Okla. Stat. tit. 69, § 69-1711

and charges - Use of revenues - Sinking funds - Regulation of motor

carriers.

The Authority, subject to the provisions hereof, is hereby

authorized to fix, revise, charge and collect tolls for the use of

each turnpike project and the different parts or sections thereof,

except for use by law enforcement officers responsible for enforcing

the traffic laws and the general laws of the state and federal

governments on turnpikes, who shall be entitled to free use of every

such project in the performance of official duties connected with

such turnpike project, and to contract with any person, partnership,

association or corporation desiring the use of any part thereof,

including the right-of-way adjoining the paved portion, for placing

Oklahoma Statutes - Title 69. Roads, Bridges, and Ferries Page 328

thereon telephone, telegraph, electric light or power lines, gas

stations, garages, stores, hotels, restaurants and advertising

signs, or for any other purpose except for tracks for railroad or

railway use, and to fix the terms, conditions, rents and rates of

charges for such use. Such tolls, subject to the other restrictions

hereof, shall be so fixed and adjusted in respect of the aggregate

of tolls from the turnpike project or projects in connection with

which the bonds of any issue shall have been issued as to provide a

fund sufficient with other revenues, if any, to pay (a) the cost of

maintaining, repairing, and operating such turnpike project or

projects, and (b) the principal of and the interest of such bonds as

the same shall become due and payable, and to create reserves for

such purposes. The tolls and all other revenues derived from the

turnpike project or projects in connection with which the bonds of

any issue shall have been issued, except such part thereof as may be

necessary to pay such cost of maintenance, repair, and operation and

to provide such reserves therefor as may be provided for in the

resolution authorizing the issuance of such bonds or in the trust

agreement securing the same shall be set aside at such regular

intervals as may be provided in such resolution or such trust

agreement in a sinking fund which is hereby pledged to, and charged

with, the payment of (a) the interest upon such bonds as such

interest shall fall due, (b) the principal of such bonds as the same

shall fall due, (c) the necessary charges of paying agents for

paying principal and interest, and (d) the redemption price or the

purchase price of bonds retired by call or purchase as therein

provided, which are a charge against such fund. The use and

disposition of monies to the credit of such sinking fund shall be

subject to the provisions of the resolution authorizing the issuance

of such bonds or of such trust agreement. Except as may otherwise be

provided in such resolution or such trust agreement, such sinking

fund shall be a fund for all such bonds without distinction or

priority of one over another. The monies in the sinking fund, less

such reserve as may be provided in such resolution or trust

agreement, if not used within a reasonable time for the purchase of

bonds for cancellation as above provided, shall be applied to the

redemption of bonds at the redemption price then applicable. Any

person who leases, rents, or acquires control of any gas station,

garage, store, hotel, or restaurant must have been a resident of, or

been doing business in, Oklahoma for the past five (5) years.

Notwithstanding anything else herein contained to the contrary, the

Corporation Commission of the State of Oklahoma shall exercise the

jurisdiction now or hereafter vested in it to regulate and control

the operation of motor carriers of passengers and freight, using or

desiring to use any turnpike project, in the manner and to the

extent that it regulates or controls such carriers using the

highways of the state. The Authority shall not discriminate against
Corporation Commission of the State of Oklahoma shall exercise the

jurisdiction now or hereafter vested in it to regulate and control

the operation of motor carriers of passengers and freight, using or

desiring to use any turnpike project, in the manner and to the

extent that it regulates or controls such carriers using the

highways of the state. The Authority shall not discriminate against

Oklahoma Statutes - Title 69. Roads, Bridges, and Ferries Page 329

any group or class or individual member thereof in fixing the amount

of toll, rents, or charge for the use of the turnpike project.