Okla. Stat. tit. 62, § 62-896.1
This is the official text of Okla. Stat. tit. 62, § 62-896.1, 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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Local government website - Notice after approval of
Official statutory text
bonds or other indebtedness.
A. At least thirty (30) days after the approval for a vote on a
bond or other evidence of indebtedness to be issued by the local
government entities described in subsection C of this section, the
governing board of such entity shall cause to be published on that
local government website:
1. A description of the projects or assets that will be
acquired, improved or repaired with the proceeds from the issuance
of the bonds;
2. A description of any unpaid or unfinished bond approved by
the voters of that jurisdiction preceding the date of the vote on
the bonds to be issued; and
3. A detailed description of the use of the previous bond
proceeds. If the bond proceeds were used to acquire or improve real
property, the description shall include a physical address using a
street number or some other method by which the location of the
property can be identified.
B. If the local government entity does not have a website, then
it shall make the information accessible through some other method
using the Internet to persons who reside in the geographic area of
the local government entity. Should there be no reasonable method
as described in this section, the entity shall cause the information
to be published at least once in a newspaper of general circulation
in the geographic area in which the voters of the local government
jurisdiction reside.
Oklahoma Statutes - Title 62. Public Finance Page 608
C. The provisions of subsection A of this section shall be
applicable to any bond or other evidence of indebtedness the
repayment of which requires either a sinking fund millage rate
pursuant to Section 26 of Article X of the Oklahoma Constitution, or
bonds issued pursuant to the authority of Section 35 of Article X of
the Oklahoma Constitution or pursuant to any provisions contained in
any other provision of Article X of the Oklahoma Constitution to the
extent not otherwise specifically identified in this section, which
shall include:
1. Counties;
2. Cities;
3. Towns;
4. Common school districts;
5. Career technology districts;
6. Emergency Medical Service Districts; and
7. Solid waste management districts.
D. The provisions of this section shall not be applicable to
obligations issued by a trust organized pursuant to the provisions
of Section 176 et seq. of Title 60 of the Oklahoma Statutes.
A. At least thirty (30) days after the approval for a vote on a
bond or other evidence of indebtedness to be issued by the local
government entities described in subsection C of this section, the
governing board of such entity shall cause to be published on that
local government website:
1. A description of the projects or assets that will be
acquired, improved or repaired with the proceeds from the issuance
of the bonds;
2. A description of any unpaid or unfinished bond approved by
the voters of that jurisdiction preceding the date of the vote on
the bonds to be issued; and
3. A detailed description of the use of the previous bond
proceeds. If the bond proceeds were used to acquire or improve real
property, the description shall include a physical address using a
street number or some other method by which the location of the
property can be identified.
B. If the local government entity does not have a website, then
it shall make the information accessible through some other method
using the Internet to persons who reside in the geographic area of
the local government entity. Should there be no reasonable method
as described in this section, the entity shall cause the information
to be published at least once in a newspaper of general circulation
in the geographic area in which the voters of the local government
jurisdiction reside.
Oklahoma Statutes - Title 62. Public Finance Page 608
C. The provisions of subsection A of this section shall be
applicable to any bond or other evidence of indebtedness the
repayment of which requires either a sinking fund millage rate
pursuant to Section 26 of Article X of the Oklahoma Constitution, or
bonds issued pursuant to the authority of Section 35 of Article X of
the Oklahoma Constitution or pursuant to any provisions contained in
any other provision of Article X of the Oklahoma Constitution to the
extent not otherwise specifically identified in this section, which
shall include:
1. Counties;
2. Cities;
3. Towns;
4. Common school districts;
5. Career technology districts;
6. Emergency Medical Service Districts; and
7. Solid waste management districts.
D. The provisions of this section shall not be applicable to
obligations issued by a trust organized pursuant to the provisions
of Section 176 et seq. of Title 60 of the Oklahoma Statutes.
Status: in_force · Read it on the official government site
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