reglab/housing_qa huggingface dataset:
11 OK Stat § 11-38-113 (2021)
2021 Oklahoma Statutes|Title 11. Cities and Towns|§11-38-113. Acquisition of property other than by means of eminent domain - Payment of taxes - Excess property.

|Whenever the municipal governing body shall have determined by resolution that an area within the municipality is appropriate for an urban renewal project, then, regardless of whether or not an urban renewal plan for such area has been approved under the provisions of this article, the municipality or the Urban Renewal Authority within the municipality may acquire real property at any time within such area by means other than the exercise of the power of eminent domain. In order to qualify for financial assistance from the Federal Government in making such acquisition, and regardless of any other provisions of the laws of the State of Oklahoma, the municipal governing body may assume the responsibility to the Federal Government to bear any loss that may arise as a result of such acquisition in the event the property so acquired is not used for urban renewal purposes because an urban renewal plan for the project area is not approved, or is amended to omit any of the acquired property, or is abandoned for any reason. It is further provided that in the event of an advance acquisition of any improved property as herein provided the Urban Renewal Authority or governing body, as the case may be, acquiring the property shall be responsible for and pay any accruing ad valorem taxes becoming due or owing until such time as the property is incorporated in an approved urban renewal plan or converted to another public use. Any property so acquired shall be subject to all other provisions of this article the same as property otherwise acquired, except that in the event the property so acquired is not used for urban renewal purposes because an urban renewal plan for the project area is not approved, or is amended to omit any of the acquired property, or is abandoned for any reason, the property may be disposed of under such reasonable competitive bidding procedures as the municipal governing body shall prescribe, or such property may be converted to any other public use. |Laws 1977, c. 256, § 38-113, eff. July 1, 1978.
11 OK Stat § 11-38-116 (2021)
2021 Oklahoma Statutes|Title 11. Cities and Towns|§11-38-116. Notes or other obligations as legal investments.

|All banks, trust companies, bankers, savings banks and institutions, building and loan associations, savings and loan associations, investment companies and other persons carrying on a banking or investment business; all insurance companies, insurance associations, and other persons carrying on an insurance business; and all executors, administrators, curators, trustees, and other fiduciaries, may legally invest in sinking funds, moneys, or other funds belonging to them or within their control in any notes or other obligations issued by a municipality or an Urban Renewal Authority pursuant to this article and vested with urban renewal project powers under this article; Provided, that such notes, bonds or other obligations may be secured by an agreement between the issuer and the Federal Government in which the issuer agrees to borrow from the Federal Government and the Federal Government agrees to lend to the issuer, prior to the maturity of such notes, bonds or other obligations, moneys in an amount which (together with any other moneys irrevocably committed to the payment of interest on such notes, bonds or other obligations) will suffice to pay the principal of such notes, bonds or other obligations with interest to maturity thereon, which moneys under the terms of said agreements are required to be used for the purpose of paying the principal and interest of such notes, bonds or other obligations at their maturity. Such notes, bonds and other obligations shall be authorized security for all public deposits. It is the purpose of this section to authorize any persons, political subdivision and officers, public or private, to use any funds owned or controlled by them for the purchase of any such notes, bonds or other obligations. Nothing contained in this section with regard to legal investments shall be construed as relieving any person of any duty of exercising reasonable care in selecting securities. |Laws 1977, c. 256, § 38-116, eff. July 1, 1978.
11 OK Stat § 11-38-118 (2021)
2021 Oklahoma Statutes|Title 11. Cities and Towns|§11-38-118. Personal interest of public officials or employees in project or property.

|No public official or employee of a municipality (or Board or Commission thereof), and no Commissioner or employee of an Urban Renewal Authority which has been vested by a municipality with urban renewal project powers under this article, shall voluntarily acquire any personal interest, direct or indirect, in any urban renewal project, or in any property that is to be acquired or developed with public finance assistance and that is included or planned to be included in any urban renewal project of such municipality or in any contract or proposed contract in connection with such urban renewal project. Where such acquisition is not voluntary, the interest acquired shall be immediately disclosed in writing to the municipal governing body. If such official, Commissioner or employee presently owns or controls, or owned or controlled within the preceding two (2) years, any interest, direct or indirect, in any property which he knows is included or planned to be included in an urban renewal project, he shall immediately disclose this fact in writing to the municipal governing body, and any such officials, Commissioner or employee shall not participate in any action by the municipality (or Board or Commission thereof), or Urban Renewal Authority affecting such property. This section shall not preclude acquisition of a residence, acquisition of any property after issuance of a certificate of completion, or agreement to redevelop in accordance with the objectives of such urban renewal project, provided such official, Commissioner, or employee discloses any actual or prospective interest and does not participate in any official action approving such agreement. The disclosure required to be made by this section to the municipal governing body shall concurrently be made to the Urban Renewal Authority which has been vested with urban renewal project powers by the municipality pursuant to the provisions of this article. No Commissioner or other officer of any Urban Renewal Authority, Board or Commission exercising the powers pursuant to this article shall hold any other public office under the municipality other than his commissionership or office with respect to such Urban Renewal Authority. |Added by Laws 1977, c. 256, § 38-118, eff. July 1, 1978. Amended by Laws 2005, c. 210, § 1, emerg. eff. May 23, 2005; Laws 2008, c. 367, § 7, eff. Nov. 1, 2008.
11 OK Stat § 11-38-119 (2021)
2021 Oklahoma Statutes|Title 11. Cities and Towns|§11-38-119. Law governing.

