Okla. Stat. tit. 62, § 62-827
This is the official text of Okla. Stat. tit. 62, § 62-827, 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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Voter approval of bond authorization – Determination of
Official statutory text
sufficient financial resources.
If the voters of one or more of the municipalities or counties
listed in the Final Project Plan approve the authorization of bonds
issued pursuant to this act, the Governor shall determine, with the
assistance of the Department, whether the bonds authorized by such
entity or entities will provide sufficient financial resources to
allow for the project to be undertaken. If the Governor determines
that sufficient financial resources are available and that the
project is feasible, then the Governor shall, by executive order,
establish a Regional District comprised of those municipalities and
counties whose voters approved the issuance of bonds pursuant to
this act. No municipality or county whose voters failed to
Oklahoma Statutes - Title 62. Public Finance Page 526
authorize the issuance of bonds shall be a part of the Regional
District established by the Governor.
If the voters of one or more of the municipalities or counties
listed in the Final Project Plan approve the authorization of bonds
issued pursuant to this act, the Governor shall determine, with the
assistance of the Department, whether the bonds authorized by such
entity or entities will provide sufficient financial resources to
allow for the project to be undertaken. If the Governor determines
that sufficient financial resources are available and that the
project is feasible, then the Governor shall, by executive order,
establish a Regional District comprised of those municipalities and
counties whose voters approved the issuance of bonds pursuant to
this act. No municipality or county whose voters failed to
Oklahoma Statutes - Title 62. Public Finance Page 526
authorize the issuance of bonds shall be a part of the Regional
District established by the Governor.
Status: in_force · Read it on the official government site
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