Okla. Stat. tit. 11, § 11-22-152

For purposes of the Oklahoma Municipal Utility Revenue Bond Act

and the implementation of Section 27B of Article X of the Oklahoma

Constitution:

1. "Affirmative vote of at least three-fourths (3/4) of all

members of such governing body" shall mean an affirmative vote by

persons comprising not less than three-fourths (3/4) of the total

number of members provided by law, municipal ordinance or charter as

constituting the governing body of said municipality;

2. "Bond counsel" shall mean an attorney or firm of attorneys

qualified and experienced in public finance transactions, and who

Oklahoma Statutes - Title 11. Cities and Towns Page 199

renders an opinion as to the validity and enforceability of the

obligations issued pursuant to the Oklahoma Municipal Utility

Revenue Bond Act;

3. "Financial advisor" shall mean a person or firm qualified

and experienced in public finance transactions, and who renders

advice and counsel to the municipality regarding fiscal and

marketing aspects pertaining to the obligations issued pursuant to

the Oklahoma Municipal Utility Revenue Bond Act. Provided, any such

financial advisor shall not be permitted to bid on, underwrite,

purchase or take part in the marketing of the obligations nor have

any other pecuniary interest therein, other than the fee negotiated

with the municipality for the services of such financial advisor;

4. "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;

5. "Improvement" means any type of improvement made by

authority of the Oklahoma Municipal Utility Revenue Bond Act and

includes reimprovement of any prior improvement made pursuant to the

provisions of this or any other applicable act;

6. "Municipality" shall mean any city or town duly incorporated

and validly existing pursuant to the laws of Oklahoma;

7. "Obligations" shall mean collectively, bonds, notes or other

evidences of indebtedness, or any of them, issued by a municipality

pursuant to Section 27B of Article X of the Oklahoma Constitution

and the provisions of the Oklahoma Municipal Utility Revenue Bond

Act, and may include refunding obligations;

8. "Public trust" shall mean an Oklahoma public trust created

pursuant to and existing in accordance with Sections 176 through

180.4 of Title 60 of the Oklahoma Statutes and which has the

municipality as a beneficiary; provided, for purposes of the

Oklahoma Municipal Utility Revenue Bond Act, "public trust" shall

not include a trust created for industrial purposes; and

9. "Qualified voters" or "voters" shall mean the voters of a

municipality duly qualified to vote in a special municipal election

on the issuance of bonds of the municipality or on the question of

making improvements to public utilities, under the laws, ordinances

and charter provisions applicable at the time such election is held.

As used in the Oklahoma Municipal Utility Revenue Bond Act, the

singular shall include the plural, and unless indicated herein,

defined words shall have the same meaning whether or not

capitalized.