|Insofar as the provisions of this article are inconsistent with the provisions of any other law, the provisions of this article shall be controlling. The powers conferred by this article shall be in addition and supplemental to the power conferred by any other law. |Laws 1977, c. 256, § 38-119, eff. July 1, 1978.
11 OK Stat § 11-38-120 (2021)
2021 Oklahoma Statutes|Title 11. Cities and Towns|§11-38-120. Designation of tax increment allocation district.

|A. At the time of adoption of an urban renewal plan pursuant to this act, or subsequent thereto, the municipal governing body may designate the urban renewal area to be a tax increment allocation district by either resolution or ordinance. |B. Before a municipality may designate a tax increment allocation district, the municipal governing body shall hold a public hearing thereon, after public notice thereof by publication at least one time not less than fifteen (15) days prior to the date of such public hearing, in a newspaper having general circulation in the area of operation of the municipality, and by posting not less than five public notice signs, each having at least nine (9) square feet of display area, for a period of fifteen (15) successive days including the day of the public hearing for which notice is being given, in the area to be included in the proposed tax increment allocation district. Public notice may be combined with public notice of a hearing on an urban renewal plan or an amendment thereto.C. Following such hearing, the municipal governing body may designate an urban renewal area to be a tax increment allocation district if it finds that the designation of such district is necessary or desirable in achieving the objectives of one or more urban renewal or urban redevelopment projects.Added by Laws 1983, c. 310, § 3, eff. Nov. 1, 1983.
11 OK Stat § 11-38-121 (2021)
2021 Oklahoma Statutes|Title 11. Cities and Towns|§11-38-121. Costs of urban renewal or redevelopment projects and repayment of interest and principal interest on bonds.

|Notwithstanding any other statutory provision, it is hereby stated that the costs of undertaking and carrying out urban renewal or urban redevelopment projects and the repayment of interest and principal on bonds issued under this act are valid and lawful objects to which any revenue derived from ad valorem taxes levied under subsection (a) of Section 9 of Article X of the Oklahoma Constitution and not apportioned for the use of school districts under subsection (a) of Section 9 of Article X of the Oklahoma Constitution or Section 2495 of Title 68 of the Oklahoma Statutes, may be applied. |Added by Laws 1983, c. 310, § 4, eff. Nov. 1, 1983.
11 OK Stat § 11-38-122 (2021)
2021 Oklahoma Statutes|Title 11. Cities and Towns|§11-38-122. Certain documents to be transmitted to county clerk, assessor and treasurer - Valuation of real property.

|A. After the designation by the municipal governing body of a tax increment allocation district, the city clerk shall transmit a copy of the description of the district, a copy of the resolution or ordinance designating the district and a map or plat indicating the boundaries of the district to the clerk, assessor and treasurer of the county in which the tax increment allocation district is located. These documents shall be transmitted as promptly as practicable following the designation of the district, but in any event on or before January 1 of the next year following the designation of the district. |B. As soon as possible after the documents referred to in subsection A of this section have been received by the county assessor's office, the county assessor shall assess the value of all real property located in the tax increment allocation district. This assessed valuation, hereinafter referred to as the "base year net assessed valuation", shall be certified to the county clerk and the city clerk on or before July 1 of the next year following the designation of any tax increment allocation district.Added by Laws 1983, c. 310, § 5, eff. Nov. 1, 1983.
11 OK Stat § 11-38-123 (2021)
2021 Oklahoma Statutes|Title 11. Cities and Towns|§11-38-123. Apportionment of mileage.

