Okla. Stat. tit. 11, § 11-38-107

A. There is hereby created in each municipality to which this

article is applicable, a public body corporate to be known as the

"Urban Renewal Authority", or such other name as may be designated

by the governing body of the municipality, which may sue or be sued;

provided, that such Authority shall not transact any business or

exercise its powers hereunder until or unless the governing body of

the municipality has made the finding prescribed in Section 38-105

of this title.

B. When the Urban Renewal Authority is authorized to transact

business and exercise powers hereunder, the mayor, subject to the

approval of the municipal governing body, shall appoint a Board of

Commissioners consisting of five (5) members. The term of office of

each such Commission member shall be for three (3) years, except

that of the members first appointed, one shall serve for a term of

one (1) year and two shall serve for terms of two (2) years. The

initial appointments, regardless of the calendar date when such

appointments are made, shall expire on the July 31 closest to the

full one, two or three-year term to which such members are

appointed. Thereafter, and after the expiration of initial terms,

all members shall serve terms of three (3) years. All terms of

office, including initial appointments, shall expire as of July 31

and new terms shall commence on August 1 of the calendar year.

C. The mayor of the municipality shall designate from the duly

appointed Commission members, a Chairman and Vice Chairman who shall

serve terms of one (1) year, beginning August 1 of each calendar

year, or until a successor is named. Should the mayor fail to

designate a Chairman or Vice Chairman within thirty (30) days after

the separation date of the former Chairman, the Commission may elect

a Chairman or Vice Chairman from its membership by a simple majority

vote of its members. The Chairman, and in his absence the Vice

Chairman, shall call and preside over meetings of the Board of

Commissioners, direct the recording of minutes of its deliberations,

and appoint committees and assign their respective activities.

D. A Commissioner shall receive no compensation for his

services but shall be entitled to necessary expenses, including

traveling expenses, incurred in the discharge of his duties. Each

Commissioner shall hold office until his successor has been

appointed and qualified. A certificate of the appointment or

Oklahoma Statutes - Title 11. Cities and Towns Page 406

reappointment of any Commission member shall be filed with the clerk

of the municipality and such certificate shall be conclusive

evidence of the due and proper appointment of such Commission

member. Commissioners shall not be personally liable for

obligations of the Urban Renewal Authority.

E. The powers of an Urban Renewal Authority shall be exercised

by the Commissioners thereof. A majority of the Commissioners shall

constitute a quorum for the purpose of conducting business and

exercising the powers of the Authority and for all other purposes.

Action may be taken by the Authority upon a vote of a majority of

the Commissioners, unless in any case its bylaws shall require a

larger number. Any person may be appointed as a Commissioner if he

has resided for five (5) years within the municipality or an area

annexed to the municipality and is otherwise eligible for such

appointment under this article.

F. The Urban Renewal Authority may employ an executive

director, technical experts and such other agents and employees,

permanent and temporary, as it may require, and determine their

qualifications, duties and compensation. The Authority may receive

legal services of the staff of the municipality or it may employ or

retain its own legal counsel and legal staff and may contract for

any services necessary to its operation under this article. An

Authority authorized to transact business and exercise powers under
permanent and temporary, as it may require, and determine their

qualifications, duties and compensation. The Authority may receive

legal services of the staff of the municipality or it may employ or

retain its own legal counsel and legal staff and may contract for

any services necessary to its operation under this article. An

Authority authorized to transact business and exercise powers under

this article shall file, with the mayor and the municipal governing

body, on or before July 31 of each year, a report of its activities

for the preceding fiscal year ending June 30, which report shall

include a complete financial statement setting forth its assets,

liabilities, income and operating expenses as of the end of such

fiscal year. At the time of filing the report, the Authority shall

publish in a newspaper of general circulation in the area of

operation, a notice to the effect that such report has been filed

with the mayor and municipal governing body and that the report is

available for inspection during business hours in the office of the

clerk or other appropriate officer of the municipality and in the

office of the Urban Renewal Authority.

G. A Commission member may be removed from office prior to the

expiration of the term for which he was appointed only for

inefficiency or neglect of duty or misconduct in office by a two-

thirds majority vote of the municipal governing body after hearing

based on charges which are written and a copy delivered to such

Commission member at least ten (10) days before such hearing. A

Commission member may represent himself at such hearing or be

represented by counsel.