Okla. Stat. tit. 11, § 11-37-125
This is the official text of Okla. Stat. tit. 11, § 11-37-125, part of Oklahoma’s Stat. tit. 11, — part of the compiled statutory law of Oklahoma, published by the state as "Stat. tit. 11,." Browse the sections below, each linked to its official government source.
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Joint financing of waterworks
Official statutory text
Waterworks which are jointly constructed, maintained, controlled
or operated by two or more municipalities may be financed by the
issue and sale of bonds and collection of water charges, as provided
in Sections 37-106 through 37-109 of this title. The governing
bodies of such municipalities are hereby specifically authorized to
enter into agreement and contract as to the amount of each
municipality's indebtedness and proportionate share of cost of
construction, maintenance, control and operation of any waterworks
jointly acquired under the provisions of Section 37-124 of this
title; provided that in all cases where a proposition is submitted
to the registered voters of any municipality for the voting of bonds
to defray costs of such a joint contract, the election notice and
ballot shall so state.
or operated by two or more municipalities may be financed by the
issue and sale of bonds and collection of water charges, as provided
in Sections 37-106 through 37-109 of this title. The governing
bodies of such municipalities are hereby specifically authorized to
enter into agreement and contract as to the amount of each
municipality's indebtedness and proportionate share of cost of
construction, maintenance, control and operation of any waterworks
jointly acquired under the provisions of Section 37-124 of this
title; provided that in all cases where a proposition is submitted
to the registered voters of any municipality for the voting of bonds
to defray costs of such a joint contract, the election notice and
ballot shall so state.
Status: in_force · Read it on the official government site
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