Building Bonds Commission as agency - Indebtedness - Purposes.

  1. Law
  2. Oklahoma Statutes
  3. Public Finance
  4. Building Bonds Commission as agency - Indebtedness - Purposes.

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The State of Oklahoma Building Bonds Commission, created by Title 62, Oklahoma Statutes 1961, Section 57.1 acting for and on behalf of the State of Oklahoma shall be the agency by and through which the State of Oklahoma shall incur indebtedness to the extent of the sum of Fifty-four Million Seven Hundred Fifty Thousand Dollars ($54,750,000.00) as principal, for the purpose of constructing new buildings and other capital improvements, and for equipping, remodeling, modernizing and repairing any and all existing buildings and capital improvements, and purchase of land, equipment and furnishings necessary for such new construction or remodeling, as follows:

  • At the constituent institutions of The Oklahoma State System of Higher Education in the sum of....... $38,500,000.00
  • At the institutions under the Department of Mental Health and Substance Abuse Services in the sum of............... 6,500,000.00
  • The Southern Oklahoma Resource Center of Pauls Valley, the Northern Oklahoma Resource Center of Enid and The Hissom Memorial Center..................... 1,000,000.00

State Department of Health............2,275,000.00

Oklahoma State Library................2,150,000.00

Oklahoma State Penitentiary...........150,000.00

Oklahoma State Reformatory............150,000.00

Oklahoma School for the Blind.........550,000.00

Oklahoma School for the Deaf..........550,000.00

Oklahoma Educational Television

Authority...........................250,000.00

Oklahoma Historical Society...........125,000.00

  • Western Oklahoma Tuberculosis Sanatorium.......................... 150,000.00
  • Eastern Oklahoma Tuberculosis Sanatorium.......................... 150,000.00
  • Department of Public Health for the Building of Community Social Service Centers 1,500,000.00
  • Purchase of Land in and about the Capital Improvement and Zoning District and Medical Center Improvement Zoning District and for Public Parks, Veterans Memorial Area and Landscaping 750,000.00

Laws 1965, c. 515, § 2, emerg. eff. July 21, 1965; Amended by Laws 1990, c. 51, § 124, emerg. eff. April 9, 1990; Laws 1992, c. 307, § 8, eff. July 1, 1992.


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