to

subsection A of this section to any entity other than the Bureau,

the Authority shall require such lease to comply with such security

restrictions as may be requested by the Bureau.

Oklahoma Statutes - Title 73. State Capital and Capitol Building Page 60

C. To the extent funds are available from the proceeds of the

borrowing authorized by subsection B of this section, the Oklahoma

Capitol Improvement Authority shall provide for the payment of

professional fees and associated costs approved by the Oklahoma

State Bureau of Investigation. The Bureau shall reimburse the

Office of Management and Enterprise Services for all costs incurred

by the Department in determining the fair market value of any

property pursuant to this section.

D. The Authority may issue obligations in one or more series

and in conjunction with other issues of the Authority. The

Authority is authorized to hire bond counsel, financial consultants,

and such other professionals as it may deem necessary to provide for

the efficient sale of the obligations and may utilize a portion of

the proceeds of any borrowing to create such reserves as may be

deemed necessary and to pay costs associated with the issuance and

administration of such obligations.

E. The obligations authorized under this section may be sold at

either competitive or negotiated sale, as determined by the

Authority, and in such form and at such prices as may be authorized

by the Authority. The Authority may enter into agreements with such

credit enhancers and liquidity providers as may be determined

necessary to efficiently market the obligations. The obligations

may mature and have such provisions for redemption as shall be

determined by the Authority, but in no event shall the final

maturity of such obligations occur later than thirty (30) years from

the first principal maturity date.

F. Any interest earnings on funds or accounts created for the

purposes of this section may be utilized as partial payment of the

annual debt service or for the purposes directed by the Authority.

G. The obligations issued under this section, the transfer

thereof and the interest earned on such obligations, including any

profit derived from the sale thereof, shall not be subject to

taxation of any kind by the State of Oklahoma, or by any county,

municipality or political subdivision therein.

H. The Authority may direct the investment of all monies in any

funds or accounts created in connection with the offering of the

obligations authorized under this section. Such investments shall

be made in a manner consistent with the investment guidelines of the

State Treasurer. The Authority may place additional restrictions on

the investment of such monies if necessary to enhance the

marketability of the obligations.
Okla. Stat. tit. 73, § 73-401 — OK Code / Title 73 / Section 73-401
Financing authority for State Capitol Arch
Status: in_force

A. The Oklahoma Capitol Improvement Authority shall allocate

the sum of Four Million Three Hundred Thousand Dollars

($4,300,000.00) from the Legacy Capital Financing Fund for purposes

of the design and construction of the State Capitol Arch, the

Oklahoma Statutes - Title 73. State Capital and Capitol Building Page 164

purpose of which is to honor and memorialize the services performed

by the Oklahoma National Guard.

B. The State Capitol Arch shall be constructed upon the

following described parcel of real property:

A tract of land lying in the Northeast Quarter (NE/4) and the

Northwest Quarter (NW/4) of Section Twenty-seven (27), Township

Twelve (12) North, Range Three (3) West of the Indian Meridian,

Oklahoma County, Oklahoma, being more particularly described as

follows: COMMENCING at the Northwest corner of the NE/4 of said

Section 27; thence S00°07'01"E along the West line of said NE/4 a

distance of 1436.71 feet to the POINT OF BEGINNING; thence

N89°50'42"E a distance of 123.31 feet; thence S04°59'53"W a distance

of 309.96 feet; thence S89°50'42"W a distance of 194.19 feet; thence

N05°20'12"W a distance of 309.98 feet; thence N89°50'42"E a distance

of 126.71 feet to the POINT OF BEGINNING. Containing 68,567.88

Square Feet or 1.574 Acres, more or less.

C. The State Capitol Preservation Commission shall enter into

contract with such person, persons, or lawfully recognized entities

as may be required in order to construct the State Capitol Arch

according to preliminary design documents as prepared by the

Architect of the State Capitol.

D. The provisions of Section 187B of Title 73 of the Oklahoma

Statutes shall be applicable to the project.
Okla. Stat. tit. 73, § 73-168.8 — OK Code / Title 73 / Section 73-168.8
Purchase of property for laboratory and investigative
Status: in_force

services buildings for State Bureau of Investigation.

Oklahoma Statutes - Title 73. State Capital and Capitol Building Page 61

A. The Oklahoma Capitol Improvement Authority is authorized to

acquire real property located in Durant, Bryan County, Oklahoma, in

McAlester, Pittsburg County, Oklahoma, in Lawton, Comanche County,

Oklahoma, and in Oklahoma County, Oklahoma, together with

improvements located thereon, for purposes of providing space to the

Oklahoma State Bureau of Investigation for laboratory or

investigative office services or both laboratory and investigative

office services. The Authority may hold title to the real and

personal property, including equipment, furnishings, and

improvements until such time as any obligations issued for this

purpose are retired or defeased and may lease the real and personal

property, including equipment, furnishings, and improvements to the

Oklahoma State Bureau of Investigation. Upon final redemption or

defeasance of the obligations created pursuant to this section,

title to the real and personal property, including equipment,

furnishings, and improvements shall be transferred from the Oklahoma

Capitol Improvement Authority to the Oklahoma State Bureau of

Investigation.

B. For the purpose of paying the costs for acquisition of the

real and personal property, including equipment, furnishings, and

improvements authorized in subsection A of this section and for the

purpose authorized in subsection C of 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 such real and personal

property, including equipment, furnishings, and improvements and, in

anticipation of the collection of such income and revenues, to issue

negotiable obligations in an amount necessary to generate net

proceeds of Twenty-eight Million Three Hundred Thousand Dollars

($28,300,000.00). It is the intent of the Legislature to

appropriate to the Oklahoma State Bureau of Investigation sufficient

monies to make rental payments and to authorize the use of monies

accruing to the credit of the Forensic Science Improvement Revolving

Fund established in Section 150.35 of Title 74 of the Oklahoma

Statutes for the purposes of retiring the obligations created

pursuant to this section. The costs for acquisition of the real and

personal property, including equipment, furnishings, and

improvements authorized in subsection A of this section shall not

exceed Five Hundred Thousand Dollars ($500,000.00) for property

located in Durant, Oklahoma, Five Hundred Thousand Dollars

($500,000.00) for property located in McAlester, Oklahoma, Five

Hundred Thousand Dollars ($500,000.00) for property located in

Lawton, Oklahoma, and Twenty-six Million Three Hundred Thousand

Dollars ($26,300,000.00) for property located in Oklahoma County.

The costs for acquisition of the real and personal property,

including equipment, furnishings, and improvements authorized in

subsection A of this section shall not exceed the fair market value

of the property as determined by the Office of Management and

Oklahoma Statutes - Title 73. State Capital and Capitol Building Page 62

Enterprise Services. In determining the fair market value of such

property, the Office of Management and Enterprise Services may

consider factors such as relocation costs. The Office of Management

and Enterprise Services is authorized to conduct an appraisal of any

property which may be acquired pursuant to this section or to

contract with others for such appraisal or appraisals as may be

necessary. In the event the Authority leases any part of the real

and personal property acquired pursuant to subsection A of this

section to any entity other than the Bureau, the Authority shall

require such lease to comply with such security restrictions as may

be requested by the Bureau.

C. To the extent funds are available from the proceeds of the

borrowing authorized by subsection B of this section, the Oklahoma

Capitol Improvement Authority shall provide for the payment of

professional fees and associated costs approved by the Oklahoma

State Bureau of Investigation. The Bureau shall reimburse the

Office of Management and Enterprise Services for all costs incurred

by the Department in determining the fair market value of any

property pursuant to this section.

D. The Authority may issue obligations in one or more series

and in conjunction with other issues of the Authority. The

Authority is authorized to hire bond counsel, financial consultants,

and such other professionals as it may deem necessary to provide for

the efficient sale of the obligations and may utilize a portion of

the proceeds of any borrowing to create such reserves as may be

deemed necessary and to pay costs associated with the issuance and

administration of such obligations.

E. The obligations authorized under this section may be sold at

either competitive or negotiated sale, as determined by the

Authority, and in such form and at such prices as may be authorized

by the Authority. The Authority may enter into agreements with such

credit enhancers and liquidity providers as may be determined

necessary to efficiently market the obligations. The obligations

may mature and have such provisions for redemption as shall be

determined by the Authority, but in no event shall the final

maturity of such obligations occur later than thirty (30) years from

the first principal maturity date.

F. Any interest earnings on funds or accounts created for the

purposes of this section may be utilized as partial payment of the

annual debt service or for the purposes directed by the Authority.

Any interest earnings on funds or accounts created for the purposes

of this section may be utilized for the purchase of personal

property, including equipment, furnishings and improvements to real

property.

G. The obligations issued under this section, the transfer

thereof and the interest earned on such obligations, including any

profit derived from the sale thereof, shall not be subject to

Oklahoma Statutes - Title 73. State Capital and Capitol Building Page 63

taxation of any kind by the State of Oklahoma, or by any county,

municipality or political subdivision therein.

H. The Authority may direct the investment of all monies in any

funds or accounts created in connection with the offering of the

obligations authorized under this section. Such investments shall

be made in a manner consistent with the investment guidelines of the

State Treasurer. The Authority may place additional restrictions on

the investment of such monies if necessary to enhance the

marketability of the obligations.

I. The construction of new facilities or the acquisition of

existing properties pursuant to this section shall be exempt from

the Office of Management and Enterprise Services procedures for

leasing and space standards.
Okla. Stat. tit. 73, § 73-21 — OK Code / Title 73 / Section 73-21
Unlawful to deface
Status: in_force

It is hereby declared unlawful for any person or persons to

mutilate, deface, mar or in any other way to damage the walls or

other parts of the State Capitol Building.
Okla. Stat. tit. 73, § 73-350.1 — OK Code / Title 73 / Section 73-350.1
Financing authority for state highway and bridge assets – Fiscal years 2021 through 2028. . 152
Status: in_force

Oklahoma Statutes - Title 73. State Capital and Capitol Building Page 5– Fiscal years 2021 through 2028.

A. Subject to the limitations with respect to the authorized

date of issuance provided by this subsection, the Oklahoma Capitol

Improvement Authority is authorized to issue notes, bonds or other

evidences of obligation, and to execute federal loans with the

United States Department of Transportation pursuant to the

Transportation Infrastructure Finance and Innovation Act (codified

as 23 U.S.C., Sections 601-609), in an amount necessary to generate

net proceeds of Two Hundred Million Dollars ($200,000,000.00), no

earlier than July 1, 2021, after providing for costs of issuance,

credit enhancement, reserves and other associated expenses related

to the financing. The principal amount of any note, bond or other

Oklahoma Statutes - Title 73. State Capital and Capitol Building Page 152

evidence of obligation issued to the United States Department of

Transportation in connection with any federal loan authorized

hereunder may be increased following disbursement of loan proceeds

by the amount of interest that may be capitalized and added to

principal in accordance with the terms of the federal loan

agreement.

B. Net proceeds of the financing will be deposited into a

construction fund to provide for the financing of the acquisition of

real property, together with improvements located thereon, and

personal property, to construct, maintain and improve those state

highway and state bridge assets identified in the Oklahoma

Transportation Commission Construction Work Plan as represented in

the Appendix of this act, which is incorporated as if fully set out

herein.

C. The Transportation Commission or the Department of

Transportation shall use the proceeds identified in subsection B of

this section according to the priority of the enumerated projects as

they appear for the applicable federal fiscal year in the

Construction Work Plan described in subsection B of this section in

order to facilitate the completion of the enumerated projects,

giving consideration to the ability to match federal funding and

such other factors as the Transportation Commission or the

Department of Transportation shall deem fiscally prudent.

D. Earnings that result from the investment of the construction

fund may be used for the projects authorized in this section or for

other legal purposes approved by the Authority.

E. The Authority and the Transportation Commission or the

Department of Transportation are authorized to enter into such

agreements as may be necessary to authorize the Authority to hold

title to the real and personal property and improvements until such

time as any obligations issued for the purpose set forth in

subsection B of this section are retired or defeased and the

Authority may lease the real property and improvements to the

Transportation Commission or the Department of Transportation for

the purposes authorized by this section. Upon final redemption or

defeasance of the obligations created pursuant to this section,

title to the real and personal property and improvements shall be

transferred from the Oklahoma Capitol Improvement Authority to the

Transportation Commission or the Department of Transportation.

F. For the purpose of paying the costs for acquisition and

construction of the real property and improvements and personal

property and making the repairs, refurbishments and improvements to

real and personal property, and providing funding for the projects

authorized in this section, and for the purpose authorized in

subsection H of 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 such real and personal property and improvements

Oklahoma Statutes - Title 73. State Capital and Capitol Building Page 153

and, in anticipation of the collection of such income and revenues,

to issue negotiable obligations in one or more series.

G. It is the intent of the Legislature to appropriate to the

Department of Transportation sufficient monies to make rental

payments for the purposes of retiring the obligations created

pursuant to this section.

H. To the extent funds are available from the proceeds of the

borrowing authorized by subsection A of this section, the Oklahoma

Capitol Improvement Authority shall provide for the payment of

professional fees and associated costs related to the projects

authorized in this section.

I. The Authority may issue obligations in one or more series

and in conjunction with other issues of the Authority. The

Authority is authorized to hire bond counsel, financial consultants

and such other professionals as it may deem necessary to provide for

the efficient sale of the obligations or the issuance of obligations

to the United States Department of Transportation in connection with

federal loans, as described in subsection A of this section, and may

utilize a portion of the proceeds of any borrowing to create such

reserves as may be deemed necessary and to pay costs associated with

the issuance and administration of such obligations.

J. The bond indenture or other instrument pursuant to which the

Oklahoma Capitol Improvement Authority becomes obligated for the

repayment of principal and interest of the proceeds from the sale of

obligations or the execution of a loan with the United States

Department of Transportation authorized in subsection A of this

section shall provide that all obligations are to be repaid from the

source of revenue specified in this section. Such bond indenture or

other instrument may provide for the pledge of such revenue and the

associated funds and accounts established thereunder as security for

the payment of such obligations.

K. The bonds or other obligations issued pursuant to this

section shall not at any time be deemed to constitute a debt of the

state or of any political subdivision thereof or a pledge of the

faith and credit of the state or of any such political subdivision.

L. Such bonds or other obligations shall contain on the face

thereof a statement that neither the faith and credit nor the taxing

power of the state or any political subdivision thereof is pledged,

or may hereafter be pledged, to the payment of the principal of or

the interest on such bonds or other obligations.

M. The obligations authorized under this section may be sold at

either competitive, negotiated sale, or may be directly placed with

the United States Department of Transportation as determined by the

Authority, and in such form and at such prices as may be authorized

by the Authority. The Authority may enter into agreements with such

credit enhancers and liquidity providers as may be determined

necessary to efficiently market the obligations. The obligations

Oklahoma Statutes - Title 73. State Capital and Capitol Building Page 154

may mature and have such provisions for redemption as shall be

determined by the Authority, but in no event shall the final

maturity of such obligations occur later than thirty (30) years from

the first principal maturity date.

N. Any interest earnings on funds or accounts created for the

purposes of this section may be utilized as partial payment of the

annual debt service or for the purposes directed by the Authority.

O. The obligations issued under this section, the transfer

thereof and the interest earned on such obligations, including any

profit derived from the sale thereof, shall not be subject to

taxation of any kind by the State of Oklahoma, or by any county,

municipality or political subdivision therein.

P. Obligations authorized under this section shall have an

initial execution no later than five (5) years from the effective

date of this act. If no obligations have been issued by the end of

such five-year period, the authorization provided by this section

shall be null and void. Provided that, an issuance of a portion of

the obligations authorized in subsection A of this section during

such five-year period shall satisfy the issuance requirement of this

subsection.

Q. The Authority may direct the investment of all monies in any

funds or accounts created in connection with the offering of the

obligations authorized under this section. Such investments shall

be made in a manner consistent with the investment guidelines of the

State Treasurer. The Authority may place additional restrictions on

the investment of such monies, if necessary, to enhance the

marketability of the obligations.

R. Insofar as they are not in conflict with the provisions of

this section, the provisions of Section 151 et seq. of Title 73 of

the Oklahoma Statutes shall apply to this section. It is the intent

of the Legislature that the Oklahoma Capitol Improvement Authority

shall have the same powers to require the Oklahoma Department of

Transportation to use and occupy the capital improvements and real

property financed by the Oklahoma Capitol Improvement Authority, and

to pay rent for such use and occupancy, as the Oklahoma Capitol

Improvement Authority has under Sections 161(3) and 163 of Title 73

of the Oklahoma Statutes with respect to buildings.

S. The Oklahoma Capitol Improvement Authority may initiate

proceedings for purposes of validating the obligations authorized

pursuant to the provisions of this section according to the

provisions of Section 14.1 of Title 20 of the Oklahoma Statutes not

later than one hundred twenty (120) days after the effective date of

this act.
Okla. Stat. tit. 73, § 73-171 — OK Code / Title 73 / Section 73-171
Attorney General - Duty
Status: in_force

The Attorney General shall represent the Oklahoma Capitol

Improvement Authority in the execution of the provisions of this

act, and the Authority may acquire services of bond attorneys.
Okla. Stat. tit. 73, § 73-350 — OK Code / Title 73 / Section 73-350
State highway and bridge assets – Financing authority for
Status: in_force

construction, maintenance and improvements – Fiscal years 2020

through 2027.

A. Subject to the limitations with respect to the authorized

date of issuance provided by this subsection, the Oklahoma Capitol

Improvement Authority is authorized to issue notes, bonds, other

evidences of obligation, or execute federal loans, in an amount

necessary to generate net proceeds of Two Hundred Million Dollars

($200,000,000.00), no earlier than July 1, 2020, after providing for

costs of issuance, credit enhancement, reserves and other associated

expenses related to the financing.

B. Net proceeds of the financing will be deposited into a

construction fund to provide for the financing of acquisition of

real property, together with improvements located thereon, and

personal property, to construct, maintain and improve those state

highway and state bridge assets identified in the Oklahoma

Transportation Commission Construction Work Plan as represented in

the Appendix of this act, which is incorporated as if fully set out

herein.

