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§ 662. Bids for purchase of materials and supplies costing over $2, 000.00--Meetings of trustee...

Oklahoma Statutes AnnotatedTitle 62. Public Finance

Oklahoma Statutes Annotated
Title 62. Public Finance (Refs & Annos)
Chapter 5. Local Industrial Development Act
62 Okl.St.Ann. § 662
§ 662. Bids for purchase of materials and supplies costing over $2,000.00--Meetings of trustees--Records
In all cases where the trustees shall contract for the payment of Two Thousand Dollars ($2,000.00) or more for the purchase of any materials, equipment, or supplies or for the construction of facilities, said contract shall be made only, after public advertisement for bids, to the lowest and best bidder upon the proposal so advertised.
All meetings of the trustees shall be open to the public to the same extent as is required by law of meetings by other boards and commissions, and all records of the trustees shall be public records as provided by law and shall be kept either in the office of the city clerk or the county clerk, as the case may be.

Credits

Laws 1961, p. 475, § 12, emerg. eff. Aug. 8, 1961; Laws 1991, c. 124, § 31, eff. July 1, 1991.
62 Okl. St. Ann. § 662, OK ST T. 62 § 662
Current with emergency effective legislation through Chapter 90 of the Second Regular Session of the 59th Legislature (2024). Some sections may be more current, see credits for details.
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