Okla. Stat. tit. 62, § 62-654
This is the official text of Okla. Stat. tit. 62, § 62-654, part of Oklahoma’s Stat. tit. 62, — part of the compiled statutory law of Oklahoma, published by the state as "Stat. tit. 62,." Browse the sections below, each linked to its official government source.
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Election on issuance of revenue bonds
Official statutory text
(a) Revenue bonds may be issued by a public trust as referred to
in Section 2 above for the purposes set forth in Sections 2 and 3
hereof only with the approval of a majority of the qualified
electors of the municipality or county voting at an election called
for that purpose. An election on the question of issuing revenue
bonds shall be held at the request of the trustees at such time as
the governing body of the municipality or the board of county
commissioners of a county shall designate by ordinance or
resolution. Such ordinance or resolution shall specifically state
the purpose for which the bonds are to be issued, the total amount
of the issue and the date upon which the election is to held, which
date shall not occur earlier than thirty (30) days after the passage
of said ordinance or resolution.
(b) The election shall be held and conducted, the vote
canvassed, and the results declared in the manner now or hereafter
provided for municipal or county elections, so far as the same may
be applicable, except as herein otherwise provided.
(c) Notice of the election shall be given by the mayor or board
of county commissioners by advertisement in a newspaper of general
Oklahoma Statutes - Title 62. Public Finance Page 467
circulation within the municipality or county once a week for four
(4) consecutive weeks, with the last publication to be not less than
ten (10) days prior to the date of said election.
(d) only qualified electors of the municipality or county shall
have a right to vote at said election.
(e) The results of the election shall be proclaimed by the mayor
or chairman of the board of county commissioners, and shall be
conclusive unless attacked in the courts within thirty (30) days
after the date of such proclamation.
in Section 2 above for the purposes set forth in Sections 2 and 3
hereof only with the approval of a majority of the qualified
electors of the municipality or county voting at an election called
for that purpose. An election on the question of issuing revenue
bonds shall be held at the request of the trustees at such time as
the governing body of the municipality or the board of county
commissioners of a county shall designate by ordinance or
resolution. Such ordinance or resolution shall specifically state
the purpose for which the bonds are to be issued, the total amount
of the issue and the date upon which the election is to held, which
date shall not occur earlier than thirty (30) days after the passage
of said ordinance or resolution.
(b) The election shall be held and conducted, the vote
canvassed, and the results declared in the manner now or hereafter
provided for municipal or county elections, so far as the same may
be applicable, except as herein otherwise provided.
(c) Notice of the election shall be given by the mayor or board
of county commissioners by advertisement in a newspaper of general
Oklahoma Statutes - Title 62. Public Finance Page 467
circulation within the municipality or county once a week for four
(4) consecutive weeks, with the last publication to be not less than
ten (10) days prior to the date of said election.
(d) only qualified electors of the municipality or county shall
have a right to vote at said election.
(e) The results of the election shall be proclaimed by the mayor
or chairman of the board of county commissioners, and shall be
conclusive unless attacked in the courts within thirty (30) days
after the date of such proclamation.
Status: in_force · Read it on the official government site
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