C. The Transportation Commission or the Department of

Transportation shall use the proceeds identified in subsection B of

this section according to the priority of the enumerated project as

it appears for the applicable federal fiscal year in the

Construction Work Plan described in subsection B of this section in

order to facilitate the completion of the enumerated projects,

giving consideration to the ability to match federal funding and

such other factors as the Transportation Commission or the

Department of Transportation shall deem fiscally prudent.

D. Earnings that result from the investment of the construction

fund may be used for the projects authorized in this section or for

other legal purposes approved by the Authority.

E. The Authority, the Transportation Commission and the

Department of Transportation are authorized to enter into such

agreements as may be necessary to authorize the Authority to hold

title to the real and personal property and improvements until such

time as any obligations issued for the purpose set forth in

subsection B of this section are retired or defeased and the

Authority may lease the real property and improvements to the

Transportation Commission or the Department of Transportation for

the purposes authorized by this section. Upon final redemption or

defeasance of the obligations created pursuant to this section,

title to the real and personal property and improvements shall be

transferred from the Oklahoma Capitol Improvement Authority to the

Transportation Commission or the Department of Transportation.

Oklahoma Statutes - Title 73. State Capital and Capitol Building Page 150

F. For the purpose of paying the costs for acquisition and

construction of the real property and improvements and personal

property and making the repairs, refurbishments and improvements to

real and personal property, and providing funding for the projects

authorized in this section, and for the purpose authorized in

subsection H of 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 such real and personal property and improvements

and, in anticipation of the collection of such income and revenues,

to issue negotiable obligations in one or more series.

G. It is the intent of the Legislature to appropriate to the

Department of Transportation sufficient monies to make rental

payments for the purposes of retiring the obligations created

pursuant to this section.

H. To the extent funds are available from the proceeds of the

borrowing authorized by subsection A of this section, the Oklahoma

Capitol Improvement Authority shall provide for the payment of

professional fees and associated costs related to the projects

authorized in this section.

I. The Authority may issue obligations in one or more series

and in conjunction with other issues of the Authority. The

Authority is authorized to hire bond counsel, financial consultants

and such other professionals as it may deem necessary to provide for

the efficient sale of the obligations or execution of a loan with an

agency of the federal government and may utilize a portion of the

proceeds of any borrowing to create such reserves as may be deemed

necessary and to pay costs associated with the issuance and

administration of such obligations.

J. The bond indenture or other instrument pursuant to which the

Oklahoma Capitol Improvement Authority becomes obligated for the

repayment of principal and interest of the proceeds from the sale of

obligations or execution of a loan with an agency of the federal

government authorized in subsection A of this section shall provide

that all obligations are to be repaid from the source of revenue

specified in this section.

K. The bonds or other obligations issued pursuant to this

section shall not at any time be deemed to constitute a debt of the

state or of any political subdivision thereof or a pledge of the

faith and credit of the state or of any such political subdivision.

L. Such bonds or other obligations shall contain on the face

thereof a statement that neither the faith and credit nor the taxing

power of the state or any political subdivision thereof is pledged,

or may hereafter be pledged, to the payment of the principal of or

the interest on such bonds.

M. The obligations authorized under this section may be sold at

either competitive, negotiated sale, or may be directly placed with

an agency of the federal government as determined by the Authority,

Oklahoma Statutes - Title 73. State Capital and Capitol Building Page 151

and in such form and at such prices as may be authorized by the

Authority. The Authority may enter into agreements with such credit

enhancers and liquidity providers as may be determined necessary to

efficiently market the obligations. The obligations may mature and

have such provisions for redemption as shall be determined by the

Authority, but in no event shall the final maturity of such

obligations occur later than thirty (30) years from the first

principal maturity date.

N. Any interest earnings on funds or accounts created for the

purposes of this section may be utilized as partial payment of the

annual debt service or for the purposes directed by the Authority.

O. The obligations issued under this section, the transfer

thereof and the interest earned on such obligations, including any

profit derived from the sale thereof, shall not be subject to

taxation of any kind by the State of Oklahoma, or by any county,

municipality or political subdivision therein.

P. The Authority may direct the investment of all monies in any

funds or accounts created in connection with the offering of the

obligations authorized under this section. Such investments shall

be made in a manner consistent with the investment guidelines of the

State Treasurer. The Authority may place additional restrictions on

the investment of such monies if necessary to enhance the

marketability of the obligations.

Q. Insofar as they are not in conflict with the provisions of

this section, the provisions of Section 151 et seq. of Title 73 of

the Oklahoma Statutes shall apply to this section.

R. The Oklahoma Capitol Improvement Authority may initiate

proceedings for purposes of validating the obligations authorized

pursuant to the provisions of this section according to the

provisions of Section 14.1 of Title 20 of the Oklahoma Statutes not

later than one hundred twenty (120) days after the effective date of

this act.
Okla. Stat. tit. 73, § 73-301.1 — OK Code / Title 73 / Section 73-301.1
Sale of real property associated with the Lincoln
Status: in_force

Boulevard Renaissance Project.

The Oklahoma Capitol Improvement Authority is hereby authorized

to sell parcels of real property associated with the Lincoln

Boulevard Renaissance Project in Oklahoma City, whether acquired

from the proceeds of bonds issued pursuant to the provisions of

paragraph 4 of subsection A of Section 301 of this title or from

other sources; provided:

1. The Director of the Office of Management and Enterprise

Services, with advice from the Construction and Properties Division

of the Office, determines the parcel or parcels of land to be not

useful for construction of a state office building because of lot

size, location or other applicable factors;

2. The sale of the parcel or parcels is approved by the

Oklahoma Capitol Improvement Authority;

3. Restrictions are placed on the use of any such parcel sold

to assure it will not conflict with or be detrimental to the

development of the remainder of the Lincoln Boulevard Renaissance

Project;

4. The parcel or parcels are sold in compliance with procedures

for sale of state land set forth in Sections 327 and 327.1 of Title

61 of the Oklahoma Statutes, or the parcels may be transferred for

the purpose of further development to the Commissioners of the Land

Office for no less than the appraised value and no less than the

amount required to fully satisfy the proportionate amount of

outstanding bonds on the parcels to be transferred; and

5. In the opinion of the State Bond Advisor, the sale of such

land will not adversely affect the tax-exempt status of the Oklahoma

Capitol Improvement Authority State Facilities Revenue Bonds, Series

1999A or any other bond issue, the proceeds of which were used to

purchase or acquire such land.
Okla. Stat. tit. 73, § 73-99.13 — OK Code / Title 73 / Section 73-99.13
Program administration – Grant applications – Award
Status: in_force

considerations – Rules.

A. The Oklahoma Capitol Complex and Centennial Commemoration

Commission shall administer the Oklahoma Historic Capitols

Preservation Program. The Commission shall coordinate its

activities with the Oklahoma Historic Preservation Officer at the

Oklahoma Historical Society for those rehabilitation or preservation

projects involving historic capitol buildings.

B. All entities that have jurisdiction over an historic capitol

building may apply to the Commission for a grant for an historic

capitol building project. The application for a project must:

1. State the location of the historic capitol building;

2. State whether the historic capitol building is listed on the

National Register of Historic Places;

3. State the amount of monies or in-kind contributions that the

applicant promises to contribute to the project and the methods by

which they will be provided;

4. State in what capacity the historic capitol building is

currently functioning;

5. Include any plans, including but not limited to a master

preservation plan, that the applicant may have for the project; and

6. Include any other information that the Commission by rule

may require.

C. The Commission may award a grant to an applicant that has

jurisdiction over a historic capitol building for the purpose of

preserving or rehabilitating the historic capitol building, if the

application meets the standards of the program. In considering

Oklahoma Statutes - Title 73. State Capital and Capitol Building Page 32

whether to award a grant, the Commission shall consider the factors

listed in this section and any other factors that the Commission may

adopt by rule. In considering whether to award a grant, the

Commission shall consider the following factors:

1. Historic capitol buildings which still function as

governmental buildings;

2. The cost to preserve or rehabilitate the historic capitol

building; and

3. Other factors that the Commission may by rule adopt.

D. The Commission, by rule, may set a limit on the grant amount

for a project. These amounts may be expressed as a dollar amount or

as a percentage of the total amount appropriated for implementing

the program during a fiscal year.

E. The Commission shall adopt rules regarding the application

and grant process and the way in which the Commission will consider

the contribution of an applicant to project costs pursuant to this

section.
Okla. Stat. tit. 73, § 73-211 — OK Code / Title 73 / Section 73-211
Marker
Status: in_force

The Office of Public Affairs shall cause a suitable marker to be

placed on the new State Library Building bearing the name "Allen

Wright Memorial Library Building".
Okla. Stat. tit. 73, § 73-187A-4 — OK Code / Title 73 / Section 73-187A-4
Utilization of LCF funds for the Department of Public
Status: in_force

Safety.

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

Enrolled House Bill No. 1002 of the 1st Extraordinary Session of the

59th Oklahoma Legislature, in the amount of:

1. Twenty Million Dollars ($20,000,000.00) for the benefit of

the Department of Public Safety to create an Oklahoma Wireless

Information Network (OKWIN);

2. Fifty-nine Million Five Hundred Sixty-four Thousand Four

Hundred Nineteen Dollars ($59,564,419.00) for the benefit of the

Department of Public Safety for the construction of a centralized

training center and related facilities; and

3. Eight Million Dollars ($8,000,000.00) for the benefit of the

Department of Public Safety for facility upgrades, repair,

expansion, and replacement of Oklahoma Highway Patrol facilities.

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.
Okla. Stat. tit. 73, § 73-153-A — OK Code / Title 73 / Section 73-153-A
Buildings for Department of Public Safety - Location -
Status: in_force

Financing.

(a) The Oklahoma Capitol Improvement Authority is hereby

authorized to erect, operate and maintain a building or buildings

for the use of the State Department of Public Safety, the place of

erection to be upon the state-owned land at Northeast 36th Street

and Eastern Avenue in Oklahoma City.

(b) For the purpose of paying the costs of the projects

authorized in subsection (a) above, the Authority is hereby

Oklahoma Statutes - Title 73. State Capital and Capitol Building Page 39

authorized to borrow money on the credit of the income and revenues

to be derived from such projects and, in anticipation of the

collection of such income and revenues, to issue negotiable bonds

not to exceed the sum of One Million Three Hundred Thousand Dollars

($1,300,000.00) as may, in the opinion of the Authority, be

necessary for such purposes, and is authorized to provide for the

payment of such bonds and the rights of the holders thereof, as

provided in 73 O.S.1961, Section 153, for other bonds issued by the

Authority; provided that the bonds issued hereunder, the income and

revenues from the projects herein authorized, and the expenses of

operating such projects shall not be commingled with the bonds

heretofore issued or the income and revenues of the buildings

heretofore built or the expenses of operating such existing

buildings.

(c) The provisions of 73 O.S.1961, Sections 151 through 166,

both inclusive, insofar as the same are not in conflict herewith,

shall apply to and govern this act, and the execution of the

authorization herein contained. All mandates, authorizations and

conditions therein prescribed shall be applicable to this act.

(d) It shall be the duty of the Attorney General to represent

the Authority in the execution of the provisions of this act, and

such Authority shall not employ or pay any sums of money to any

private attorney or attorneys.

(e) The State Treasurer is hereby authorized and directed to

purchase from the Authority, and the Authority is hereby authorized

and directed to sell to the State Treasurer, at private sale, at

par, all of the bonds issued under this act, as an investment of the

public monies in his possession. The State Treasurer shall not sell

or otherwise dispose of such bonds or any of them without the

express authority, direction and approval of the Legislature.
Okla. Stat. tit. 73, § 73-83.10 — OK Code / Title 73 / Section 73-83.10
Expenses
Status: in_force

Oklahoma Statutes - Title 73. State Capital and Capitol Building Page 25

All expenses of the Capitol-Medical Center Improvement and

Zoning Commission shall be paid from appropriations made to the

Office of Management and Enterprise Services.
Okla. Stat. tit. 73, § 73-168.2 — OK Code / Title 73 / Section 73-168.2
Rehabilitation facility for Department of Human
Status: in_force

Services.

A. The Oklahoma Capitol Improvement Authority is hereby

authorized to acquire land for and to erect, operate and maintain a

building or buildings for the use of the Department of Human

Services for the operation of a rehabilitation facility on a tract

of land containing approximately thirteen and two-tenths (13.2)

acres located in the Northwest (NW) Corner of Section Twenty-nine

(29) of Township Fourteen North (T14N) of Range Thirteen East (R13E)

of the Indian Meridian in Okmulgee County, Oklahoma.

B. For the purpose of paying the costs of the project

authorized in subsection A of this section, the Authority is hereby

authorized to borrow money on the credit of the income and revenues

to be derived from such project and, in anticipation of the

collection of such income and revenues, to issue negotiable bonds

not to exceed the sum of Five Million Dollars ($5,000,000.00) as may

be necessary for such purpose as determined by the Authority. The

Authority may retain such legal counsel as it deems necessary for

this purpose.

C. The interest rate on the bonds issued pursuant to this

section shall not exceed ten percent (10%) per annum.

Oklahoma Statutes - Title 73. State Capital and Capitol Building Page 53

D. Insofar as they are not in conflict with the provisions of

this section, the provisions of Sections 151 et seq. of Title 73 of

the Oklahoma Statutes shall apply to this section.
Okla. Stat. tit. 73, § 73-203 — OK Code / Title 73 / Section 73-203
Provision for proper recognition
Status: in_force

The Oklahoma Capitol Improvement Authority be hereby directed to

cause to be included in the construction plans of such buildings

proper and distinctive architectural design to reflect, with dignity

and pride, the immortal Oklahoman for whom each building is named,

and upon completion to cause to be included in the furnishings of

each building a suitable display or shrine as a reminder, to the

generations that follow, of the unselfish spirit of these men and

the honor and glory they have brought to Oklahoma by their high

ideals and unparalleled accomplishments.
Okla. Stat. tit. 73, § 73-177.1 — OK Code / Title 73 / Section 73-177.1
Buildings for the Oklahoma Department of Corrections
Status: in_force

A. The Oklahoma Capitol Improvement Authority is authorized to

acquire real property, together with improvements located thereon,

and personal property for the construction of:

1. A two hundred (200) bed medium security housing unit at the

Lexington Assessment and Reception Center;

2. A two hundred (200) bed medium security housing unit at the

Oklahoma State Reformatory; and

3. A two hundred (200) bed medium security housing unit at the

Joseph Harp Correctional Center.

B. The Authority may hold title to the real property and

improvements until such time as any obligations issued for this

purpose are retired or defeased and may lease the real property and

improvements to the Oklahoma Department of Corrections. Upon final

redemption or defeasance of the obligations created pursuant to this

section, title to the real property and improvements shall be

transferred from the Oklahoma Capitol Improvement Authority to the

Oklahoma Department of Corrections.

C. For the purpose of paying the costs for acquisition of the

real property and improvements and personal property authorized in

subsection A of this section, and for the purpose authorized in

subsection D of 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 such real property and improvements and, in

anticipation of the collection of such income and revenues, to issue

negotiable obligations in an amount not to exceed Twenty-one Million

Dollars ($21,000,000.00). An amount not to exceed Eighteen Million

Dollars ($18,000,000.00) of the total proceeds from the sale of such

obligations shall be expended for construction of the housing units

specified in subsection A of this section. The balance of the

proceeds may be used for the payment of issuance costs and the

establishment of a fund for reserves. It is the intent of the

Oklahoma Statutes - Title 73. State Capital and Capitol Building Page 70

Legislature to appropriate to the Oklahoma Department of Corrections

sufficient monies to make rental payments for the purposes of

retiring the obligations created pursuant to this section. The

Oklahoma Capitol Improvement Authority shall, as soon as practical

after issuance of the obligations authorized by this section, pay to

the Oklahoma Department of Corrections from proceeds of the issuance

an amount equal to the amount actually expended by the Oklahoma

Department of Corrections for construction of housing units pursuant

to the appropriation made by Section 3 of this act as of the date

upon which the payment is made by the Oklahoma Capitol Improvement

Authority.

D. To the extent funds are available from the proceeds of the

borrowing authorized by subsection C of this section, the Oklahoma

Capitol Improvement Authority shall provide for the payment of

professional fees and associated costs approved by the Oklahoma

Department of Corrections.

E. The Authority may issue obligations in one or more series

and in conjunction with other issues of the Authority. The

Authority is authorized to hire bond counsel, financial consultants,

and such other professionals as it may deem necessary to provide for

the efficient sale of the obligations and may utilize a portion of

the proceeds of any borrowing to create such reserves as may be

deemed necessary and to pay costs associated with the issuance and

administration of such obligations.

F. The obligations authorized under this section may be sold at

either competitive or negotiated sale, as determined by the

Authority, and in such form and at such prices as may be authorized

by the Authority. The Authority may enter into agreements with such

credit enhancers and liquidity providers as may be determined

necessary to efficiently market the obligations. The obligations

may mature and have such provisions for redemption as shall be

determined by the Authority, but in no event shall the final

maturity of such obligations occur later than twenty (20) years from

the first principal maturity date.

G. Any interest earnings on funds or accounts created for the

purposes of this section may be utilized as partial payment of the

annual debt service or for the purposes directed by the Authority.

H. The obligations issued under this section, the transfer

thereof and the interest earned on such obligations, including any

profit derived from the sale thereof, shall not be subject to

taxation of any kind by the State of Oklahoma, or by any county,

municipality or political subdivision therein.

I. The Authority may direct the investment of all monies in any

funds or accounts created in connection with the offering of the

obligations authorized under this section. Such investments shall

be made in a manner consistent with the investment guidelines of the

State Treasurer. The Authority may place additional restrictions on

Oklahoma Statutes - Title 73. State Capital and Capitol Building Page 71

the investment of such monies if necessary to enhance the

marketability of the obligations.
Okla. Stat. tit. 73, § 73-321 — OK Code / Title 73 / Section 73-321
Improvements to Samuel Layton Building - Funding
Status: in_force

A. The Oklahoma Capitol Improvement Authority is authorized to

construct improvements to real property and to provide funding for

repairs, refurbishments and improvements to real and personal

property and for funding for renovation, repair, remodeling and

furnishing the Samuel Layton Building, also known as the Power

Plant, and for construction, landscaping and improvements on state-

owned property located adjacent to such building for parking and

office space for the Office of the Attorney General including

Oklahoma Statutes - Title 73. State Capital and Capitol Building Page 125

necessary repairs and remediation to the tunnel connecting the

Samuel Layton Building to the State Capitol Building.

