Okla. Stat. tit. 11, § 11-38-110
This is the official text of Okla. Stat. tit. 11, § 11-38-110, 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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Powers of redevelopment corporations or other private
Official statutory text
persons or corporations.
For the purpose of aiding in the planning, undertaking or
carrying out of an urban renewal project, an urban redevelopment
corporation or any other private person or corporation may, upon
such terms and with or without consideration, as may be determined:
1. Dedicate, sell, convey, or lease any of its interest in any
property or grant easements, licenses or other rights or privileges
therein to an Urban Renewal Authority, or to a municipality or any
other public body or governmental agency or to any private person or
corporation;
Oklahoma Statutes - Title 11. Cities and Towns Page 411
2. Incur the entire expense, or any portion thereof, of any
public improvements necessary to the execution of an urban renewal
plan;
3. Do any and all things necessary to aid or cooperate in the
planning or carrying out of an urban renewal plan;
4. Lend, grant or contribute funds to an Urban Renewal
Authority; or
5. Enter into agreements, including lease-purchase agreements,
(which may extend over any period, notwithstanding any provision or
rule of law to the contrary) with any municipality, public body or
governmental agency including an Urban Renewal Authority, respecting
action to be taken pursuant to any of the powers granted by this
article, including the furnishing of funds, or other assistance in
connection with an urban renewal project.
For the purpose of aiding in the planning, undertaking or
carrying out of an urban renewal project, an urban redevelopment
corporation or any other private person or corporation may, upon
such terms and with or without consideration, as may be determined:
1. Dedicate, sell, convey, or lease any of its interest in any
property or grant easements, licenses or other rights or privileges
therein to an Urban Renewal Authority, or to a municipality or any
other public body or governmental agency or to any private person or
corporation;
Oklahoma Statutes - Title 11. Cities and Towns Page 411
2. Incur the entire expense, or any portion thereof, of any
public improvements necessary to the execution of an urban renewal
plan;
3. Do any and all things necessary to aid or cooperate in the
planning or carrying out of an urban renewal plan;
4. Lend, grant or contribute funds to an Urban Renewal
Authority; or
5. Enter into agreements, including lease-purchase agreements,
(which may extend over any period, notwithstanding any provision or
rule of law to the contrary) with any municipality, public body or
governmental agency including an Urban Renewal Authority, respecting
action to be taken pursuant to any of the powers granted by this
article, including the furnishing of funds, or other assistance in
connection with an urban renewal project.
Status: in_force · Read it on the official government site
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