|For every year in which tax increment allocations are used by a city or an Urban Renewal Authority, the county excise board shall apportion to the city in which such tax increment allocation district is located, a part of the millage authorized by subsection (a) of Section 9 of Article X of the Oklahoma Constitution. The procedure for apportioning such millage shall be as follows: |1. Upon notice of such use by the city, the county assessor shall reassess the amount of increase from the base year net assessed valuation of real property within a tax increment allocation district and shall certify such amount to the county clerk and the county excise board before July 1 of each year. Such amount, to the extent not already included, shall be added to the net assessed valuation of the tax increment allocation district and the total shall be referred to as the current year net assessed valuation;2. The county excise board shall then determine the amount to be apportioned. The procedure for determining such amount shall be as follows:a.compute the revenue derived from the tax increment allocation district's base year net assessed valuation by multiplying the total millage levied during the prior year against the base year net assessed valuation of the tax increment allocation district,b.compute the revenue derived from the tax increment allocation district's current year net assessed valuation by multiplying the total millage levied during the prior year against the current year net assessed valuation of the tax increment allocation district,c.compute the incremental tax revenue of the tax increment allocation district subtracting the revenue derived from the base year net assessed valuation from the revenue derived from the current year net assessed valuation, andd.divide the incremental tax revenue by the current year net assessed valuation of the city in which the tax increment allocation district is located.The result represents the amount of millage to be apportioned by the county excise board to the city in which the tax increment allocation district is located;3. The county excise board shall then apportion such amount to the city, for use for urban renewal and urban redevelopment purposes, in accordance with Section 2495 of Title 68 of the Oklahoma Statutes, provided that in no event shall the apportionment authorized by this section exceed one-half (1/2) mill; and4. Such allocations with respect to a tax increment allocation district shall terminate upon the expiration of thirty (30) years or such earlier date as may be determined by the municipality.Added by Laws 1983, c. 310, § 6, eff. Nov. 1, 1983.
11 OK Stat § 11-39-101 (2021)
2021 Oklahoma Statutes|Title 11. Cities and Towns|§11-39-101. Citation.

|This act may be cited as the Improvement District Act. |Added by Laws 1978, c. 233, § 1, emerg. eff. April 25, 1978.
11 OK Stat § 11-39-102 (2021)
2021 Oklahoma Statutes|Title 11. Cities and Towns|§11-39-102. Definitions.

|As used in the Improvement District Act, the singular includes the plural and: |1. “Acquired” means the acquisition of property or interests in property by purchase, gift, condemnation or other lawful means;2. “City” means any city or town incorporated pursuant to the laws of Oklahoma;3. “Engineer” means a city engineer, city official, employee or other person competent to advise and assist the governing body in planning and making an improvement;4. “Cost” means any cost necessarily or reasonably incurred in making the improvement, including but not limited to cost of:a.preparation of preliminary reports,b.preparation of plans and specifications,c.preparation and publication of notices of hearings, resolutions, ordinances and other proceedings,d.fees and expenses for engineers, attorneys, laborers and other personal services,e.rights-of-way, materials and other lawful expenses incurred in making any improvement, andf.capitalized interest, funding of reserves, premiums for reserve surety bonds, and obtaining bond insurance, letters of credit or other credit enhancements or liquidity instruments;5. “District” means an area designated by the governing body to be benefited by an improvement and subjected to payment of special assessments for all or a portion of the cost of the improvement;6. “Governing body” means the city council, city commission or board of trustees of an incorporated city or town;7. “Improve” means to construct, reconstruct, maintain, restore, replace, renew, repair, install, equip, extend, purchase, alter or otherwise perform any work which provides a new facility, or enhances, extends or restores the value or usefulness of an existing facility;8. “Improvement” means any type of improvement made by authority of this Improvement District Act and includes reimprovement of any prior improvement made pursuant to any other act;9. “Mail” means by first-class mail;10. “Trustee” means a city acting pursuant to this act;11. “Street” means any highway, street, alley, boulevard, avenue, right-of-way, public ground, or other public facility, or any part thereof; and12. “Publish” or “publication” means printing in a newspaper which maintains an office in the city or town and is of general circulation within the city or town, or, if there is no newspaper which maintains an office in the city or town, a newspaper of general circulation within the city or town and in two (2) separate issues thereof, at least seven (7) days apart.Laws 1978, c. 233, § 2, emerg. eff. April 25, 1978. Amended by Laws 2007, c. 362, § 4, eff. Nov. 1, 2007.
11 OK Stat § 11-39-103 (2021)
2021 Oklahoma Statutes|Title 11. Cities and Towns|§11-39-103. Creation of improvement districts - Purpose - Contents.

