Okla. Stat. tit. 74, § 74-1226.19
This is the official text of Okla. Stat. tit. 74, § 74-1226.19, part of Oklahoma’s Stat. tit. 74, — part of the compiled statutory law of Oklahoma, published by the state as "Stat. tit. 74,." Browse the sections below, each linked to its official government source.
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Proceeds from obligations for American Indian Cultural
Official statutory text
Center and Museum – Purpose - Limits.
Oklahoma Statutes - Title 74. State Government Page 772
A. Proceeds of the bonds or other obligations issued pursuant
to Section 304.2 of Title 73 of the Oklahoma Statutes shall only be
expended for the purpose of completing the American Indian Cultural
Center and Museum (AICCM).
B. Proceeds of the bonds or other obligations issued pursuant
to Section 304.2 of Title 73 of the Oklahoma Statutes shall be
expended according to the limits of this subsection.
1. Upon certification by the Office of Management and
Enterprise Services (OMES) that a specific amount exceeding Ten
Million Dollars ($10,000,000.00) in nonstate and nonfederal
donations, contributions, gifts and bequests for the purpose of
completing the AICCM has been deposited into the American Indian
Cultural Center and Museum Completion Fund created pursuant to
Section 1226.20 of this title, the Oklahoma Capitol Improvement
Authority (OCIA) and the Native American Cultural and Educational
Authority (Authority) shall be authorized to expend an amount to be
certified by OMES from the proceeds of bonds or other obligations
issued pursuant to Section 304.2 of Title 73 of the Oklahoma
Statutes. The Nine Million Dollars ($9,000,000.00) committed by the
City of Oklahoma City (City) pursuant to Section 1226.2 of this
title shall not be included within the amount certified pursuant to
this paragraph, regardless of when such funds are provided.
2. Following the initial certification provided by paragraph 1
of this subsection, OCIA and the Authority may expend additional
funds upon subsequent certifications by OMES that specific
additional amounts of nonstate and nonfederal donations,
contributions, gifts and bequests have been deposited into the
American Indian Cultural Center and Museum Completion Fund. OCIA or
the Authority may request such certifications at any time. Upon
such certifications, OCIA and the Authority shall be authorized to
expend equal amounts from the proceeds of bonds issued pursuant to
Section 304.2 of Title 73 of the Oklahoma Statutes. In no event may
total expenditures from the proceeds of bonds issued pursuant to
Section 304.2 of Title 73 of the Oklahoma Statutes exceed the total
amounts certified by OMES. The Nine Million Dollars ($9,000,000.00)
committed by the City pursuant to Section 1226.2 of this title may
be included within the amounts certified pursuant to this paragraph.
Oklahoma Statutes - Title 74. State Government Page 772
A. Proceeds of the bonds or other obligations issued pursuant
to Section 304.2 of Title 73 of the Oklahoma Statutes shall only be
expended for the purpose of completing the American Indian Cultural
Center and Museum (AICCM).
B. Proceeds of the bonds or other obligations issued pursuant
to Section 304.2 of Title 73 of the Oklahoma Statutes shall be
expended according to the limits of this subsection.
1. Upon certification by the Office of Management and
Enterprise Services (OMES) that a specific amount exceeding Ten
Million Dollars ($10,000,000.00) in nonstate and nonfederal
donations, contributions, gifts and bequests for the purpose of
completing the AICCM has been deposited into the American Indian
Cultural Center and Museum Completion Fund created pursuant to
Section 1226.20 of this title, the Oklahoma Capitol Improvement
Authority (OCIA) and the Native American Cultural and Educational
Authority (Authority) shall be authorized to expend an amount to be
certified by OMES from the proceeds of bonds or other obligations
issued pursuant to Section 304.2 of Title 73 of the Oklahoma
Statutes. The Nine Million Dollars ($9,000,000.00) committed by the
City of Oklahoma City (City) pursuant to Section 1226.2 of this
title shall not be included within the amount certified pursuant to
this paragraph, regardless of when such funds are provided.
2. Following the initial certification provided by paragraph 1
of this subsection, OCIA and the Authority may expend additional
funds upon subsequent certifications by OMES that specific
additional amounts of nonstate and nonfederal donations,
contributions, gifts and bequests have been deposited into the
American Indian Cultural Center and Museum Completion Fund. OCIA or
the Authority may request such certifications at any time. Upon
such certifications, OCIA and the Authority shall be authorized to
expend equal amounts from the proceeds of bonds issued pursuant to
Section 304.2 of Title 73 of the Oklahoma Statutes. In no event may
total expenditures from the proceeds of bonds issued pursuant to
Section 304.2 of Title 73 of the Oklahoma Statutes exceed the total
amounts certified by OMES. The Nine Million Dollars ($9,000,000.00)
committed by the City pursuant to Section 1226.2 of this title may
be included within the amounts certified pursuant to this paragraph.
Status: in_force · Read it on the official government site
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