B. The Authority may hold title to the real and personal

property and improvements until such time as any obligations issued

for this purpose are retired or defeased and may lease the real

property and improvements to the Office of the Attorney General.

Upon final redemption or defeasance of the obligations created

pursuant to this section, title to the real and personal property

and improvements shall be transferred from the Oklahoma Capitol

Improvement Authority, to the Office of Management and Enterprise

Services.

C. For the purpose of paying the costs for acquisition and

construction of the real property and improvements and personal

property and making the repairs, refurbishments, and improvements to

real and personal property, and providing funding for the project

authorized in subsection A of this section, and for the purpose

authorized in subsection E of 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 such real and personal property

and improvements and, in anticipation of the collection of such

income and revenues, to issue negotiable obligations in a total

amount not to exceed Fifteen Million Six Hundred Thousand Dollars

($15,600,000.00) whether issued in one or more series. Provided,

the Authority shall not issue any obligations pursuant to this

section prior to January 1, 2002.

D. The Office of the Attorney General is authorized to lease

office space in the buildings authorized by this section and to use

funds available in the Attorney General's Evidence Fund to make

rental payments for such office space. In the event sufficient

funds are not available in the Attorney General's Evidence Fund to

make rental payments necessary to retire the obligations created

pursuant to this section, it is the intent of the Legislature to

appropriate sufficient funds to the Attorney General's Evidence Fund

for such purpose.

E. To the extent funds are available from the proceeds of the

borrowing authorized by subsection C of this section, the Oklahoma

Capitol Improvement Authority shall provide for the payment of

professional fees and associated costs related to the projects

authorized in subsection A of this section.

F. The Authority may issue obligations in one or more series

and in conjunction with other issues of the Authority. The

Authority is authorized to hire bond counsel, financial consultants,

and such other professionals as it may deem necessary to provide for

the efficient sale of the obligations and may utilize a portion of

the proceeds of any borrowing to create such reserves as may be

deemed necessary and to pay costs associated with the issuance and

administration of such obligations.

Oklahoma Statutes - Title 73. State Capital and Capitol Building Page 126

G. The obligations authorized under this section may be sold at

either competitive or negotiated sale, as determined by the

Authority, and in such form and at such prices as may be authorized

by the Authority. The Authority may enter into agreements with such

credit enhancers and liquidity providers as may be determined

necessary to efficiently market the obligations. The obligations

may mature and have such provisions for redemption as shall be

determined by the Authority, but in no event shall the final

maturity of such obligations occur later than twenty (20) years from

the first principal maturity date.

H. Any interest earnings on funds or accounts created for the

purposes of this section may be utilized as partial payment of the

annual debt service or for the purposes directed by the Authority.

I. The obligations issued under this section, the transfer

thereof and the interest earned on such obligations, including any

profit derived from the sale thereof, shall not be subject to

taxation of any kind by the State of Oklahoma, or by any county,

municipality or political subdivision therein.

J. The Authority may direct the investment of all monies in any

funds or accounts created in connection with the offering of the

obligations authorized under this section. Such investments shall

be made in a manner consistent with the investment guidelines of the

State Treasurer. The Authority may place additional restrictions on

the investment of such monies if necessary to enhance the

marketability of the obligations.

K. Insofar as they are not in conflict with the provisions of

this section, the provisions of Section 151 et seq. of this title

shall apply to this section.
Okla. Stat. tit. 73, § 73-360 — OK Code / Title 73 / Section 73-360
Financing authority for construction, repair and
Status: in_force

rehabilitation of state parks.

A. The Oklahoma Capitol Improvement Authority is hereby

authorized to acquire real property or interests therein, together

with improvements located thereon, and personal property and invest

capital into improvements for purposes of construction, repair and

rehabilitation of state parks.

The Authority may hold title to the real property and

improvements until such time as any obligations issued for this

purpose are retired or defeased and may lease the real property and

improvements to the Oklahoma Department of Tourism and Recreation.

Upon final redemption or defeasance of the obligations created

pursuant to this section, title to the real property and

improvements shall be transferred from the Authority to the Oklahoma

Department of Tourism and Recreation.

B. For the purpose of paying the costs for acquisition of the

real property and improvements and personal property authorized in

subsection A of this section, and for the purpose authorized in

subsection C of 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 such real property and improvements and, in

anticipation of collection of such income and revenues, issue

negotiable obligations in the amount sufficient to generate net

proceeds of Forty-eight Million Six Hundred Thousand Dollars

($48,600,000.00) after providing for costs of issuance, credit

enhancement, reserves and other associated expenses related to the

financing. The Authority is authorized to capitalize interest on

the obligations issued pursuant to the authority granted by this

section for a period not to exceed one (1) year from the date of

issuance. It is the intent of the Legislature to appropriate to the

Oklahoma Department of Tourism and Recreation sufficient monies to

make rental payments for the purposes of retiring the obligations

created pursuant to this section.

C. To the extent funds are available, the Authority shall

provide for the payment of professional fees and associated costs

approved by the Authority.

Oklahoma Statutes - Title 73. State Capital and Capitol Building Page 159

D. The Authority may issue obligations in one or more series

and in conjunction with other issues of the Authority. Provided,

the first net proceeds in the amount of Twenty Million Five Hundred

Twenty Thousand Dollars ($20,520,000.00) issued pursuant to this act

shall be utilized for purposes of construction, repair and

rehabilitation of state park facilities. Provided, net proceeds in

the amount of Three Million Dollars ($3,000,000.00) from the first

net proceeds shall be utilized for the purposes of construction,

repair and rehabilitation of the Quartz Mountain Arts and Conference

Center, the Quartz Mountain Lodge and the Quartz Mountain State

Park. The remaining net proceeds in the amount of Twenty-eight

Million Eighty Thousand Dollars ($28,080,000.00) issued pursuant to

this act shall be utilized for purposes of construction, repair and

rehabilitation of state park facilities. The Authority is

authorized to hire bond counsel, financial consultants and such

other professionals as it may deem necessary to provide for the

efficient sale of the obligations and may utilize a portion of the

proceeds of any borrowing to create such reserves as may be deemed

necessary and to pay costs associated with the issuance and

administration of such obligations.

E. The obligations authorized under this section may be sold at

either competitive or negotiated sale, as determined by the

Authority, and in such form and at such prices as may be authorized

by the Authority. The Authority may enter into agreements with such

credit enhancers and liquidity providers as may be determined

necessary to efficiently market the obligations. The obligations

may mature and have such provisions for redemption as shall be

determined by the Authority, but in no event shall the final

maturity of such obligations occur later than twenty (20) years from

the first principal maturity date.

F. Any interest earnings on funds or accounts created for the

purposes of this section may be utilized as partial payment of the

annual debt service or for the purposes directed by the Authority.

G. The obligations issued under this section, the transfer

thereof and the interest earned on such obligations, including any

profit derived from the sale thereof, shall not be subject to

taxation of any kind by this state, or by any county, municipality

or political subdivision therein.

H. The Authority may direct the investment of all monies in any

funds or accounts created in connection with the offering of the

obligations authorized under this section. Such investments shall

be made in a manner consistent with the investment guidelines of the

State Treasurer. The Authority may place additional restrictions on

the investment of such monies if necessary to enhance the

marketability of the obligations.
Okla. Stat. tit. 73, § 73-165 — OK Code / Title 73 / Section 73-165
Funds for payment of rent
Status: in_force

The agencies and departments occupying space in the building

shall pay rent from the funds provided by law for the administrative

expenses of such departments or agencies, or as may be otherwise

provided by law governing such departments or agencies or duly

authorized contracts between such departments or agencies and the

Authority and/or the federal government.
Okla. Stat. tit. 73, § 73-82.1 — OK Code / Title 73 / Section 73-82.1
Purpose of act
Status: in_force

It is the purpose of Sections 82.1 through 83.11 of this title

to provide a comprehensive plan for the orderly development of the

district surrounding the State Capitol and the Medical Center of the

University of Oklahoma under direct supervision of the state itself,

rather than by its governmental subdivisions; to promote the general

welfare of the state in respect of the State Capitol, other state

properties and the Medical Center of the University of Oklahoma, and

the surrounding area; and to promote the general welfare of the

several property owners of the area hereinafter described.
Okla. Stat. tit. 73, § 73-209 — OK Code / Title 73 / Section 73-209
Identification
Status: in_force

The Office of Management and Enterprise Services is hereby

directed to make provision for suitable plaque and to take other

appropriate procedures for identification of the name "Robert R.

Lester" in the construction and furnishing of the building referred

to in Section 208 of this title.
Okla. Stat. tit. 73, § 73-158.1 — OK Code / Title 73 / Section 73-158.1
Article X, § 29 certificate required for bonds – Prima
Status: in_force

facie evidence.

All bonds issued hereunder shall have on the backs thereof the

certificate required by Section 29 of Article X of the Constitution

of Oklahoma. Such bonds and any bonds or other obligations issued

by the Oklahoma Capitol Improvement Authority shall be submitted to

the Attorney General of Oklahoma for examination; and such bonds,

when having been examined and certified as legal obligations by the

Attorney General in accordance with such requirements as he or she

may make, shall be incontestable in any court in the State of

Oklahoma unless suit thereon shall be brought in a court having

jurisdiction thereof within thirty (30) days from the date of such

approval. Bonds so approved by the Attorney General shall be prima

facie valid and binding obligations according to their terms, and

the only defense which may be offered thereto in any suit instituted

Oklahoma Statutes - Title 73. State Capital and Capitol Building Page 45

after such thirty-day period shall have expired shall be forgery,

fraud or violation of the Constitution.
Okla. Stat. tit. 73, § 73-99.11 — OK Code / Title 73 / Section 73-99.11
Purpose of act
Status: in_force

The purpose of the Oklahoma Historic Capitols Preservation Act

is to preserve the former state and Native American capitols in

Oklahoma on the National Register of Historic Places as part of the

celebration of Oklahoma’s statehood centennial. These capitol

buildings, many of which still are used for governmental purposes,

represent a significant part of the growth and development of

Oklahoma and illustrate excellence in public building design and

construction in the state. The former state and Native American

capitols are worthy of preservation for these qualities, and their

appropriate rehabilitation will serve as a lasting symbol and highly

visible legacy of the centennial commemoration for future

generations.
Okla. Stat. tit. 73, § 73-83.11 — OK Code / Title 73 / Section 73-83.11
Corporate status and powers of Commission
Status: in_force

The Capitol-Medical Center Zoning and Improvement Commission

shall constitute a body corporate for purposes of instituting and

defending litigation to enforce its rules, regulations, decisions

and orders; and it may, in its name, institute or defend actions by

and on its own behalf, or in behalf of the owner or owners of any

property within said District, to enjoin any breach or violation

thereof. No bond shall be required of said Commission in any such

action for the issuance of any temporary or permanent order, or an

appeal. The Commission shall have the power to hire a Director and

professional staff, enter into contracts of any lawful nature, and

shall further have the power to do any and all acts necessary to the

effectuation of the purposes of this act.
Okla. Stat. tit. 73, § 73-168.6 — OK Code / Title 73 / Section 73-168.6
Construction and improvement of state highway system -
Status: in_force

Issuance of obligations.

A. The Oklahoma Capitol Improvement Authority is hereby

authorized to issue bonds or other negotiable instruments or

evidences of indebtedness in the principal amount sufficient to

generate Three Hundred Million Dollars ($300,000,000.00) in proceeds

available to fund the construction and improvement of the highway

system in this state as set forth in this act.

B. The proceeds from the sale of obligations authorized in

subsection A of this section shall only be used by the Authority to

fund the construction, improvement, maintenance, and repair of

roads, highways and bridges to be designed and constructed by the

Oklahoma Department of Transportation as designated in Section 3 of

this act or to fund other costs associated with the issuance of such

obligations.

C. The obligations issued pursuant to authority of subsection A

of this section shall be repaid in full within ten (10) years from

the date of issuance.

D. The obligations issued pursuant to authority of subsection A

of this section shall be retired by payments made to the Oklahoma

Capitol Improvement Authority from the Oklahoma Department of

Transportation. The Oklahoma Capitol Improvement Authority and the

Oklahoma Department of Transportation shall be authorized to enter

into leases and agreements with respect to the use of roads,

highways and bridges, as applicable, the construction, improvement,

maintenance, or repair of which is financed with any proceeds from

Oklahoma Statutes - Title 73. State Capital and Capitol Building Page 57

the issuance of obligations authorized in subsection A of this

section.

E. The Oklahoma Department of Transportation shall make

payments to the Oklahoma Capitol Improvement Authority for the use

of any roads, highways or bridges financed from any proceeds of the

obligations authorized in subsection A of this section pursuant to

the agreement. The Oklahoma Department of Transportation shall make

the payments from the State Highway Construction and Maintenance

Fund in the manner specified by the agreement and subject to

receiving an annual appropriation for that purpose. It is the

intent of the Legislature to appropriate to the Oklahoma Department

of Transportation State Transportation Fund sufficient monies to

make payments to the Authority for purposes of retiring the debt

created pursuant to this section.

F. The bond indenture or other instrument pursuant to which the

Oklahoma Capitol Improvement Authority becomes obligated for the

repayment of principal and interest of the proceeds from the sale of

obligations authorized in subsection A of this section shall provide

that all obligations are to be repaid from the source of revenue

specified in this section.

G. The Oklahoma Department of Transportation shall make

payments from the State Transportation Fund to pay obligations

incurred pursuant to agreements with the Oklahoma Capitol

Improvement Authority for the use of roads, highways and bridges the

construction, improvement, maintenance, or repair of which is

financed with any proceeds from the issuance of obligations

authorized pursuant to subsection A of this section. No payment

from the State Transportation Fund using the monies appropriated

pursuant to this act shall be made for any other purpose.

H. It is the intent of the Oklahoma Legislature to maintain the

funding level of the State Transportation Fund as required in order

for the Department of Transportation to fully pay any and all

obligations incurred by the Department of Transportation with

respect to agreements entered into by the Department of

Transportation and the Oklahoma Capitol Improvement Authority

pursuant to subsection D of this section.

I. The bonds or other obligations issued pursuant to this

section shall not at any time be deemed to constitute a debt of the

state or of any political subdivision thereof or a pledge of the

faith and credit of the state or of any such political subdivision.

J. Such bonds or other obligations shall contain on the face

thereof a statement that neither the faith and credit nor the taxing

power of the state or any political subdivision thereof is pledged,

or may hereafter be pledged, to the payment of the principal of or

the interest on such bonds.

K. To the extent funds are available from the proceeds of the

borrowing authorized by this section, the Oklahoma Capitol

Oklahoma Statutes - Title 73. State Capital and Capitol Building Page 58

Improvement Authority shall provide for the payment of professional

fees and associated costs approved by the Oklahoma Department of

Transportation. The Authority may issue obligations in one or more

series and in conjunction with other issues of the Authority. The

Authority is authorized to hire bond counsel, financial consultants,

and such other professionals as it may deem necessary to provide for

the efficient sale of the obligations and may utilize a portion of

the proceeds of any borrowing to create such reserves as may be

deemed necessary and to pay costs associated with the issuance and

administration of such obligations.

L. The obligations authorized under this section may be sold at

either competitive or negotiated sale, as determined by the

Authority, and in such form and at such prices as may be authorized

by the Authority. The Authority may enter into agreements with such

credit enhancers and liquidity providers as may be determined

necessary to efficiently market the obligations. The obligations

may mature and have such provisions for redemption as shall be

determined by the Authority, but in no event shall the final

maturity of such obligations occur later than ten (10) years from

the first principal maturity date.

M. Any interest earnings on funds or accounts created for the

purposes of this section may be utilized as partial payment of the

annual debt service or for the purposes directed by the Authority.

N. The obligations issued under this section, the transfer

thereof and the interest earned on such obligations, including any

profit derived from the sale thereof, shall not be subject to

taxation of any kind by the State of Oklahoma, or by any county,

municipality or political subdivision therein.

O. The Authority may direct the investment of all monies in any

funds or accounts created in connection with the offering of the

obligations authorized under this section. Such investments shall

be made in a manner consistent with the investment guidelines of the

State Treasurer. The Authority may place additional restrictions on

the investment of such monies if necessary to enhance the

marketability of the obligations.

P. The Oklahoma Capitol Improvement Authority is hereby

authorized to issue bonds or other negotiable instruments or

evidences of indebtedness in the principal amount sufficient to

generate One Hundred Fifty Million Dollars ($150,000,000.00) in

proceeds available to fund the construction and improvement to the

highway system in this state as set forth in this act and subject to

the approval and authorization as set forth in subsection F of

Section 1 of this act. If such bonds or other negotiable

instruments or evidences of indebtedness are authorized for

issuance, they shall be subject to the same terms and conditions as

set forth in this section.
Okla. Stat. tit. 73, § 73-96 — OK Code / Title 73 / Section 73-96
Regulation and enforcement
Status: reserved

Oklahoma Statutes - Title 73. State Capital and Capitol Building Page 28

The Director of the Office of Management and Enterprise Services

is hereby authorized to regulate parking of vehicles on the streets

in the vicinity of the State Capitol, the state office building, the

State Historical Building, the State Armory, and other public

buildings on the State Capitol grounds. Copies of such regulations,

including amendments thereto, shall be filed in the Office of the

Secretary of State and in the office of the city clerk of the City

of Oklahoma City, and copies thereof shall be transmitted to each

officer, board or commission having offices in said buildings. A

reasonable amount of parking space shall be reserved on the streets

immediately adjacent to each of said buildings for citizens, not

officers or employees of the state, having business to transact in

such buildings. Parking space on the streets and on the public

grounds may also be reserved for officers and employees. Such

regulations may provide for diagonal or parallel parking of

vehicles, the time limit for parking in spaces reserved, when such

regulations shall be applicable, the placing of appropriate signs

and other markings as to the availability of parking space, the

issuance of appropriate stickers identifying vehicles, reservation

of space for bus stops, and such other reasonable regulations as are

deemed necessary to an orderly system to prevent congestion of

traffic and the abuse of parking privileges on said streets. The

Attorney General shall assist the Director of the Office of

Management and Enterprise Services in the preparation of said

regulations. Such regulations shall be enforced by the Highway

Patrol Division of the Department of Public Safety and by the police

of the City of Oklahoma City or other peace officers. The authority

of the City of Oklahoma City to regulate parking on the streets in

the vicinity of the above referred to buildings is hereby withdrawn,

and the Director of the Office of Management and Enterprise Services

and the city manager of the City of Oklahoma City shall cooperate to

the extent necessary in specifically defining the boundary or

territorial limits of the respective jurisdictions in respect to the

subject matter of this section and Section 97 of this title.
Okla. Stat. tit. 73, § 73-343.1 — OK Code / Title 73 / Section 73-343.1
Financing authority for construction, repair and
Status: in_force

rehabilitation of high-hazard dams.

