Okla. Stat. tit. 61 § 127

Current through Laws 2024, c. 453.
Section 127 - Contracts made by a public entity - Applicability

This act shall apply to contracts made by a public entity operating pursuant to the Local Industrial Development Act or the Local Development Act 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.

Okla. Stat. tit. 61, § 127

Added by Laws 1974, HB 1665, c. 298, § 27, emerg. eff. 8/1/1974; Amended by Laws 2006 , SB 558, c. 271, § 25, emerg. eff. 7/1/2006; Amended by Laws 2011 , SB 13, c. 361, § 3.