Okla. Stat. tit. 70, § 70-821.2
This is the official text of Okla. Stat. tit. 70, § 70-821.2, part of Oklahoma’s Stat. tit. 70, — part of the compiled statutory law of Oklahoma, published by the state as "Stat. tit. 70,." Browse the sections below, each linked to its official government source.
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Grant of powers - Public right and public benefit
Official statutory text
Any such independent school district is hereby authorized to
acquire or construct within its corporate boundaries, one or more
stadia, sport arenas or other recreational facilities or to build
additions thereto or additions to existing stadia, sport arenas or
other recreational facilities, including land and equipment
therefor, and to own, maintain and operate, or to own and (in
addition to any and all other uses to which this property may be
placed and disposition which can be made of it) lease to, or cause
to be maintained and operated by, a financially responsible
operating company, corporation, or individual, experienced in
similar types of business, or to own and lease to a responsible
person, firm or corporation who shall construct, finance and operate
one or more stadia, sport arenas or other recreational facilities,
and when operated by the independent school district to charge fees,
rent and tolls for the use of such facilities. Such independent
school district is authorized to prescribe and enforce the fees,
rent and tolls which are to be charged for such facilities by any
lessee or operator thereof, as more fully provided in Section 6, and
in addition to any and all other means to assure prompt payment of
rentals by such lessee or operator, the independent school district
may in the lease or operating contract reserve a lien on the money
collected by the lessee or operator from such fees, tolls and other
charges and revenue until the rental consideration for such current
term of the lease or operating contract shall have been paid to the
independent school district or its nominee. The right of the
independent school district to own, maintain, operate and cause to
be operated such facilities and to fix and collect fees, rent, tolls
and other revenue for the use of such facilities is hereby declared
to be a public right and use and such right and facilities to
constitute a public benefit.
acquire or construct within its corporate boundaries, one or more
stadia, sport arenas or other recreational facilities or to build
additions thereto or additions to existing stadia, sport arenas or
other recreational facilities, including land and equipment
therefor, and to own, maintain and operate, or to own and (in
addition to any and all other uses to which this property may be
placed and disposition which can be made of it) lease to, or cause
to be maintained and operated by, a financially responsible
operating company, corporation, or individual, experienced in
similar types of business, or to own and lease to a responsible
person, firm or corporation who shall construct, finance and operate
one or more stadia, sport arenas or other recreational facilities,
and when operated by the independent school district to charge fees,
rent and tolls for the use of such facilities. Such independent
school district is authorized to prescribe and enforce the fees,
rent and tolls which are to be charged for such facilities by any
lessee or operator thereof, as more fully provided in Section 6, and
in addition to any and all other means to assure prompt payment of
rentals by such lessee or operator, the independent school district
may in the lease or operating contract reserve a lien on the money
collected by the lessee or operator from such fees, tolls and other
charges and revenue until the rental consideration for such current
term of the lease or operating contract shall have been paid to the
independent school district or its nominee. The right of the
independent school district to own, maintain, operate and cause to
be operated such facilities and to fix and collect fees, rent, tolls
and other revenue for the use of such facilities is hereby declared
to be a public right and use and such right and facilities to
constitute a public benefit.
Status: in_force · Read it on the official government site
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