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Okla. Stat. tit. 73, § 73-187A-5

This is the official text of Okla. Stat. tit. 73, § 73-187A-5, part of Oklahoma’s Stat. tit. 73, — part of the compiled statutory law of Oklahoma, published by the state as "Stat. tit. 73,." Browse the sections below, each linked to its official government source.

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Utilization of LCF funds for Office of Management and

Official statutory text

Enterprise Services facilities.

A. In addition to any other authorization provided by law, the

Oklahoma Capitol Improvement Authority is authorized to utilize

available funds from the Legacy Capital Financing Fund created by

Section 187B of this title, in the amounts of:

1. Seventy Million Dollars ($70,000,000.00) for the benefit of

the Office of Management and Enterprise Services to repair,

refurbish, and improve the real and personal property of the Jim

Thorpe Office Building; and

2. Forty-five Million Three Hundred Twenty-two Thousand Three

Hundred Dollars ($45,322,300.00) for the benefit of the Office of

Management and Enterprise Services to accept transfer of the Kelley

Building and Kelley Annex owned by the Department of Human Services

and renovate the facilities for lease to a public operator as a day

care facility.

Oklahoma Statutes - Title 73. State Capital and Capitol Building Page 86

B. LCF Recapitalization Payments shall be made related to the

distribution of proceeds provided in subsection A of this section,

in accordance with the provisions of the Legacy Capital Financing

Act.

C. The Authority may distribute funds authorized pursuant to

subsection A of this section in one or more tranches.

D. The Authority may enter memoranda of understanding with

agencies, departments, and subdivisions of the state as needed, to

facilitate the provisions of this act, provided that such memoranda

of understanding do not constitute a legal obligation of the State

of Oklahoma or impede the administration of the provisions of the

Legacy Capital Financing Act.

Status: in_force · Read it on the official government site

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About this page: Statute text is reproduced from official government publishers via the Open US Law dataset (Vaquill AI, snapshot v2026.08, CC BY 4.0). Primary legislative text like this is public domain under the government-edicts doctrine (Georgia v. Public.Resource.Org, 2020). We link every section back to its official source so you can verify it independently.