Okla. Stat. tit. 70, § 70-23-118

System.

Each project when constructed and placed in use shall be

maintained and kept in good condition and repair by the Authority.

When all bonds issued under the provisions of this article in

connection with any project and the interest thereon shall have been

paid or a sufficient amount for the payment of all such bonds and

the interest thereon to the maturity thereof shall have been set

aside in trust for the benefit of the bondholders, such project, if

then in good condition and repair to the satisfaction of the State

Legislature, shall become part of the State Educational System.

All counties, cities, towns, municipalities and school districts

of the state and all state boards, commissions, officials, and other

public agencies, notwithstanding any contrary provision of law, are

hereby authorized and empowered:

1. To lease, lend, grant or convey to the Authority at its

request upon such terms and conditions as the proper authorities of

such counties, cities, towns, municipalities, school districts of

the state, and all state boards, commissions, officials and other

public agencies may deem reasonable and fair and without the

necessity for any advertisement, order of court or other action or

Oklahoma Statutes - Title 70. Schools Page 909

formality other than the regular and formal action of the

authorities concerned, any personal property, real property and

other things of value which may be necessary or convenient to the

effectuation of the authorized purposes of the Authority, including

real property already devoted to public use; and

2. To lease, rent or contract from the Authority for

telecasting purposes, any programs that would be beneficial to their

interest and that of the State of Oklahoma.