Okla. Stat. tit. 19, § 19-891
This is the official text of Okla. Stat. tit. 19, § 19-891, part of Oklahoma’s Stat. tit. 19, — part of the compiled statutory law of Oklahoma, published by the state as "Stat. tit. 19,." Browse the sections below, each linked to its official government source.
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Costs and expenses - Paid out of construction fund
Official statutory text
The cost and expense of purchasing and acquiring property and
constructing the works and improvements herein provided for shall be
wholly paid in cash or in the bonds of said district issued as
hereinbefore provided at their par value with accrued interest. The
bonds may be issued in series or installments, and shall be turned
over and delivered to the contractor in payment of the amount due in
accordance with the terms of his contract, including advertising,
engineering, and other expenses. Said bonds shall be executed and
delivered from time to time on completion and approval of the work
or any part thereof, to an amount equal to the cost and expense of
purchasing and acquiring property and constructing the works and
improvements so completed and accepted. Such bonds or any portion
Oklahoma Statutes - Title 19. Counties and County Officers Page 404
thereof may be sold for cash at not less than par and accrued
interest, within the discretion of the board of directors.
constructing the works and improvements herein provided for shall be
wholly paid in cash or in the bonds of said district issued as
hereinbefore provided at their par value with accrued interest. The
bonds may be issued in series or installments, and shall be turned
over and delivered to the contractor in payment of the amount due in
accordance with the terms of his contract, including advertising,
engineering, and other expenses. Said bonds shall be executed and
delivered from time to time on completion and approval of the work
or any part thereof, to an amount equal to the cost and expense of
purchasing and acquiring property and constructing the works and
improvements so completed and accepted. Such bonds or any portion
Oklahoma Statutes - Title 19. Counties and County Officers Page 404
thereof may be sold for cash at not less than par and accrued
interest, within the discretion of the board of directors.
Status: in_force · Read it on the official government site
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