Creation of regional districts – Issuance of bonds – Governmental entities of which comprised.

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  4. Creation of regional districts – Issuance of bonds – Governmental entities of which comprised.

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Regional Districts may be created pursuant to the provisions of this act, to assist in financing economic development projects which have a substantial regional economic impact, by allowing municipalities and counties comprising such districts to issue bonds in accordance with Section 35 of Article X of the Oklahoma Constitution. Such districts may be comprised of:

1. Two or more municipalities;

2. Two or more counties; or

3. One or more municipalities and one or more counties.

Added by Laws 2001, c. 318, § 4, eff. Nov. 8, 2002.


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