A. The Oklahoma Capitol Improvement Authority is hereby

authorized to acquire real property or interests therein, together

with improvements located thereon, and personal property and invest

capital into improvements for purposes of construction, repair and

rehabilitation of high-hazard dams through and with the assistance

of local conservation districts, all pursuant to the Conservation

District Act.

Oklahoma Statutes - Title 73. State Capital and Capitol Building Page 139

The Authority may hold title to the real property and

improvements until such time as any obligations issued for this

purpose are retired or defeased and may lease the real property and

improvements to the Oklahoma Conservation Commission. Upon final

redemption or defeasance of the obligations created pursuant to this

section, title to the real property and improvements shall be

transferred from the Authority to the Oklahoma Conservation

Commission.

B. For the purpose of paying the costs for acquisition of the

real property and improvements and personal property authorized in

subsection A of this section, and for the purpose authorized in

subsection C of 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 such real property and improvements and, in

anticipation of collection of such income and revenues, issue

negotiable obligations in the amount sufficient to generate net

proceeds of Seventeen Million Five Hundred Thousand Dollars

($17,500,000.00) after providing for costs of issuance, credit

enhancement, reserves and other associated expenses related to the

financing. The Authority is authorized to capitalize interest on

the obligations issued pursuant to the authority granted by this

section for a period not to exceed one (1) year from the date of

issuance. It is the intent of the Legislature to appropriate to the

Oklahoma Conservation Commission sufficient monies to make rental

payments for the purposes of retiring the obligations created

pursuant to this section.

C. To the extent funds are available, the Authority shall

provide for the payment of professional fees and associated costs

approved by the Authority.

D. The Authority may issue obligations in one or more series

and in conjunction with other issues of the Authority. The

Authority is authorized to hire bond counsel, financial consultants

and such other professionals as it may deem necessary to provide for

the efficient sale of the obligations and may utilize a portion of

the proceeds of any borrowing to create such reserves as may be

deemed necessary and to pay costs associated with the issuance and

administration of such obligations.

E. The obligations authorized under this section may be sold at

either competitive or negotiated sale, as determined by the

Authority, and in such form and at such prices as may be authorized

by the Authority. The Authority may enter into agreements with such

credit enhancers and liquidity providers as may be determined

necessary to efficiently market the obligations. The obligations

may mature and have such provisions for redemption as shall be

determined by the Authority, but in no event shall the final

maturity of such obligations occur later than twenty (20) years from

the first principal maturity date.

Oklahoma Statutes - Title 73. State Capital and Capitol Building Page 140

F. Any interest earnings on funds or accounts created for the

purposes of this section may be utilized as partial payment of the

annual debt service or for the purposes directed by the Authority.

G. The obligations issued under this section, the transfer

thereof and the interest earned on such obligations including any

profit derived from the sale thereof, shall not be subject to

taxation of any kind by the State of Oklahoma, or by any county,

municipality or political subdivision therein.

H. The Authority may direct the investment of all monies in any

funds or accounts created in connection with the offering of the

obligations authorized under this section. Such investments shall

be made in a manner consistent with the investment guidelines of the

State Treasurer. The Authority may place additional restrictions on

the investment of such monies if necessary to enhance the

marketability of the obligations.
Okla. Stat. tit. 73, § 73-336 — OK Code / Title 73 / Section 73-336
Zink Dam improvements - Dam construction and stream bank
Status: in_force

stabilization in Tulsa County - Acquisition of property - Funding.

A. The Oklahoma Capitol Improvement Authority (OCIA) is

authorized to acquire real property, together with improvements

located thereon, and personal property for purposes of construction

of Zink Dam improvements, stream bank stabilization and construction

of two additional low-water dams on the Arkansas River in Tulsa

County. The project will be coordinated with representatives of the

City of Tulsa, Tulsa County and surrounding communities, the Indian

Nations Council of Governments and the United States Army Corps of

Engineers. The said projects herein described are hereby determined

to be in the best interests of the State of Oklahoma and will

accomplish an important public purpose. The OCIA may acquire and

hold title to the real property and improvements, or any interest

therein, until such time as any obligations issued for this purpose

are retired or defeased and may lease the real property and

improvements to the River Parks Authority, a public trust in Tulsa

County. Upon final redemption or defeasance of the obligations

created pursuant to this section, title to the real property and

improvements shall be transferred from the Oklahoma Capitol

Improvement Authority to the River Parks Authority.

B. For the purpose of paying the costs for acquisition of the

real property and improvements and personal property authorized in

subsection A of this section, and for the purpose authorized in

subsection C of this section, the OCIA is hereby authorized to

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

from the leasing of such real property and improvements and, in

anticipation of the collection of such income and revenues, to issue

negotiable obligations, in one or more series, in an amount

sufficient to generate net proceeds of Twenty-five Million Dollars

($25,000,000.00) after providing for costs of issuance, credit

enhancement, reserves and other associated expenses related to the

financing. It is the intent of the Legislature to appropriate to

the Office of Management and Enterprise Services sufficient monies

to make rental payments for the purposes of retiring the obligations

created pursuant to this section.

C. To the extent funds are available from the proceeds of the

borrowing authorized by subsection B of this section, the OCIA shall

Oklahoma Statutes - Title 73. State Capital and Capitol Building Page 131

provide for the payment of professional fees and associated costs

approved by the OCIA.

D. The OCIA may issue obligations in one or more series and in

conjunction with other issues of the OCIA. The OCIA is authorized

to hire bond counsel, financial consultants, and such other

professionals as it may deem necessary to provide for the efficient

sale of the obligations and may utilize a portion of the proceeds of

any borrowing to create such reserves as may be deemed necessary and

to pay costs associated with the issuance and administration of such

obligations.

E. The obligations authorized under this section may be sold at

either competitive or negotiated sale, as determined by the OCIA,

and in such form and at such prices as may be authorized by the

OCIA. The OCIA may enter into agreements with such credit enhancers

and liquidity providers as may be determined necessary to

efficiently market the obligations. The obligations may mature and

have such provisions for redemption as shall be determined by the

OCIA, but in no event shall the final maturity of such obligations

occur later than fifteen (15) years from the first principal

maturity date.

F. Any interest earnings on funds or accounts created for the

purposes of this section may be utilized as partial payment of the

annual debt service or for the purposes directed by the OCIA.

G. The obligations issued under this section, the transfer

thereof and the interest earned on such obligations, including any

profit derived from the sale thereof, shall not be subject to

taxation of any kind by the State of Oklahoma, or by any county,

municipality or political subdivision therein.

H. The OCIA may direct the investment of all monies in any

funds or accounts created in connection with the offering of the

obligations authorized under this section. Such investments shall

be made in a manner consistent with the investment guidelines of the

State Treasurer. The OCIA may place additional restrictions on the

investment of such monies if necessary to enhance the marketability

of the obligations.
Okla. Stat. tit. 73, § 73-178 — OK Code / Title 73 / Section 73-178
Repairs, refurbishments and improvements - Authority to
Status: in_force

issue bonds.

A. The Oklahoma Capitol Improvement Authority shall provide for

the funding for repairs, refurbishments and improvements to Oklahoma

Tourism and Recreation Department properties and facilities, 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

Department. Upon the retirement of the indebtedness created

pursuant to this section, the title to the facilities and

improvements thereon shall be transferred from the Oklahoma Capitol

Improvement Authority to the Oklahoma Tourism and Recreation

Department. Project costs are allocated in the following amounts:

PARK AMOUNT

Langley (below dam)

9 hole golf course $1,285,240.00

Clubhouse/maintenance barn 154,000.00

15 RV super sites 132,000.00

Sewer, water, and electric utility systems 134,000.00

Contingency 100,000.00

1 comfort station with shower 60,500.00

Roads and Parking 75,000.00

Eucha

Comfort station with shower and

sewer system 55,000.00

Natural Falls - Colcord

Community Building, RV Rally Area, and

sewer system 238,700.00

Dripping Springs - Okmulgee

Comfort station with showers, 25 RV sites,

Sewer System, and Visitor center/park store 255,200.00

Texoma

18 hole championship golf course 3,025,000.00

Clubhouse with grill 445,500.00

Roman Nose

9 hole golf course expansion 767,525.00

Welcome Center

Thackerville 575,000.00

Welcome Center

Catoosa 500,000.00

Welcome Center

Midwest City 500,000.00

Quartz Mountain Resort Park

Oklahoma Statutes - Title 73. State Capital and Capitol Building Page 72

Lodge - 100 Rooms with banquet facilities

and meeting rooms 3,500,000.00

TOTAL $11,802,665.00

B. For the purpose of paying the costs of the projects

authorized in subsection A of 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 such projects and, in anticipation

of the collection of such income and revenues, to issue negotiable

or competitive bonds not to exceed the sum of Twelve Million Six

Hundred Eighty-five Thousand Dollars ($12,685,000.00) as may be

determined by the Authority. It is the intent of the Legislature to

appropriate to the Oklahoma Tourism and Recreation Department

sufficient monies to make rental payments for purposes of retiring

the debt created pursuant to this section.

C. The Authority may issue the bonds in one or more series and

in conjunction with other issues of the Authority.

D. Insofar as they are not in conflict with the provisions of

this section, the provisions of Section 151 et seq. of this title

shall apply to this section.

E. The Oklahoma Tourism and Recreation Commission may revise

such charges directly associated with such improvements from time to

time whenever necessary to maximize revenues so as to contribute to

the payment of principal of and interest on such bonds. All

revenues generated pursuant to the provisions of this section not

otherwise committed for other lawful purposes shall be placed in the

1995 Tourism Bond Revolving Fund, as created in Section 179 of this

title.

F. All interest earned on any reserve funds created by such

bonds held by the State Treasurer, as collected, shall be paid into

the General Revenue Fund.

G. If any of the lodge facilities involved are sold to private

entities, at any time in the future, prior to the payment of the

bonds issued by virtue of this act, the amount received shall first

be used to pay any unredeemed bonds for such facilities.

H. Provided that the security for these bonds is not adversely

affected, certain project cost allocations, as identified in this

section, may be used for the following expanded purpose:

Langley - contingency of One Hundred Thousand Dollars

($100,000.00) may also be used to fund any overage amount associated

with the projects listed in this section for Langley State Park.
Okla. Stat. tit. 73, § 73-159 — OK Code / Title 73 / Section 73-159
Delivery of bonds upon payment - Deposit and investment of
Status: in_force

proceeds.

The bonds shall be delivered to the purchaser thereof only upon

payment of par and accrued interest to the date of delivery thereof,

together with any premium bid, if any. The proceeds of the sale of

said bonds shall be deposited in the State Treasury of the State of

Oklahoma, in a fund which is hereby created and designated the

"Oklahoma Capitol Improvement Authority Fund", where they shall

remain subject to disposition to be provided for by the Authority,

provided that the State Treasurer of the State of Oklahoma shall

invest said monies in interest bearing direct obligations of the

United States of America, or of the State of Oklahoma, and provided

further that all such investments of said monies must be so made

that the same may be liquidated in time to enable the Authority to

pay, in due course, the valid indebtedness incurred by the Authority

for the purposes set forth in this act.
Okla. Stat. tit. 73, § 73-159.1 — OK Code / Title 73 / Section 73-159.1
Payment of funds in advance of bond issuance - Deposit
Status: in_force

and use of funds.

In the event a state agency has or receives appropriated or

other funds to be applied to a project subject to a bond issuance,

the agency may pay the funds to the Oklahoma Capitol Improvement

Authority in advance of the bond issuance. The Authority shall

deposit the funds in an interest-bearing account with the Office of

the State Treasurer and use the funds and the interest on the funds

to:

1. Pay other bond expenses of the issuance;

2. Pay for expenses related to the bond project;

3. Reduce the total bond debt service; or

4. Reduce the size of the required issuance.
Okla. Stat. tit. 73, § 73-160 — OK Code / Title 73 / Section 73-160
Approval of bonds by Supreme Court
Status: in_force

The Oklahoma Capitol Improvement Authority may file an

application with the Supreme Court of Oklahoma for the approval of

bonds issued hereunder, and exclusive original jurisdiction is

hereby conferred upon the Supreme Court to hear and determine each

application. The court shall give the applications precedence over

the other business of the court and consider and pass upon the

applications and any protests which may be filed thereto as speedily

as possible. Notice of the hearing on each application shall be

Oklahoma Statutes - Title 73. State Capital and Capitol Building Page 46

given by notice published in a newspaper of general circulation in

the state that on a day named the Authority will ask the court to

hear its application and approve the bonds. The notice shall inform

all persons interested that they may file protests against the

issuance of the bonds and be present at the hearing and contest the

legality thereof. The notice shall be published one time not less

than ten (10) days prior to the date named for the hearing and the

hearing may be adjourned from time to time in the discretion of the

court. If the court shall be satisfied that the bonds or any

portions thereof have been properly authorized in accordance with

this act and the Constitution of Oklahoma, and that when issued they

will constitute valid obligations in accordance with their terms,

the court shall render its written opinion approving the bonds and

shall fix the time within which a petition for rehearing may be

filed. The decision of the court shall be a judicial determination

of the validity of the bonds, shall be conclusive as to the

Authority, the State of Oklahoma, its officers, agents and

instrumentalities, and all other persons, and thereafter the bonds

so approved and the rents and revenues pledged to their payment

shall be incontestable in any court in the State of Oklahoma.
Okla. Stat. tit. 73, § 73-83.12 — OK Code / Title 73 / Section 73-83.12
Citizens' Advisory Committee
Status: in_force

A. There is hereby created a Citizens' Advisory Committee to

the Capitol-Medical Center Improvement and Zoning Commission, the

members of which are selected by the Capitol-Medical Center

Improvement and Zoning Commission pursuant to a procedure

established by the said Commission. Such Committee shall consist of

not less than ten (10) nor more than fifteen (15) members, all of

whom shall reside in the area regulated by the Commission or be

property owners therein.

B. One member of such Committee, selected by vote of the

Committee, shall be recommended to the Governor to serve as one of

the members of the Capitol-Medical Center Improvement and Zoning

Commission. One alternate Committee member, selected by the vote of

the Committee, shall be recommended to serve as a designee of the

gubernatorial appointee to the Commission.

C. The Committee shall serve in an advisory capacity to the

Commission in carrying out the duties imposed on the Commission by

law.
Okla. Stat. tit. 73, § 73-161 — OK Code / Title 73 / Section 73-161
Power of Authority
Status: in_force

In addition to all other powers expressly conferred, the

Authority is hereby authorized and empowered:

1. To adopt bylaws for the regulation of its affairs and the

conduct of its business;

2. To adopt an official seal and alter the same at pleasure;

3. To fix and revise from time to time rent for the use of any

Authority building; provided, that the rents when so fixed, plus

revenues derived from other sources, shall produce sufficient

revenue:

a. to pay the annual cost of the operation, maintenance,

and repair of such building,

b. to pay as and when due the principal and interest on

the bonds issued to pay for such building, and

c. to accumulate and maintain reserves for such purposes;

4. To acquire, hold, improve, and dispose of real and personal

property in the exercise of its powers and the performance of its

duties under this act, and on behalf of other agencies of the state

as provided for in memoranda of understanding entered into between

the Authority and such agency or agencies of the state;

5. To acquire by purchase or otherwise, on such terms and

conditions and in such manner as it may deem proper, or by the

exercise of the power of condemnation in the manner hereinafter

provided, such public or private property and interests therein as

Oklahoma Statutes - Title 73. State Capital and Capitol Building Page 47

it may deem necessary for carrying out the provisions of this act.

The exercise of the power of condemnation shall be in accordance

with and subject to the provisions of any and all existing laws and

statutes applicable to the exercise of the power of condemnation of

property for public use. In any condemnation proceedings the court

having jurisdiction of the suit, action or proceeding may make such

orders as may be just to the Authority and to the owners of the

property to be condemned and may require an undertaking or other

security to secure such owners against any loss or damage by reason

of the failure of the Authority to accept and pay for the property,

but neither such undertaking or security nor any act or obligation

of the Authority shall impose any liability upon the state or the

Authority except such as may be paid from the funds provided under

the provisions of the act;

6. To make and enter into all contracts and agreements

necessary or incidental to the performance of its duties and the

execution of its powers under this act, and particularly to make and

enter into contracts and agreements with the departments and

agencies of the State of Oklahoma and/or federal government relating

to the rent, amortization of cost, and use of the building by such

departments and agencies, or relating to the construction,

improvement, repair, and maintenance of the highway infrastructure

in this state;

7. To employ employees and agents as may be necessary in its

judgment, including, but not limited to, legal counsel and such

other professionals as may be needed for the issuance and

administration of bonds issued under the provisions of this title

and to fix their compensation; provided, that all such expenses

shall be payable solely from the proceeds of bonds issued under this

act or from revenues derived from the building;

8. To receive and accept from any federal agency grants or

payments for or in aid of the construction of any project, and to

receive and accept aid or contributions from any source of either

money, property, labor, or other things of value to be held, used,

and applied only for the purposes for which such grants and

contributions may be made;

9. To do any and all things necessary to comply with rules,

regulations, or requirements of any state or federal agency

administering any law enacted by the Congress of the United States

to aid or encourage the construction or use of such building;

10. To do all things necessary or convenient to carry out the

powers expressly granted in this act; and

11. To administer the Legacy Capital Financing Act.
Okla. Stat. tit. 73, § 73-187A-2.1 — OK Code / Title 73 / Section 73-187A-2.1
Utilization of LCF funds for the Oklahoma State
Status: in_force

University Veterinary Medicine Authority.