|The governing body of any city may create one or more districts for the purpose of making or causing to be made any improvement or combination of improvements that confer special benefit upon property within the district. Such improvement or combination of improvements may include the following, without limitation because of enumeration: |1. Acquisition of property or interest in property when necessary for any of the purposes authorized by the Improvement District Act;2. Opening, creating, widening and extending or altering of streets to improve paving, and surfacing, constructing and reconstructing gutters, curbs, sidewalks, crosswalks, driveway entrances and structures, drainage facilities, and service connections from sewers, water, gas, electricity and other utility mains, conduits or pipes;3. Constructing or improving main and lateral storm water drains and sanitary sewer systems and facilities;4. Installation or improvement of street lights and street lighting systems;5. Construction or improvement of water mains and waterworks systems;6. Improvement of parks, playgrounds and recreational facilities;7. Improvement of any street, parking or other facility by landscaping, or planting of trees, shrubs and other plants;8. Constructing or improving dikes, levees and other flood control works, gates, lift stations, bridges and streets appurtenant thereto;9. Constructing or improving vehicle and pedestrian bridges, overpasses and tunnels;10. Constructing or improving retaining walls and area walls on public ways or land abutting thereon;11. Constructing or improving property for off-street parking facilities, including construction and equipment of buildings thereon;12. Constructing or improving pedestrian malls; or13. Constructing or improving offsite facilities or infrastructure serving all or a portion of land within a district; notwithstanding that, such facilities or infrastructure may also serve areas outside a district, but subject to cost apportionment requirements of subsection A of Section 39-110 of this title.Added by Laws 1978, c. 233, § 3, emerg. eff. April 25, 1978. Amended by Laws 2007, c. 362, § 5, eff. Nov. 1, 2007.
11 OK Stat § 11-39-104 (2021)
2021 Oklahoma Statutes|Title 11. Cities and Towns|§11-39-104. Number of streets or areas included - Property assessed for improvement.

|Any district may include one or more streets or areas which need not be contiguous and may include two (2) or more types of improvements. Such improvements may be included in one (1) proceeding and constructed and financed as one improvement. The district shall include, for the purpose of assessment, all the property which the governing body determines is benefited by the improvement or improvements, including property utilized for public, governmental, burial, or charitable purposes, except property of any religious organization used primarily for religious purposes, or of the United States, or any agency, instrumentality or corporation thereof, in the absence of consent of Congress. The board of county commissioners, the governing body of a city, town, school district or any agency or institution of state government is authorized to pay the amount assessed against property under its ownership or control. |Added by Laws 1978, c. 233, § 4, emerg. eff. April 25, 1978. Amended by Laws 2003, c. 454, § 2, emerg. eff. June 6, 2003.
11 OK Stat § 11-39-105 (2021)
2021 Oklahoma Statutes|Title 11. Cities and Towns|§11-39-105. Assessments against property wholly within, partly within or wholly without or partly without boundary of city levying assessment - Contracts for improvements.

|A. Whenever the boundary of a city is upon or along any street which at that point lies wholly within, partly within or partly without or wholly outside of its boundary, but contiguous to the boundary of the city, the governing body of such city may include the street in the district, improve that portion of such street and assess a part of the cost thereof against the abutting property lying on both sides of such street. Provided, however, if such street is wholly or partly within the boundary of another city, the governing body of such other city shall, by resolution, consent to the improvement and give its consent to assessment of the benefited property. |B. If, within thirty (30) days after the adoption of the ordinance levying the assessment by the city creating the district, the governing body of the city in which the property is situated does not, by resolution, consent or ratify the assessments, the governing body of the city creating the district may:1. Modify the boundary of the district to exclude the property from the district;2. Assume the cost of the improvement assessed against the property lying beyond the boundary of the city; or3. Nullify the proceedings, including any contract, relating to the district. Any failure on the part of the governing body of the other city to ratify the assessments levied by the city creating the improvement district shall not affect the validity of the assessments which have been levied against any property lying within the limits of the city creating the improvement district.C. The owner, or his designated agent, of any property lying outside the boundary of the city creating the district and in the district, including the county and any affected subdivision outside the city, shall have the same rights granted to owners of property lying within the boundary of the city creating the district.D. Whenever a part of the boundary of two or more cities is upon or along any street or is along the edge of any street and the governing bodies of the cities determine the necessity for making an improvement upon any portion of the street, the governing bodies of the cities may contract, upon such terms as are to them mutually agreeable, to make the improvement. The contract shall:1. Authorize one of the cities to create the district pursuant to the Improvement District Act; and2. Prescribe the apportionment of the costs, if any, among the cities and the manner and payment of such cost. The payment of such costs by the cities party to the contract is lawful whether the improvement is wholly within, partly within and partly without or wholly outside its limits.Added by Laws 1978, c. 233, § 5, emerg. eff. April 25, 1978.