§ 127. Contracts made by a public entity--Applicability
Oklahoma Statutes AnnotatedTitle 61. Public Buildings and Public Works
61 Okl.St.Ann. § 127
§ 127. Contracts made by a public entity--Applicability
This act1 shall apply to contracts made by a public entity operating pursuant to the Local Industrial Development Act2 or the Local Development Act3 except where the public improvements, buildings, or repairs are being made or constructed as a part of an agreement to provide development financing assistance, and where the cost of such public improvements does not exceed twenty-five percent (25%) of the total amount of the estimated public and private investment being made within the related increment district.
Credits
Laws 1974, c. 298, § 27, operative Aug. 1, 1974; Laws 2006, c. 271, § 25, eff. July 1, 2006; Laws 2011, c. 361, § 3.
61 Okl. St. Ann. § 127, OK ST T. 61 § 127
Current with emergency effective legislation through Chapter 3 of the Second Regular Session of the 59th Legislature (2024). Some sections may be more current, see credits for details.
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