A. In addition to any other authorization provided by law, the

Oklahoma Capitol Improvement Authority is authorized to utilize

Oklahoma Statutes - Title 73. State Capital and Capitol Building Page 84

available funds from the Legacy Capital Financing Fund created by

Section 187B of Title 73 of the Oklahoma Statutes, in the amount of

Two Hundred Fifty Million Dollars ($250,000,000.00) for the benefit

of Oklahoma State University Veterinary Medicine Authority (OSUVMA)

to construct, refurbish, or expand animal teaching hospitals and

related facilities.

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, provided that the twenty-year recapitalization period and

associated recapitalization payments shall not begin until the state

fiscal year beginning July 1, 2026.

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.
Okla. Stat. tit. 73, § 73-207 — OK Code / Title 73 / Section 73-207
Oliver Hodge Memorial Education Building
Status: in_force

The office building to be constructed for all functions of

education by the Oklahoma Capitol Improvement Authority under the

provisions of 73 O.S. 1971, Section 168, is hereby named and shall

be identified as the Oliver Hodge Memorial Education Building.
Okla. Stat. tit. 73, § 73-348 — OK Code / Title 73 / Section 73-348
Financing authority for construction of veterans
Status: in_force

facilities.

A. In addition to any other authorization provided by law, the

Oklahoma Capitol Improvement Authority is authorized to issue

obligations to acquire real property, together with improvements

located thereon, and personal property, to plan, develop and

construct buildings, parking facilities and other improvements to

real property, and to provide funding for repairs, planning,

staging, refurbishments and improvements to real and personal

property, and for funding for construction of the two long-term care

facilities authorized in subsection A of Section 229.1 of Title 72

of the Oklahoma Statutes in a total amount necessary to generate

Thirty-five Million Dollars ($35,000,000.00) in project funds with

debt retirement payments to be made as provided in this section.

B. The Authority may hold title to the real and personal

property and improvements until such time as any obligations issued

for this purpose are retired or defeased and may lease the real

property and improvements to the Oklahoma Department of Veterans

Affairs. Upon final redemption or defeasance of the obligations

created pursuant to this section, title to the real and personal

property and improvements shall be transferred from the Authority to

the Oklahoma Department of Veterans Affairs.

C. For the purpose of paying the costs for acquisition and

construction of the real property and improvements and personal

property and making the repairs, planning, staging, refurbishments

Oklahoma Statutes - Title 73. State Capital and Capitol Building Page 146

and improvements to real and personal property, and providing

funding for the two long-term care facilities authorized in

subsection A of Section 229.1 of Title 72 of the Oklahoma Statutes,

and for the purpose authorized in subsection D of 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 such real and

personal property, parking facilities and improvements and, in

anticipation of the collection of such income and revenues, to issue

negotiable obligations in a total amount necessary to generate

Thirty-five Million Dollars ($35,000,000.00) in project funds,

whether issued in one or more series. The Authority is authorized

to capitalize interest on the obligations issued pursuant to the

authority granted by this section for a period not to exceed two (2)

years from the date of issuance. Excluding any capitalized interest

period, it is the intent of the Legislature to appropriate to the

Oklahoma Department of Veterans Affairs sufficient monies to make

rental payments for the purposes of retiring the obligations created

pursuant to this section. To the extent funds are available from

the proceeds of the borrowing authorized by this subsection, the

Authority shall provide for the payment of professional fees and

associated costs related to the projects authorized in this act.

D. The Authority may issue obligations in one or more series

and in conjunction with other issues of the Authority. The

Authority is authorized to hire bond counsel, financial consultants,

and such other professionals as it may deem necessary to provide for

the efficient sale of the obligations and may utilize a portion of

the proceeds of any borrowing to create such reserves as may be

deemed necessary and to pay costs associated with the issuance and

administration of such obligations.

E. The obligations authorized under this section may be sold at

either competitive or negotiated sale, as determined by the

Authority, and in such form and at such prices as may be authorized

by the Authority. The Authority may enter into agreements with such

credit enhancers and liquidity providers as may be determined

necessary to efficiently market the obligations. The obligations

may mature and have such provisions for redemption as shall be

determined by the Authority, but in no event shall the final

maturity of such obligations occur later than twenty-five (25) years

from the first principal maturity date.

F. Any interest earnings on funds or accounts created for the

purposes of this section may be utilized as partial payment of the

annual debt service or for the purposes directed by the Authority.

G. The obligations issued under this section, the transfer

thereof and the interest earned on such obligations, including any

profit derived from the sale thereof, shall not be subject to

taxation of any kind by the State of Oklahoma, or by any county,

municipality or political subdivision therein.

Oklahoma Statutes - Title 73. State Capital and Capitol Building Page 147

H. The Authority may direct the investment of all monies in any

funds or accounts created in connection with the offering of the

obligations authorized under this section. Such investments shall

be made in a manner consistent with the investment guidelines of the

State Treasurer. The Authority may place additional restrictions on

the investment of such monies if necessary to enhance the

marketability of the obligations.

I. The Legislature anticipates that the Oklahoma Department of

Veterans Affairs will make the rental payments for the purpose of

retiring the obligations created pursuant to the provisions of this

section from current appropriations received by the Oklahoma

Department of Veterans Affairs.

J. Insofar as they are not in conflict with the provisions of

this section, the provisions of Sections 151 through 186 of this

title shall apply to this section.
Okla. Stat. tit. 73, § 73-208 — OK Code / Title 73 / Section 73-208
Robert R. Lester Law Enforcement Training Center
Status: in_force

Oklahoma Statutes - Title 73. State Capital and Capitol Building Page 97

The building located in northeast Oklahoma City adjacent to the

Department of Public Safety Building is hereby named, and shall be

identified as the "Robert R. Lester Law Enforcement Training

Center." The Center shall be under the jurisdiction and control of

the Department of Public Safety.
Okla. Stat. tit. 73, § 73-166 — OK Code / Title 73 / Section 73-166
Execution of bonds and contracts - Audit of claims
Status: in_force

(a) The Chairman and Secretary, acting in behalf of the

Authority, shall execute all bonds issued by the Authority and all

contracts awarded by the Authority after approval of the form

thereof by the Authority and the Attorney General.

(b) All invoices, bills and claims of whatever nature shall be

subject to audit under provisions of the preaudit law and other laws

relating to the disbursement of public funds.
Okla. Stat. tit. 73, § 73-302 — OK Code / Title 73 / Section 73-302
Completion of History Center for Oklahoma Historical
Status: in_force

Society - Issuance of obligations.

A. In addition to any other authorization provided by law, the

Oklahoma Capitol Improvement Authority is authorized to issue

Oklahoma Statutes - Title 73. State Capital and Capitol Building Page 105

obligations to acquire real property, together with improvements

located thereon, and personal property, to construct buildings and

other improvements to real property and to provide funding for

repairs, refurbishments and improvements to real and personal

property and for funding for completion of construction of a History

Center for the Oklahoma Historical Society in a total amount not to

exceed Eighteen Million Dollars ($18,000,000.00) with debt

retirement payments to be made as provided herein.

B. The Authority may hold title to the real and personal

property and improvements until such time as any obligations issued

for this purpose are retired or defeased and may lease the real

property and improvements to the agencies indicated herein. Upon

final redemption or defeasance of the obligations created pursuant

to this section, title to the real and personal property and

improvements shall be transferred from the Oklahoma Capitol

Improvement Authority, to the Oklahoma Historical Society.

C. For the purpose of paying the costs for acquisition and

construction of the real property and improvements and personal

property and making the repairs, refurbishments, and improvements to

real and personal property, and providing funding for the project

authorized in subsection A of this section, and for the purpose

authorized in subsection D of 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 such real and personal property

and improvements and, in anticipation of the collection of such

income and revenues, to issue negotiable obligations in a total

amount not to exceed Eighteen Million Dollars ($18,000,000.00)

whether issued in one or more series. The Authority is authorized

to capitalize interest on the obligations issued pursuant to the

authority granted by this section for a period of not to exceed two

(2) years from the date of issuance. For the fiscal year ending

June 30, 2006, and subsequent fiscal years, it is the intent of the

Legislature to appropriate to the Oklahoma Historical Society

sufficient monies to make rental payments for the purposes of

retiring the obligations created pursuant to this section. To the

extent funds are available from the proceeds of the borrowing

authorized by this subsection, the Oklahoma Capitol Improvement

Authority shall provide for the payment of professional fees and

associated costs related to the projects authorized in subsection A

of this section.

D. The Authority may issue obligations in one or more series

and in conjunction with other issues of the Authority. The

Authority is authorized to hire bond counsel, financial consultants,

and such other professionals as it may deem necessary to provide for

the efficient sale of the obligations and may utilize a portion of

the proceeds of any borrowing to create such reserves as may be

Oklahoma Statutes - Title 73. State Capital and Capitol Building Page 106

deemed necessary and to pay costs associated with the issuance and

administration of such obligations.

E. The obligations authorized under this section may be sold at

either competitive or negotiated sale, as determined by the

Authority, and in such form and at such prices as may be authorized

by the Authority. The Authority may enter into agreements with such

credit enhancers and liquidity providers as may be determined

necessary to efficiently market the obligations. The obligations

may mature and have such provisions for redemption as shall be

determined by the Authority, but in no event shall the final

maturity of such obligations occur later than thirty (30) years from

the first principal maturity date.

F. Any interest earnings on funds or accounts created for the

purposes of this section may be utilized as partial payment of the

annual debt service or for the purposes directed by the Authority.

G. The obligations issued under this section, the transfer

thereof and the interest earned on such obligations, including any

profit derived from the sale thereof, shall not be subject to

taxation of any kind by the State of Oklahoma, or by any county,

municipality or political subdivision therein.

H. The Authority may direct the investment of all monies in any

funds or accounts created in connection with the offering of the

obligations authorized under this section. Such investments shall

be made in a manner consistent with the investment guidelines of the

State Treasurer. The Authority may place additional restrictions on

the investment of such monies if necessary to enhance the

marketability of the obligations.

I. Insofar as they are not in conflict with the provisions of

this section, the provisions of Section 151 et seq. of Title 73 of

the Oklahoma Statutes shall apply to this section.
Okla. Stat. tit. 73, § 73-169 — OK Code / Title 73 / Section 73-169
Payment of bonds - Rights of holders - Commingling
Status: in_force

prohibited.

The Capitol Improvement Authority is authorized to provide for

the payment of such bonds and the rights of the holders thereof as

provided in 73 O.S. 1971, Section 153, for other bonds issued by the

Oklahoma Statutes - Title 73. State Capital and Capitol Building Page 66

Authority and to accomplish this end is further specifically

authorized to assess and collect such appropriate rental charges as

may be necessary for the payment of such bonds for space occupied in

buildings which have been remodeled or renovated under the

provisions of Section 168 of this title; provided that the bonds

issued hereunder, the income and revenues from the projects herein

authorized, and the expenses of operating such projects shall not be

commingled with the bonds heretofore issued or the income and

revenues of the buildings heretofore built or the expenses of

operating such buildings.
Okla. Stat. tit. 73, § 73-184 — OK Code / Title 73 / Section 73-184
Equipment leasing and finance program
Status: in_force

The Oklahoma Capitol Improvement Authority, in cooperation with

the State Treasurer, is hereby authorized to create and administer a

Oklahoma Statutes - Title 73. State Capital and Capitol Building Page 78

state agency equipment leasing and finance program. The Authority

may issue notes or other obligations, the proceeds of which may be

used to acquire equipment required by state agencies. The Authority

may lease the equipment to state agencies and pledge the revenues

from the leases to secure the notes or obligations. The notes or

obligations shall not be debts of the State of Oklahoma but shall be

payable solely from the revenue derived from the leases. Provided,

the Authority is further authorized to notify the Office of

Management and Enterprise Services of any default by an agency

leasing equipment under the program. If the Office of Management

and Enterprise Services determines that the defaulting agency has

funds lawfully available to pay the defaulted lease payment, the

Office of Management and Enterprise Services is authorized and

directed to generate the payment to the Authority and reduce the

spending authority of the defaulting agency by a corresponding

amount. The State Treasurer is authorized to purchase the notes or

obligations from the Authority as an investment at rates comparable

with other state investments. The Attorney General shall review and

approve all documentation necessary to carry out the program. The

Authority may authorize a total maximum authorized amount of notes

and obligations to be used for the program on a fiscal year basis,

and it shall not be necessary to adopt a resolution for each

individual note or obligation secured by a state agency lease. Not

more than Five Million Dollars ($5,000,000.00) of such notes or

obligations for this purpose may be issued in any single fiscal

year.
Okla. Stat. tit. 73, § 73-15 — OK Code / Title 73 / Section 73-15
Agency exercising custody, supervision, and control of work
Status: in_force

and material in and about Capitol building.

Except as otherwise provided by law, the custody, supervision,

and control of all work or material required in and about the

Capitol building and the grounds and appurtenances thereof shall be

exercised by the Office of Management and Enterprise Services which

shall make all requisitions for supplies, repairs, or material

required in the heating, lighting, plumbing, ventilation, and

operation of the Capitol building and grounds.
Okla. Stat. tit. 73, § 73-311 — OK Code / Title 73 / Section 73-311
Issuance of revenue bonds
Status: in_force

The Oklahoma Capitol Improvement Authority is hereby authorized

to issue revenue bonds for the purpose of funding capital projects

for the State Department of Corrections in a total amount not to

exceed Ten Million Dollars ($10,000,000.00) with debt retirement

payments to be made by the Department. The issuance of such bonds

shall be subject to the provisions of subsections D, E, F, G and H

of Section 301 of Title 73 of the Oklahoma Statutes. Bonds issued

pursuant to this section shall not be general obligation bonds and

shall not be an indebtedness to the State of Oklahoma.
Okla. Stat. tit. 73, § 73-341 — OK Code / Title 73 / Section 73-341
State highway and bridge assets – Financing of
Status: in_force

construction, maintenance and improvements.

A. Subject to the limitations with respect to the authorized

date of issuance provided by paragraphs 1, 2 and 3 of this

subsection, the Oklahoma Capitol Improvement Authority is authorized

to issue notes, bonds, or other evidences of obligation in an amount

necessary to generate net proceeds of:

1. One Hundred Fifty Million Dollars ($150,000,000.00), no

earlier than August 1, 2009, after providing for costs of issuance,

Oklahoma Statutes - Title 73. State Capital and Capitol Building Page 132

credit enhancement, reserves, and other associated expenses related

to the financing;

2. In addition to the amount of net proceeds specified by

paragraph 1 of this subsection, Two Hundred Fifteen Million Dollars

($215,000,000.00), no earlier than August 1, 2010, after providing

for costs of issuance, credit enhancement, reserves, and other

associated expenses related to the financing; and

3. In addition to the amount of net proceeds specified by

paragraph 1 and paragraph 2 of this subsection, Seventy Million

Dollars ($70,000,000.00), no earlier than August 1, 2011, after

providing for costs of issuance, credit enhancement, reserves, and

other associated expenses related to the financing for the projects

identified in the Appendix of this act.

B. Net proceeds of the financing will be deposited into a

construction fund to provide for the financing of acquisition of

real property, together with improvements located thereon, and

personal property, to construct, maintain and improve those state

highway and state bridge assets identified in the Oklahoma

Transportation Commission Construction Work Plan for the federal

fiscal years 2011 through 2018 (FFY-2011 through FFY-2018) as

specifically identified in the Appendix of this act and which is

incorporated by reference as if fully set out herein.

C. The Transportation Commission or the Department of

Transportation shall use the proceeds identified in subsection B of

this section according to the priority of the enumerated project as

it appears for the applicable federal fiscal year in the

Construction Work Plan described in subsection B of this section in

order to facilitate the completion of the enumerated projects,

giving consideration to the ability to match federal funding and

such other factors as the Transportation Commission or the

Department of Transportation shall deem fiscally prudent.

D. Earnings that result from the investment of the construction

fund may be used for the projects authorized in this section or for

other legal purposes approved by the Authority.

E. The Authority and the Transportation Commission and the

Department of Transportation are authorized to enter into such

agreements as may be necessary to authorize the Authority to hold

title to the real and personal property and improvements until such

time as any obligations issued for the purpose set forth in

subsection B of this section are retired or defeased and the

Authority may lease the real property and improvements to the

Transportation Commission or the Department of Transportation for

the purposes authorized by this section. Upon final redemption or

defeasance of the obligations created pursuant to this section,

title to the real and personal property and improvements shall be

transferred from the Oklahoma Capitol Improvement Authority to the

Transportation Commission or the Department of Transportation.

Oklahoma Statutes - Title 73. State Capital and Capitol Building Page 133

F. For the purpose of paying the costs for acquisition and

construction of the real property and improvements and personal

property and making the repairs, refurbishments, and improvements to

real and personal property, and providing funding for the project

authorized in this section, and for the purpose authorized in

subsection H of 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 such real and personal property and improvements

and, in anticipation of the collection of such income and revenues,

to issue negotiable obligations in one or more series.

G. It is the intent of the Legislature to appropriate to the

Department of Transportation sufficient monies to make rental

payments for the purposes of retiring the obligations created

pursuant to this section.

H. To the extent funds are available from the proceeds of the

borrowing authorized by subsection A of this section, the Oklahoma

Capitol Improvement Authority shall provide for the payment of

professional fees and associated costs related to the projects

authorized in this section.

I. The Authority may issue obligations in one or more series

and in conjunction with other issues of the Authority. The

Authority is authorized to hire bond counsel, financial consultants,

and such other professionals as it may deem necessary to provide for

the efficient sale of the obligations and may utilize a portion of

the proceeds of any borrowing to create such reserves as may be

deemed necessary and to pay costs associated with the issuance and

administration of such obligations.

