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§ 38-121. Costs of urban renewal or redevelopment projects and repayment of interest and princi...

Oklahoma Statutes AnnotatedTitle 11. Cities and Towns

Oklahoma Statutes Annotated
Title 11. Cities and Towns (Refs & Annos)
Chapter 1. Municipal Code (Refs & Annos)
Municipal Departments and Services
Article XXXVIII. Urban Renewal
11 Okl.St.Ann. § 38-121
§ 38-121. Costs of urban renewal or redevelopment projects and repayment of interest and principal on bonds
Notwithstanding any other statutory provision, it is hereby stated that the costs of undertaking and carrying out urban renewal or urban redevelopment projects and the repayment of interest and principal on bonds issued under this act1 are valid and lawful objects to which any revenue derived from ad valorem taxes levied under subsection (a) of Section 9 of Article X of the Oklahoma Constitution and not apportioned for the use of school districts under subsection (a) of Section 9 of Article X of the Oklahoma Constitution or Section 2495 of Title 68 of the Oklahoma Statutes, may be applied.

Credits

Laws 1983, c. 310, § 4, eff. Nov. 1, 1983.

Footnotes

Title 11, § 38-101 et seq.
11 Okl. St. Ann. § 38-121, OK ST T. 11 § 38-121
Current with legislation of the Second Regular Session of the 58th Legislature (2022) effective through October 1, 2022. Some sections may be more current, see credits for details.
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