J. The bond indenture or other instrument pursuant to which the

Oklahoma Capitol Improvement Authority becomes obligated for the

repayment of principal and interest of the proceeds from the sale of

obligations authorized in subsection A of this section shall provide

that all obligations are to be repaid from the source of revenue

specified in this section.

K. The bonds or other obligations issued pursuant to this

section shall not at any time be deemed to constitute a debt of the

state or of any political subdivision thereof or a pledge of the

faith and credit of the state or of any such political subdivision.

L. Such bonds or other obligations shall contain on the face

thereof a statement that neither the faith and credit nor the taxing

power of the state or any political subdivision thereof is pledged,

or may hereafter be pledged, to the payment of the principal of or

the interest on such bonds.

M. The obligations authorized under this section may be sold at

either competitive or negotiated sale, as determined by the

Authority, and in such form and at such prices as may be authorized

by the Authority. The Authority may enter into agreements with such

credit enhancers and liquidity providers as may be determined

Oklahoma Statutes - Title 73. State Capital and Capitol Building Page 134

necessary to efficiently market the obligations. The obligations

may mature and have such provisions for redemption as shall be

determined by the Authority, but in no event shall the final

maturity of such obligations occur later than fifteen (15) years

from the first principal maturity date.

N. Any interest earnings on funds or accounts created for the

purposes of this section may be utilized as partial payment of the

annual debt service or for the purposes directed by the Authority.

O. The obligations issued under this section, the transfer

thereof and the interest earned on such obligations, including any

profit derived from the sale thereof, shall not be subject to

taxation of any kind by the State of Oklahoma, or by any county,

municipality or political subdivision therein.

P. The Authority may direct the investment of all monies in any

funds or accounts created in connection with the offering of the

obligations authorized under this section. Such investments shall

be made in a manner consistent with the investment guidelines of the

State Treasurer. The Authority may place additional restrictions on

the investment of such monies if necessary to enhance the

marketability of the obligations.

Q. Insofar as they are not in conflict with the provisions of

this section, the provisions of Section 151 et seq. of this title

shall apply to this section.

R. The Oklahoma Capitol Improvement Authority may initiate

proceedings for purposes of validating the obligations authorized

pursuant to the provisions of this section according to the

provisions of Section 14.1 of Title 20 of the Oklahoma Statutes not

later than one hundred twenty (120) days after the effective date of

this act.
Okla. Stat. tit. 73, § 73-83.9 — OK Code / Title 73 / Section 73-83.9
Appeals
Status: in_force

Any person aggrieved by any rule, regulation, decision or order

of the Capitol-Medical Center Improvement and Zoning Commission, or

of the Director thereof, may appeal to the district court of

Oklahoma County by filing a petition in said court and serving a

copy thereof on the Director of the Commission. No bond shall be

required for such appeal but costs may be required in the district

court as in other cases. Filing of such appeal shall in no respect

suspend the operation of any such rule, regulation, decision or

order; nor shall the district court order any such suspension until

full hearing. The district court may require the certification to

it, by the Commission, of all papers, records and documents

constituting the record of the Commission in respect of such matter.

No rule, regulation, decision or order of the Commission, or of the

Director thereof, shall be suspended or set aside by the court

unless the same, after hearing, shall be determined to be without

authority of law. An appeal to the Supreme Court from the decision

of the district court shall be allowed as in other cases.
Okla. Stat. tit. 73, § 73-303 — OK Code / Title 73 / Section 73-303
Repairs and improvements of J.D. McCarty Center for
Status: in_force

Children with Developmental Disabilities - Funding.

A. The Oklahoma Capitol Improvement Authority is authorized to

issue obligations to provide funding for repairs, refurbishments and

improvements to real and personal property and for funding for the

completion of construction of a new building for the J.D. McCarty

Center for Children with Developmental Disabilities in a total

amount not to exceed Three Million Five Hundred Thousand Dollars

($3,500,000.00) with debt retirement payments to be made by the J.D.

McCarty Center for Children with Developmental Disabilities.

B. The Authority may hold title to the real and personal

property and improvements until such time as any obligations issued

for this purpose are retired or defeased and may lease the real

property and improvements to the agencies indicated herein. Upon

final redemption or defeasance of the obligations created pursuant

Oklahoma Statutes - Title 73. State Capital and Capitol Building Page 109

to this section, title to the real and personal property and

improvements shall be transferred from the Oklahoma Capitol

Improvement Authority to the J.D. McCarty Center for Children with

Developmental Disabilities.

C. For the purpose of paying the costs for acquisition and

construction of the real property and improvements and personal

property and making the repairs, refurbishments, and improvements to

real and personal property, and providing funding for the project

authorized in subsection A of this section, and for the purpose

authorized in subsection D of 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 such real and personal property

and improvements and, in anticipation of the collection of such

income and revenues, to issue negotiable obligations in a total

amount not to exceed Four Million Dollars ($4,000,000.00) whether

issued in one or more series. It is the intent of the Legislature

to appropriate to the J.D. McCarty Center for Children with

Developmental Disabilities sufficient monies to make rental payments

for the purposes of retiring the obligations created pursuant to

this section.

D. To the extent funds are available from the proceeds of the

borrowing authorized by subsection C of this section, the Oklahoma

Capitol Improvement Authority shall provide for the payment of

professional fees and associated costs related to the projects

authorized in subsection A of this section.

E. The Authority may issue obligations in one or more series

and in conjunction with other issues of the Authority. The

Authority is authorized to hire bond counsel, financial consultants,

and such other professionals as it may deem necessary to provide for

the efficient sale of the obligations and may utilize a portion of

the proceeds of any borrowing to create such reserves as may be

deemed necessary and to pay costs associated with the issuance and

administration of such obligations.

F. The obligations authorized under this section may be sold at

either competitive or negotiated sale, as determined by the

Authority, and in such form and at such prices as may be authorized

by the Authority. The Authority may enter into agreements with such

credit enhancers and liquidity providers as may be determined

necessary to efficiently market the obligations. The obligations

may mature and have such provisions for redemption as shall be

determined by the Authority, but in no event shall the final

maturity of such obligations occur later than thirty (30) years from

the first principal maturity date.

G. Any interest earnings on funds or accounts created for the

purposes of this section may be utilized as partial payment of the

annual debt service or for the purposes directed by the Authority.

Oklahoma Statutes - Title 73. State Capital and Capitol Building Page 110

H. The obligations issued under this section, the transfer

thereof and the interest earned on such obligations, including any

profit derived from the sale thereof, shall not be subject to

taxation of any kind by the State of Oklahoma, or by any county,

municipality or political subdivision therein.

I. The Authority may direct the investment of all monies in any

funds or accounts created in connection with the offering of the

obligations authorized under this section. Such investments shall

be made in a manner consistent with the investment guidelines of the

State Treasurer. The Authority may place additional restrictions on

the investment of such monies if necessary to enhance the

marketability of the obligations.

J. Insofar as they are not in conflict with the provisions of

this section, the provisions of Section 151 et seq. of Title 73 of

the Oklahoma Statutes shall apply to this section.
Okla. Stat. tit. 73, § 73-83.14 — OK Code / Title 73 / Section 73-83.14
Violations of regulations or provisions - Jurisdiction - Injunction - Actions by Attorney
Status: in_force

Oklahoma Statutes - Title 73. State Capital and Capitol Building Page 2Injunction - Actions by Attorney General.

A. Complaints for violation of any regulations promulgated by

the Capitol-Medical Center Improvement and Zoning Commission shall

be filed with the municipal court of the City of Oklahoma City,

which shall exercise jurisdiction over the complaint. Any person

found guilty by the court of violating any of the regulations shall

be punished by a fine in a sum not to exceed Seventy-five Dollars

($75.00) inclusive of costs. Each violation shall constitute a

separate and distinct offense. Appeals may be taken in the same

manner as appeals from the court in cases involving violations of

city ordinances. In such cases the City of Oklahoma City shall

receive One Dollar ($1.00) as costs and one-half (1/2) of the fine.

Oklahoma Statutes - Title 73. State Capital and Capitol Building Page 27

The remaining one-half (1/2) of the fine shall be paid to the State

Treasurer and shall be placed in a fund which shall be used by the

Office of Management and Enterprise Services for the ongoing

operation of the Commission.

B. Any person who violates any of the provisions of Sections

82.1 through 83.12 of this title or who violates any order or

determination of the Commission promulgated pursuant to Section

83.13 of this title shall be guilty of a misdemeanor and in addition

thereto may be enjoined from continuing such violation. Each day

upon which such violation occurs shall constitute a separate

violation.

C. The Attorney General, on the request of the Commission,

shall bring an action against any person violating any of the

provisions of Sections 82.1 through 83.12 of this title or violating

any order or determination of the Board.
Okla. Stat. tit. 73, § 73-72 — OK Code / Title 73 / Section 73-72
Legislative expenses - Preparation of session laws - Claims
Status: in_force

and unfinished business - Inventory - Care and custody of property

and chambers.

The closing of the business of the House of Representatives and

the Senate, after each legislative session, and the preparation of

the journals of the two houses, and the session laws, and the

printing thereof, are hereby declared to be expenses of the

Legislature of this state, and those expenses shall be paid from any

appropriations made for the House of Representatives and the Senate.

The President Pro Tempore of the Senate and the Speaker of the

House, after each legislative session, shall have supervision of the

preparation of the session laws for that session, shall contract for

the printing thereof and supervise the publication of same, and all

claims for expenses in connection with such printing shall, before

payment, be approved by both the President Pro Tempore of the Senate

and the Speaker of the House.

The session laws, when printed and paid for, shall be deposited

with the Secretary of State, who shall distribute the same to the

state officers, departments and institutions entitled thereto.

After the adjournment of each session of the Legislature, the

Speaker of the House of Representatives and the President Pro

Tempore of the Senate, respectively, are hereby authorized and

directed as follows:

First: All outstanding and valid claims against the House of

Representatives shall be presented to the Speaker of the House and

shall be by him examined and audited, and all such claims and valid

obligations of the House of Representatives, after approval by the

Speaker, shall be paid from any legislative contingent or other

expense funds available for that purpose; all outstanding and valid

claims against the Senate shall be presented to the President Pro

Tempore of the Senate and shall be by him examined and audited, and

all such claims and valid obligations of the Senate, after approval

by the President Pro Tempore, shall be paid from any legislative

contingent or other expense funds available for that purpose.

Second: To close all unfinished business of the House of

Representatives and the Senate, and properly to prepare, index and

superintend the publication of the permanent journals of the House

of Representatives and the Senate of each legislative session;

provided, that printed copies of said permanent journals shall be

certified to by the presiding officers of the two houses,

respectively, as being a true and correct copy of the proceedings of

the House of Representatives and the Senate during all sessions of

the Legislature, and filed with the Secretary of State; provided

Oklahoma Statutes - Title 73. State Capital and Capitol Building Page 18

further, that in the process and work of indexing and superintending

the publication of said journals and the closing of the unfinished

business of the houses, the Speaker of the House of Representatives

and the President Pro Tempore of the Senate, respectively, are

hereby authorized to retain or employ such assistants or help as may

be found necessary to complete such work.

The Speaker of the House of Representatives and the President

Pro Tempore of the Senate are further authorized and directed,

respectively, to make an inventory of the property of the two

houses, after each session of the Legislature, to enter the same in

the permanent book of records, and to preserve such record as the

record of the respective houses. When the property and records of

the House of Representatives have been invoiced after each session,

the same, together with the House Chamber and all House committee

rooms, shall be delivered to the Speaker of the House of

Representatives or to such person as he may designate, who shall

have the absolute care, custody and control of the same until the

convening of the next session of the State Legislature, and when the

property and records of the Senate have been invoiced after each

session, such property and records, together with the Senate Chamber

and all Senate committee rooms, shall be delivered to the Secretary

of the Senate, who shall have the absolute care, custody and control

of the same until the convening of the next session of the State

Legislature. The State Treasurer is hereby authorized and directed

to pay all claims audited and approved by the Speaker of the House

of Representatives and the President Pro Tempore of the Senate for

their respective houses as hereinafter authorized.
Okla. Stat. tit. 73, § 73-315 — OK Code / Title 73 / Section 73-315
Substance abuse treatment center – Construction costs and
Status: in_force

fees.

A. The Oklahoma Capitol Improvement Authority is authorized to

construct buildings and other improvements to real property, and to

acquire personal property for purposes of providing a substance

abuse treatment center for the Department of Mental Health and

Substance Abuse Services. The Authority may hold title to the real

property and improvements until such time as any obligations issued

for this purpose are retired or defeased and may lease the real

property and improvements to the Department. Upon final redemption

or defeasance of the obligations created pursuant to this section,

title to the real property and improvements shall be transferred

from the Authority, to the Department.

B. For the purpose of paying the costs for construction of

buildings and improvements and acquisition of personal property

authorized in subsection A of this section, and for the purpose

authorized in subsection C of 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 such real property and

improvements and, in anticipation of the collection of such income

and revenues, to issue negotiable obligations in an amount not to

exceed Four Million Dollars ($4,000,000.00). It is the intent of

the Legislature to appropriate to the Department sufficient monies

to make rental payments for the purpose of retiring the obligations

created pursuant to this section.

C. To the extent funds are available from the proceeds of the

borrowing authorized by subsection B of this section, the Authority

Oklahoma Statutes - Title 73. State Capital and Capitol Building Page 124

shall provide for the payment of professional fees and associated

costs related to the projects authorized in subsection A of this

section which are approved by the Department.

D. The Authority may issue obligations in one or more series

and in conjunction with other issues of the Authority. The

Authority is authorized to hire bond counsel, financial consultants,

and such other professionals as it may deem necessary to provide for

the efficient sale of the obligations and may utilize a portion of

the proceeds of any borrowing to create such reserves as may be

deemed necessary and to pay costs associated with the issuance and

administration of such obligations.

E. The obligations authorized under this section may be sold at

either competitive or negotiated sale, as determined by the

Authority, and in such form and at such prices as may be authorized

by the Authority. The Authority may enter into agreements with such

credit enhancers and liquidity providers as may be determined

necessary to efficiently market the obligations. The obligations

may mature and have such provisions for redemption as shall be

determined by the Authority, but in no event shall the final

maturity of such obligations occur later than thirty (30) years from

the first principal maturity date.

F. Any interest earnings on funds or accounts created for the

purposes of this section may be utilized as partial payment of the

annual debt service or for the purposes directed by the Authority.

G. The obligations issued under this section, the transfer

thereof and the interest earned on such obligations, including any

profit derived from the sale thereof, shall not be subject to

taxation of any kind by the State of Oklahoma, or by any county,

municipality or political subdivision therein.

H. The Authority may direct the investment of all monies in any

funds or accounts created in connection with the offering of the

obligations authorized under this section. Such investments shall

be made in a manner consistent with the investment guidelines of the

State Treasurer. The Authority may place additional restrictions on

the investment of such monies if necessary to enhance the

marketability of the obligations.
Okla. Stat. tit. 73, § 73-167 — OK Code / Title 73 / Section 73-167
Prohibition on sale or other disposal of bonds without
Status: in_force

legislative approval.

From and after the effective date of this act, the State

Treasurer of the State of Oklahoma shall not trade, transfer,

pledge, hypothecate, or sell any bonds held in the State Treasury of

the State of Oklahoma acquired in accordance with Senate Bill No.

312, of the Twenty-seventh Legislature, Chapter 1c, Title 62, page

249, Session Laws 1959, to any private individual, association,

firm, trust, corporation, or syndicate without first obtaining

approval therefor from the Legislature of the State of Oklahoma in

the form of a joint resolution.
Okla. Stat. tit. 73, § 73-168.10b — OK Code / Title 73 / Section 73-168.10b
Obligation Defeasance Revolving Fund
Status: in_force

There is hereby created in the State Treasury a revolving fund

for the Oklahoma Capitol Improvement Authority to be designated the

"Obligation Defeasance Revolving Fund". The fund shall be a

continuing fund, not subject to fiscal year limitations, and shall

consist of all appropriations and deposits made for the purpose of

fully defeasing obligations issued pursuant to Section 168.10 of

Title 73 of the Oklahoma Statutes. All monies accruing to the

credit of the fund are hereby appropriated and shall be transferred

to the escrow account established pursuant to the provisions of

Section 1 of this act.
Okla. Stat. tit. 73, § 73-25 — OK Code / Title 73 / Section 73-25
Oklahoma Historical Society – Maintenance and display of
Status: in_force

flags, standards, or banners.

A. The history of the area that is now known as the State of

Oklahoma was shaped by its location in the crossroads of the

emerging American West. Consequently, what is now Oklahoma was

coveted by many nations and governments as a key to controlling a

large part of North America. Spain, England, France, the United

States of America, Mexico, the Republic of Texas, the Confederate

States of America, and the many tribal nations in Oklahoma have

Oklahoma Statutes - Title 73. State Capital and Capitol Building Page 14

contributed by their governance and influence to the cultural

heritage of the great State of Oklahoma.

B. In recognition of the unique and honorable history and

culture of Oklahoma, the Oklahoma Historical Society, when funds are

available or secured by donation, shall maintain and display in a

dignified manner at the Oklahoma Historical Society replicas of

fourteen flags, standards, or banners listed in subsection C of this

section of the nations and governments which have claimed governance

of the lands now encompassed within the borders of the State of

Oklahoma. The flags, standards, or banners shall be displayed in a

historical flag plaza as part of the new History Center for the

Oklahoma Historical Society on the northeast corner of Lincoln

Boulevard and Northeast 23rd Street in Oklahoma City.

C. The following fourteen flags, standards, or banners to be

displayed pursuant to this section shall be:

1. The current United States of America flag;

2. Coronado's Royal Standard of Spain of 1541;

3. The Great Union of Great Britain flag of 1663;

4. The French Royal Standard of 1719;

5. The Standard of the Spanish Empire of 1763;

6. The Standard of Napoleon's French Republic of 1800;

7. The fifteen-star United States of America flag of 1818;

8. The Republic of Mexico flag which flew over the Oklahoma

Panhandle from 1821 to 1836;

9. The Republic of Texas flag which flew over the Oklahoma

Panhandle from 1836 to 1839;

10. The Lone Star Flag of Texas which flew over the Oklahoma

Panhandle from 1839 to 1850;

11. The Flag of the Choctaw Indian Nation carried by Choctaw

Nation Confederate troops from 1861 to 1865;

12. The First National Flag of the Confederate States of

America adopted on March 4, 1861;

13. The Oklahoma state flag adopted by the Oklahoma State

Legislature in 1911; and

14. The Oklahoma state flag adopted by the Oklahoma State

Legislature in 1925.

D. The flags, standards, or banners directed to be displayed by

subsection C of this section shall be displayed every day except

when the weather is inclement.
Okla. Stat. tit. 73, § 73-175 — OK Code / Title 73 / Section 73-175
Tunnel construction
Status: in_force

The Oklahoma Capitol Improvement Authority is hereby authorized

and directed to construct, from funds legally available, a system of

tunnels to connect the Will Rogers Building to the Tax Commission

Building, the Tax Commission Building to the Education Building, the

Education Building to the Sequoyah Building, the Capitol Building to

the parking lot to the southeast of said Capitol Building east of

Lincoln Boulevard, and the Sequoyah Building-Education Building

tunnel to the parking lot east of the Sequoyah Building located east

of Lincoln Boulevard.
Okla. Stat. tit. 73, § 73-97 — OK Code / Title 73 / Section 73-97
Violation
Status: in_force

Complaints for the violation of any of said regulations

promulgated by the Director of the Office of Management and

Enterprise Services shall be filed with the municipal court of the

City of Oklahoma City, and said court shall exercise jurisdiction

over the same. Any person found guilty by said court of violating

any of said regulations shall be punished by a fine in a sum not

exceeding Twenty Dollars ($20.00), inclusive of costs. Each

Oklahoma Statutes - Title 73. State Capital and Capitol Building Page 29

violation shall constitute a separate and distinct offense. Appeals

may be taken in the same manner as appeals from said court in cases

involving violations of city ordinances. In such cases the City of

Oklahoma City shall receive One Dollar ($1.00) as costs, and one-

half (1/2) of the fine collected. The remaining one-half (1/2) of

the fine shall be paid to the State Treasurer and shall be placed in

a fund which shall be used by the Office of Management and

Enterprise Services in the maintenance and upkeep of the Capitol

grounds.
Okla. Stat. tit. 73, § 73-168.10a — OK Code / Title 73 / Section 73-168.10a
Defeasance of obligations – Escrow account
Status: in_force

Oklahoma Statutes - Title 73. State Capital and Capitol Building Page 65

A. Within one hundred eighty (180) days of the effective date

of this act, the Oklahoma Capitol Improvement Authority shall fund

an escrow account in an amount sufficient to provide for payment of

principal and interest on obligations, as they become due, issued

pursuant to Section 168.10 of Title 73 of the Oklahoma Statutes,

Oklahoma Capitol Improvement Authority State Facilities Lease

Revenue Bonds Series 2018A, for purposes of providing office space

to the Oklahoma Tourism and Recreation Department. The escrow

account shall be funded as provided in subsection C of this section

and shall be in an amount sufficient to defease the obligations.

B. The Authority is authorized to employ agents as may be

necessary to carry out the defeasance of the obligations issued

pursuant to Section 168.10 of Title 73 of the Oklahoma Statutes

including, but not limited to, legal counsel, escrow bidding agent,

escrow verification agent, and a trustee or paying agent.

C. The Authority shall utilize all unspent proceeds of

obligations issued pursuant to Section 168.10 of Title 73 of the

Oklahoma Statutes and any investment earnings thereon to fund the

escrow account. It is the intent of the Legislature to appropriate

the remainder of monies necessary to defease the obligations.

D. As of the effective date of this act, the Authority is

prohibited from disbursing the proceeds of obligations issued

pursuant to Section 168.10 of Title 73 of the Oklahoma Statutes or

any investment earnings thereon for any purpose other than the

purpose authorized in subsection C of this section. Nor shall the

Authority issue any additional obligations under the provisions of

Section 168.10 of Title 73 of the Oklahoma Statutes.
Okla. Stat. tit. 73, § 73-215 — OK Code / Title 73 / Section 73-215
Denver N. Davison Building - Designation
Status: in_force

The new Oklahoma Courts Building shall be named the "Denver N.

Davison Building".
Okla. Stat. tit. 73, § 73-63 — OK Code / Title 73 / Section 73-63
Battle flags and colors - Display
Status: in_force

The State Historical Society shall provide display cases suited

for the proper preservation and care of the decorated battle flags

and colors carried by organizations composed in whole or in part of

Oklahoma troops who have served in the land, naval and air forces of

the United States during its wars, as recognized by the State

Historical Society, and shall cause these cases to be located for

public viewing in such building or buildings as may be made

available, at Oklahoma City, by the state for the use of the State

Historical Society, as a perpetual reminder of that spirit of

service and sacrifice and that lesson of loyalty and love of liberty

which Oklahoma's courageous sons have demonstrated.
Okla. Stat. tit. 73, § 73-62.2 — OK Code / Title 73 / Section 73-62.2
Agreement with Post Office Department - Additional space
Status: in_force

The Director of the Office of Management and Enterprise Services

is hereby authorized to enter into a written agreement with the Post

Office Department of the United States permitting said Department to

occupy and use adequate quarters in the State Capitol for a post

office free of cost to the United States. If additional space is

needed, the Director of the Office of Management and Enterprise

Services is hereby authorized to enter into written agreements

providing such additional space in the State Capitol. The Office of

Management and Enterprise Services shall also be authorized to agree

to furnish light, heat, water, janitor service for said post office,

and a safe receptacle in which to keep property of the United

States.
Okla. Stat. tit. 73, § 73-173 — OK Code / Title 73 / Section 73-173
Maintenance of Authority grounds and housekeeping,
Status: in_force

maintenance and repair of properties - Security and law enforcement

services - Accounts.

A. The Oklahoma Capitol Improvement Authority may contract with

the Office of Management and Enterprise Services to maintain grounds

and for housekeeping, maintenance and repair of properties under the

jurisdiction of the Authority.

B. The Oklahoma Capitol Improvement Authority and the Office of

Management and Enterprise Services shall contract with the

Oklahoma Statutes - Title 73. State Capital and Capitol Building Page 67

Department of Public Safety for security and law enforcement

services in all facilities under the jurisdiction of the Authority

or Department within the State Capitol Park in Oklahoma City.

C. The Oklahoma Capitol Improvement Authority shall provide

office and operations space for Office of Management and Enterprise

Services functions.

D. The Office of Management and Enterprise Services shall

establish accounts for the Office of Management and Enterprise

Services, by building or other improvement, as the Director of the

Office of Management and Enterprise Services considers necessary to

properly account and identify receipts and expenditures related to

construction, repair, maintenance, insurance and other operating

expenses of buildings and improvements owned, used or occupied by or

on behalf of the Oklahoma Capitol Improvement Authority, where the

services are carried out by contract with the Authority.
Okla. Stat. tit. 73, § 73-98.7 — OK Code / Title 73 / Section 73-98.7
Financial report - Termination of commission, transfer of
Status: in_force

powers.

A. The Oklahoma Capitol Complex and Centennial Commemoration

Commission shall submit a financial report of the activities of the

Commission to the Governor, the Speaker of the House of

Representatives, and the President Pro Tempore of the Senate by

March 31, 2008. The financial report shall include a summary and

accounting of all centennial projects and activities funded by the

Commission, the final budget for the Commission, a list of any

outstanding or anticipated obligations, and the anticipated balance

of any monies remaining after July 1, 2008, in any funds designated

for the Commission.

B. Upon termination of the Oklahoma Capitol Complex and

Centennial Commemoration Commission on July 1, 2008, any remaining

rights and responsibilities of the Commission, including the rights

and responsibilities of the Oklahoma Capitol Complex and Centennial

Commemoration Commission Revolving Fund created in Section 98.5 of

Title 73 of the Oklahoma Statutes shall be transferred to the

Oklahoma Department of Commerce. The transfer shall include all

property, furniture, equipment, supplies, records, current and

Oklahoma Statutes - Title 73. State Capital and Capitol Building Page 30

future liabilities, fund balances, encumbrances, obligations, and

indebtedness associated with the Commission on July 1, 2008.
Okla. Stat. tit. 73, § 73-187A-12 — OK Code / Title 73 / Section 73-187A-12
Utilization of LCF funds for Department of Public
Status: in_force

Safety training center and 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 Title 73 of the Oklahoma Statutes, in the amount of

Seventy-four Million Dollars ($74,000,000.00) for the benefit of

Department of Public Safety to further the construction of a

centralized training center and related facilities.

B. LCF Recapitalization Payments shall be made related to the

distribution of proceeds provided in subsection A of this act, in

accordance with the provisions of the Legacy Capital Financing Act.

C. The Authority may distribute funds authorized pursuant to

subsection A 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.
Okla. Stat. tit. 73, § 73-179 — OK Code / Title 73 / Section 73-179
1995 Tourism Bond Revolving Fund
Status: in_force

Oklahoma Statutes - Title 73. State Capital and Capitol Building Page 73

A. There is hereby created in the State Treasury a revolving

fund for the Oklahoma Tourism and Recreation Department, to be

designated the "1995 Tourism Bond Revolving Fund". The fund shall

be a continuing fund, not subject to fiscal year limitations, and

shall consist of all revenues generated pursuant to the provisions

of Section 178 of this title, which are not otherwise committed for

other lawful purposes. All monies accruing to the credit of the

fund are hereby appropriated and may be budgeted and expended by the

Oklahoma Tourism and Recreation Department for purposes of retiring

the debt created pursuant to Section 178 of this title.

Expenditures from the fund shall be made upon warrants issued by the

State Treasurer against claims filed as prescribed by law with the

Director of the Office of Management and Enterprise Services for

approval and payment.

B. Any revenues generated pursuant to Section 178 of this

title, and not expended for purposes of meeting the requirements of

subsection A of this section, may be expended for paying the

operations and maintenance expenses for facilities created pursuant

to Section 178 of this title.

C. The Oklahoma Tourism and Recreation Department shall submit

an annual report to the President Pro Tempore of the Senate, the

Speaker of the House of Representatives, and the Governor detailing

the revenues generated and detailing the operating and maintenance

expenses in the previous fiscal year which are attributable to the

repairs, refurbishments and improvements to Oklahoma Tourism and

Recreation Department properties pursuant to Section 178 of this

title. Such report shall be submitted before August 1 of each year.
Okla. Stat. tit. 73, § 73-187A-9 — OK Code / Title 73 / Section 73-187A-9
Utilization of LCF funds for Oklahoma State University
Status: in_force

— Life sciences 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

Oklahoma Statutes - Title 73. State Capital and Capitol Building Page 88

Section 187B of Title 73 of the Oklahoma Statutes, in the amount of

Eighty Million Dollars ($80,000,000.00) for the benefit of Oklahoma

State University to construct, refurbish, or expand facilities

utilized to provide education in the fields of life sciences.

B. LCF Recapitalization Payments shall be made by Oklahoma

State University 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.
Okla. Stat. tit. 73, § 73-701 — OK Code / Title 73 / Section 73-701
Authority to issue obligations to acquire real and
Status: in_force

personal property for the Office of Juvenile Affairs.

A. In addition to any other authorization provided by law, but

subject to the approval process prescribed by Section 1 of this act

and the delivery of a memorandum as described by subsection C of

Section 1 of this act authorizing the issuance of obligations, the

Oklahoma Capitol Improvement Authority is authorized to issue

obligations to acquire real property, together with improvements

located thereon, and personal property to construct improvements to

real property and to provide funding for repairs, refurbishments and

improvements to real and personal property of the Office of Juvenile

Affairs sufficient to generate net proceeds in the amount of Forty-

five Million Dollars ($45,000,000.00).

B. The Authority may hold title to the property and

improvements until such time as any obligations issued for this

purpose are retired or defeased and may lease the property and

improvements to the Office of Juvenile Affairs. Upon final

redemption or defeasance of the obligations created pursuant to this

section, title to the property and improvements shall be transferred

from the Oklahoma Capitol Improvement Authority to the Office of

Juvenile Affairs.

C. For the purposes of paying the costs for construction of the

real property and improvements, and providing funding for the

project authorized in subsection A of this section, and for the

purpose authorized in subsection D of 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 such property and

improvements and, in anticipation of the collection of such income

and revenues, to issue negotiable obligations in a total amount

sufficient to generate net proceeds of Forty-five Million Dollars

($45,000,000.00) whether issued in one or more series. The

Authority is authorized to capitalize interest on the obligations

issued pursuant to this section for a period of not to exceed one

Oklahoma Statutes - Title 73. State Capital and Capitol Building Page 166

(1) year from the date of issuance. For subsequent fiscal years, it

is the intent of the Legislature to appropriate to the Office of

Juvenile Affairs sufficient monies to make rental payments for the

purpose of retiring the obligations created pursuant to this

section. To the extent funds are available from the proceeds of the

borrowing authorized by this subsection, the Oklahoma Capitol

Improvement Authority shall provide for the payment of professional

fees and associated costs related to the project authorized in

subsection A of this section; provided, that no such fees or costs

may be paid if such payments would jeopardize the tax-advantaged

status of the bonds under federal law.

D. The Authority may issue obligations in one or more series

and in conjunction with other issues of the Authority. The

Authority is authorized to hire bond counsel, financial consultants,

and such other professionals as it may deem necessary to provide for

the efficient sale of the obligations and may utilize a portion of

the proceeds of any borrowing to create such reserves as may be

deemed necessary and to pay costs associated with the issuance and

administration of such obligations.

E. The obligations authorized under this section may be sold at

either competitive or negotiated sale, as determined by the

Authority, and in such form and at such prices as may be authorized

by the Authority. The Authority may enter into agreements with such

credit enhancers and liquidity providers as may be determined

necessary to efficiently market the obligations. The obligations

may mature and have such provisions for redemption as shall be

determined by the Authority, but in no event shall the final

maturity of such obligations occur later than twenty-five (25) years

from the first principal maturity date.

F. Any interest earnings on funds or accounts created for the

purposes of this section may be utilized as partial payment of the

annual debt service or for the purposes directed by the Authority.

G. The obligations issued under this section, the transfer

thereof and the interest earned on such obligations, including any

profit derived from the sale thereof, shall not be subject to

taxation of any kind by the State of Oklahoma, or by any county,

municipality or political subdivision therein.

H. The Authority may direct the investment of all monies in any

funds or accounts created in connection with the offering of the

obligations authorized under this section. Such investments shall

be made in a manner consistent with the investment guidelines of the

State Treasurer. The Authority may place additional restrictions on

the investment of such monies if necessary to enhance the

marketability of the obligations.

I. Insofar as they are not in conflict with the provisions of

this section, the provisions of Section 151 et seq. of Title 73 of

the Oklahoma Statutes shall apply to this section.

Oklahoma Statutes - Title 73. State Capital and Capitol Building Page 167
Okla. Stat. tit. 73, § 73-187A-2 — OK Code / Title 73 / Section 73-187A-2
Utilization of LCF funds for the Oklahoma State
Status: in_force

University Veterinary Medicine Authority.

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

Enrolled House Bill No. 1002 of the 1st Extraordinary Session of the

59th Oklahoma Legislature, in the amount of Seventy-nine Million

Dollars ($79,000,000.00) for the benefit of the Oklahoma State

University Veterinary Medicine Authority (OSUVMA) created pursuant

to Enrolled House Bill No. 2863 of the 1st Session of the 59th

Oklahoma Legislature to construct, refurbish, or expand animal

teaching hospitals and related facilities.

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.
Okla. Stat. tit. 73, § 73-187A-8 — OK Code / Title 73 / Section 73-187A-8
Utilization of LCF funds for the University of Oklahoma
Status: in_force

— Engineering 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 Title 73 of the Oklahoma Statutes, in the amount of

Eighty Million Dollars ($80,000,000.00) for the benefit of the

University of Oklahoma to construct or expand facilities utilized in

the instruction of engineering curriculum to increase capacity for

research, experiential learning, and engineering collaboration

spaces.

B. LCF Recapitalization Payments shall be made by the

University of Oklahoma 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.
Okla. Stat. tit. 73, § 73-24 — OK Code / Title 73 / Section 73-24
Flags at south plaza entrance
Status: in_force

The Office of Management and Enterprise Services shall display

the current flag of the United States of America, an Oklahoma state

flag adopted by the Oklahoma Legislature, the American Ex-Prisoner

of War flag, a flag to commemorate the centennial of the State of

Oklahoma, or a combination thereof at the discretion of the Governor

on the fourteen flag poles located at the south plaza entrance to

the State Capitol Building in the area bounded by the south Capitol

Building steps on the north and by Northeast 22nd Street on the

south. The flags shall be displayed in a dignified manner every day

except when the weather is inclement.
Okla. Stat. tit. 73, § 73-23 — OK Code / Title 73 / Section 73-23
Violation a misdemeanor - Punishment
Status: in_force

Any person who willfully violates the provisions of this act is

guilty of a misdemeanor and punishable by imprisonment in the county

jail, not to exceed one (1) year, or by fine not to exceed Five

Hundred Dollars ($500.00), or both, imprisonment and fine.
Okla. Stat. tit. 73, § 73-19 — OK Code / Title 73 / Section 73-19
Oklahoma State Capitol Building Repair and Restoration
Status: in_force

Fund.

A. There is hereby created in the State Treasury a fund for the

Office of Management and Enterprise Services to be known as the

"Oklahoma State Capitol Building Repair and Restoration Fund". The

fund shall be a continuing fund, not subject to fiscal year

limitations, and shall consist of all monies deposited to the fund

pursuant to law. All monies accruing to the credit of said fund are

hereby appropriated and may be budgeted and expended only for the

purposes authorized by subsection B of this section. Expenditures

from said fund shall be made upon warrants issued by the State

Treasurer against claims filed as prescribed by law with the

Director of the Office of Management and Enterprise Services for

approval and payment.

B. Monies in the Oklahoma State Capitol Building Repair and

Restoration Fund shall be expended for the repair and restoration of

the Oklahoma State Capitol building upon the recommendation of the

Long-Range Capital Planning Commission and separate from the annual

capital budget as referenced in Section 901 of Title 62 of the

Oklahoma Statutes. Upon the Legislature's determination that the

repair and restoration of the Oklahoma State Capitol building is

complete, any remaining monies in the Oklahoma State Capitol

Building Repair and Restoration Fund shall be transferred to the

Maintenance of State Buildings Revolving Fund established in Section

61.7 of Title 74 of the Oklahoma Statutes.

C. Notwithstanding any other provision of law, there shall be

apportioned to the Oklahoma State Capitol Building Repair and

Restoration Fund from the monies that would otherwise be apportioned

pursuant to the provisions of Section 2352 of Title 68 of the

Oklahoma Statutes, revenue derived pursuant to subsections B, C and

D of Section 2355 of Title 68 of the Oklahoma Statutes, a sum of

Sixty Million Dollars ($60,000,000.00) for each of the fiscal years

beginning on July 1, 2013, and July 1, 2014. Such apportionment

shall be made in amounts and at such times as it is requested by the

Director of the Office of Management and Enterprise Services.
Okla. Stat. tit. 73, § 73-304 — OK Code / Title 73 / Section 73-304
Completion of Native American Cultural Center Museum -
Status: in_force

Issuance of obligations.

A. In addition to any other authorization provided by law, the

Oklahoma Capitol Improvement Authority is authorized to issue

obligations to acquire real property, together with improvements

located thereon, and personal property, to construct buildings and

other improvements to real property and to provide funding for

improvements to real and personal property and for funding for

construction of a Native American Cultural Center for the Native

American Cultural and Educational Authority in a total amount not to

exceed Thirty-three Million Dollars ($33,000,000.00) with debt

retirement payments to be made as provided herein.

B. The Authority may hold title to the real and personal

property and improvements until such time as any obligations issued

for this purpose are retired or defeased and may lease the real

property and improvements to the agencies indicated herein. Upon

final redemption or defeasance of the obligations created pursuant

to this section, title to the real and personal property and

improvements shall be transferred from the Oklahoma Capitol

Improvement Authority to the Native American Cultural and

Educational Authority.

C. For the purpose of paying the costs for acquisition and

construction of the real property and improvements and personal

property and making the improvements to real and personal property,

and providing funding for the project authorized in subsection A of

this section, for the purpose authorized in subsection D of this

section, and subject to the provisions of subsection J of 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

such real and personal property and improvements and, in

Oklahoma Statutes - Title 73. State Capital and Capitol Building Page 111

anticipation of the collection of such income and revenues, to issue

negotiable obligations in a total amount not to exceed Thirty-three

Million Dollars ($33,000,000.00) whether issued in one or more

series. For the fiscal year ending June 30, 2008, and subsequent

fiscal years, it is the intent of the Legislature to appropriate to

the Native American Cultural and Educational Authority sufficient

monies to make rental payments for the purposes of retiring the

obligations created pursuant to this section. To the extent funds

are available from the proceeds of the borrowing authorized by this

subsection, the Oklahoma Capitol Improvement Authority shall provide

for the payment of professional fees and associated costs related to

the projects authorized in subsection A of this section.

D. The Authority may issue obligations in one or more series

and in conjunction with other issues of the Authority. The

Authority is authorized to hire bond counsel, financial consultants,

and such other professionals as it may deem necessary to provide for

the efficient sale of the obligations and may utilize a portion of

the proceeds of any borrowing to create such reserves as may be

deemed necessary and to pay costs associated with the issuance and

administration of such obligations.

E. The obligations authorized under this section may be sold at

either competitive or negotiated sale, as determined by the

Authority, and in such form and at such prices as may be authorized

by the Authority. The Authority may enter into agreements with such

credit enhancers and liquidity providers as may be determined

necessary to efficiently market the obligations. The obligations

may mature and have such provisions for redemption as shall be

determined by the Authority, but in no event shall the final

maturity of such obligations occur later than thirty (30) years from

the first principal maturity date.

F. Any interest earnings on funds or accounts created for the

purposes of this section may be utilized as partial payment of the

annual debt service or for the purposes directed by the Authority.

G. The obligations issued under this section, the transfer

thereof and the interest earned on such obligations, including any

profit derived from the sale thereof, shall not be subject to

taxation of any kind by the State of Oklahoma, or by any county,

municipality or political subdivision therein.

H. The Authority may direct the investment of all monies in any

funds or accounts created in connection with the offering of the

obligations authorized under this section. Such investments shall

be made in a manner consistent with the investment guidelines of the

State Treasurer. The Authority may place additional restrictions on

the investment of such monies if necessary to enhance the

marketability of the obligations.

Oklahoma Statutes - Title 73. State Capital and Capitol Building Page 112

I. Insofar as they are not in conflict with the provisions of

this section, the provisions of Section 151 et seq. of Title 73 of

the Oklahoma Statutes shall apply to this section.

J. The authorization to borrow money and issue negotiable

obligations granted by this section is subject to the following

restrictions:

1. The obligations must be issued by June 30, 2005; and

2. There is no present legislative intent to appropriate funds

for necessary rental payments for the purpose of retiring

obligations created pursuant to this section during the fiscal years

ending on or before June 30, 2007. The funds for such payments must

be acquired by the Native American Cultural and Educational

Authority prior to issuance of any obligations pursuant to this

section.
Okla. Stat. tit. 73, § 73-15.4 — OK Code / Title 73 / Section 73-15.4
Friends of the Capitol – Not-for-profit corporation
Status: in_force

A. There is hereby authorized the creation of a not-for-profit

corporation to be known as "Friends of the Capitol" to raise funds

and to assist in the preservation and enhancement of the Oklahoma

Capitol and surrounding areas as defined in Section 1 of this title.

B. The board of directors of the corporation authorized in

subsection A of this section shall choose its own chairperson.

C. After proper incorporation, the not-for-profit corporation

is authorized and directed to apply for tax-exempt status under

Section 501(c)(3) of the Internal Revenue Code (26 U.S.C., Section

501(c)(3)).

D. In addition to funds received from the general public or

other public and private sources, the not-for-profit corporation may

receive funds from state agencies at such times and in such amounts

as may be appropriated by the Legislature for the Oklahoma Capitol

or made available to the corporation from state agencies from their

sources of revenue.

E. Costs to underwrite activities related to the preservation

and enhancement of the Oklahoma Capitol may be borne from revenues

of the not-for-profit corporation.

F. Upon the incorporation, the not-for-profit corporation shall

be authorized to hire staff and name advisory groups or steering

committees as necessary to assist in the preservation and

enhancement of the Oklahoma Capitol.

G. The corporation shall coordinate preservation and

enhancement projects in conjunction with and the consent of the

Capitol Preservation Commission and the Office of Management and

Enterprise Services.
Okla. Stat. tit. 73, § 73-155 — OK Code / Title 73 / Section 73-155
Sale of bonds to public - Bids - Deposit
Status: in_force

In the event said bonds, or some portion thereof, are not sold

to the State Treasurer or other state funds, departments and

agencies as authorized in Section 4 hereof, then the Authority is

authorized to advertise said bonds, or the unsold portion thereof,

for sale to other bidders and to sell said bonds, or the unsold

portion thereof, in the manner hereinafter provided. Notice of such

sale shall be published at least thirty (30) days prior to the date

fixed for such sale. Such notice shall be published for at least

two (2) consecutive weeks in a newspaper having general circulation

in the State of Oklahoma, and at least once in a financial

periodical or newspaper known to have general circulation among bond

dealers and bond purchasers. Such notice shall state the time and

place where and when the Authority will receive written bids for the

purchase of the bonds so offered for sale and shall also state that

the bonds will be sold to the bidder bidding the lowest interest

rate to the State of Oklahoma, stating also, however, that the

Authority may, in its discretion, reject all bids submitted and

readvertise the bonds for sale. Such notice may contain such other

conditions, information and details as the Authority deems

appropriate and desirable to secure understanding of the offer and

to assure maximum competition between bidders. Upon acceptance of

the low bid, the bonds shall be issued in accordance therewith and

shall be delivered to said purchaser upon payment of the purchase

price thereof, which shall be not less than par plus accrued

interest to date of delivery. Provided, however, no tender of the

bonds shall be valid until after the expiration of the period of

contestability provided for herein. All bidders shall be required

to submit with their bids such good faith deposit as may to the

Authority seem appropriate. Upon the acceptance of a bid, the

Authority shall return to all of the unsuccessful bidders the

deposits so made by them. All such deposits shall be made upon the

agreement that the deposit made by the successful bidder shall

become the property of the Authority, and shall be credited upon the

purchase price of the bonds so sold and with the further agreement

Oklahoma Statutes - Title 73. State Capital and Capitol Building Page 42

that if the purchaser shall fail for five (5) days after tender of

the bonds to pay the balance of the purchase price, said sale shall

be thereby annulled and the deposit shall in such event be retained

by the Authority and credited to the Oklahoma Capitol Improvement

Authority Fund.
Okla. Stat. tit. 73, § 73-177 — OK Code / Title 73 / Section 73-177
Renovation of certain facilities
Status: in_force

A. The Oklahoma Capitol Improvement Authority may make repairs

to Department of Corrections facilities; renovate and refurbish

facilities at Eastern State Hospital located at Vinita, Oklahoma for

use by the Department of Corrections to house state inmates;

renovate and refurbish facilities at Eastern State Hospital located

at Vinita, Oklahoma for use by the Department of Mental Health to

house mentally ill patients; and construct and renovate facilities

for juvenile detention and treatment. 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 Oklahoma Department of

Corrections, Department of Mental Health, and Department of Human

Services or the Department of Juvenile Justice, whichever is

appropriate. Project costs are allocated in the following amounts:

Infrastructure repairs -

Department of Corrections $11,000,000.00

Facility renovation -

Department of Corrections $2,420,000.00

Facility renovation -

Department of Mental Health $580,000.00

Juvenile detention facilities -

Department of Human Services $4,500,000.00

Total $18,500,000.00

B. For the purpose of paying the costs of the projects

authorized in subsection A of this section, the Authority is hereby

authorized to borrow monies on the credit of the income and revenues

to be derived from such projects and, in anticipation of the

collection of such income and revenues, to issue negotiable bonds

not to exceed the sum of Seventeen Million Five Hundred Thousand

Dollars ($17,500,000.00) as may be determined by the Authority. The

Authority may retain such legal counsel as it deems necessary for

this purpose. It is the intent of the Legislature to appropriate to

the Oklahoma Department of Corrections, Department of Mental Health,

and Department of Human Services sufficient monies to make payments

to the Authority for purposes of retiring the debt created pursuant

to this section.

C. The interest rate on the bonds issued pursuant to this

section shall not exceed seven and three-quarters percent (7.75%)

per annum.

D. The Authority may issue the bonds in one or more series.

E. The State Treasurer shall buy, and the Authority shall sell

to the State Treasurer at private sale, the bonds authorized by this

section. The Authority shall fix the rate of interest the bonds

shall bear, such rate of interest not to exceed the maximum

specified in this section. All interest earned on the bonds held by

Oklahoma Statutes - Title 73. State Capital and Capitol Building Page 69

the State Treasurer, as collected, shall be paid into the General

Revenue Fund.

F. Insofar as they are not in conflict with the provisions of

this section, the provisions of Section 151 et seq. of this title

shall apply to this section.

G. The Department of Corrections is hereby authorized to expend

up to One Million Dollars ($1,000,000.00) of the interest earned

from investment of the proceeds of the bonds authorized by

subsection B of this section for the purpose of paying the costs of

the infrastructure repairs of the Department of Corrections

authorized in subsection A of this section less any amount necessary

to meet any rebate requirements of the federal government.
Okla. Stat. tit. 73, § 73-216 — OK Code / Title 73 / Section 73-216
Denver N. Davison Building - Marker
Status: in_force

The Oklahoma Capitol Improvement Authority shall cause a

suitable marker to be placed on the new Oklahoma Courts Building

designating it as the "Denver N. Davison Building".
Okla. Stat. tit. 73, § 73-335 — OK Code / Title 73 / Section 73-335
Repair and restoration of flood-damaged areas - Acquistion
Status: in_force

of property - Funding.

A. The Oklahoma Capitol Improvement Authority (OCIA) is

authorized to acquire real property or interests therein, together

with improvements located thereon, and personal property for

purposes of construction, repair and rehabilitation of flood-control

dams, repair of roadside water erosion, riparian restoration and

purchase of necessary equipment in various counties through and with

the assistance of local conservation districts, including

restoration of flood-damaged areas, all pursuant to the Conservation

District Act, with debt retirement payments to be made by the

Oklahoma Conservation Commission, which is hereby authorized to

borrow money from the OCIA for the purposes in this section.

The OCIA may hold title to the real property and improvements

until such time as any obligations issued for this purpose are

retired or defeased and may lease the real property and improvements

to the Oklahoma Conservation Commission. Upon final redemption or

defeasance of the obligations created pursuant to this section,

title to the real property and improvements shall be transferred

Oklahoma Statutes - Title 73. State Capital and Capitol Building Page 129

from the Oklahoma Capitol Improvement Authority to the Oklahoma

Conservation Commission.

B. For the purpose of paying the costs for acquisition of the

real property and improvements and personal property authorized in

subsection A of this section, and for the purpose authorized in

subsection C of this section, the OCIA is hereby authorized to

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

from the leasing of such real property and improvements and, in

anticipation of the collection of such income and revenues, to issue

negotiable obligations in an amount sufficient to generate net

proceeds of Twenty-five Million Dollars ($25,000,000.00) after

providing for costs of issuance, credit enhancement, reserves, and

other associated expenses related to the financing. It is the

intent of the Legislature to appropriate to the Oklahoma

Conservation Commission sufficient monies to make rental payments

for the purposes of retiring the obligations created pursuant to

this section.

C. To the extent funds are available from the proceeds of the

borrowing authorized by subsection B of this section, the OCIA shall

provide for the payment of professional fees and associated costs

approved by the OCIA.

D. The OCIA may issue obligations in one or more series and in

conjunction with other issues of the OCIA. The OCIA is authorized

to hire bond counsel, financial consultants, and such other

professionals as it may deem necessary to provide for the efficient

sale of the obligations and may utilize a portion of the proceeds of

any borrowing to create such reserves as may be deemed necessary and

to pay costs associated with the issuance and administration of such

obligations.

E. The obligations authorized under this section may be sold at

either competitive or negotiated sale, as determined by the OCIA,

and in such form and at such prices as may be authorized by the

OCIA. The OCIA may enter into agreements with such credit enhancers

and liquidity providers as may be determined necessary to

efficiently market the obligations. The obligations may mature and

have such provisions for redemption as shall be determined by the

OCIA, but in no event shall the final maturity of such obligations

occur later than fifteen (15) years from the first principal

maturity date.

F. Any interest earnings on funds or accounts created for the

purposes of this section may be utilized as partial payment of the

annual debt service or for the purposes directed by the OCIA.

G. The obligations issued under this section, the transfer

thereof and the interest earned on such obligations, including any

profit derived from the sale thereof, shall not be subject to

taxation of any kind by the State of Oklahoma, or by any county,

municipality or political subdivision therein.

Oklahoma Statutes - Title 73. State Capital and Capitol Building Page 130

H. The OCIA may direct the investment of all monies in any

funds or accounts created in connection with the offering of the

obligations authorized under this section. Such investments shall

be made in a manner consistent with the investment guidelines of the

State Treasurer. The OCIA may place additional restrictions on the

investment of such monies if necessary to enhance the marketability

of the obligations.
Okla. Stat. tit. 73, § 73-187A-5 — OK Code / Title 73 / Section 73-187A-5
Utilization of LCF funds for Office of Management and
Status: in_force

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.

Oklahoma Statutes - Title 73. State Capital and Capitol Building Page 86

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.
Okla. Stat. tit. 73, § 73-99.12 — OK Code / Title 73 / Section 73-99.12
Definitions
Status: in_force

As used in the Oklahoma Historic Capitols Preservation Act:

1. “Commission” means the Oklahoma Capitol Complex and

Centennial Commemoration Commission;

2. “Fund” means the Oklahoma Historic Capitols Preservation Act

Revolving Fund;

3. “Historic capitol building” means a former state capitol or

a former or current Native American capitol that is listed on the

National Register of Historic Places at the time that an application

for a grant from the Oklahoma Historic Capitols Preservation Program

is submitted;

Oklahoma Statutes - Title 73. State Capital and Capitol Building Page 31

4. “Preservation” means identification, evaluation,

recordation, documentation, curation, acquisition, protection,

management, restoration, rehabilitation, stabilization,

reconstruction, maintenance, research, conservation, education, and

training regarding activities or any combination of the foregoing

activities;

5. “Program” means the Oklahoma Historic Capitols Program;

6. “Rehabilitation” means the act or process of returning a

property to a state of utility through repair or alteration which

makes possible an efficient contemporary use while preserving those

portions or features of a property which are significant to its

historical, architectural, and cultural values;

7. “Society” means the Oklahoma Historical Society; and

8. “Standards” means the “Secretary of the Interior’s Standards

for Rehabilitation” which are the ten basic principles established

by the United States Secretary of the Interior and which are

recommended in the planning and execution of projects which alter

historic buildings.
Okla. Stat. tit. 73, § 73-157 — OK Code / Title 73 / Section 73-157
Bonds as legal investment for bank, trust or insurance
Status: in_force

companies.

Any bank, trust or insurance company organized under the laws of

Oklahoma may invest its capital, surplus and reserve funds and other

funds under its control in bonds issued under the provisions of this

act.
Okla. Stat. tit. 73, § 73-187A-13 — OK Code / Title 73 / Section 73-187A-13
Utilization of LCF funds for the University Hospitals
Status: in_force

Authority.

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 Title 73 of the Oklahoma Statutes, in the amount of

Two Hundred Million Dollars ($200,000,000.00) for the benefit of

Oklahoma Statutes - Title 73. State Capital and Capitol Building Page 90

University Hospitals Authority to construct, refurbish, or expand

hospital facilities associated with the specialization of diagnosing

and treatment of heart conditions in children, commonly referred to

as a "pediatric heart hospital".

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, provided that the twenty-year recapitalization period and

associated recapitalization payments shall not begin until the state

fiscal year beginning July 1, 2026.

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.