Oklahoma Statutes
§ 3-62 — Leases.
Oklahoma·Title 3 Aircraft And Airports
Whenever it shall be deemed impractical to issue bonds, as above provided for, such municipal corporation, when deemed necessary or advisable for the public interest, and without increasing the total indebtedness of such municipal corporation beyond the Constitutional limitation, it shall be lawful for such municipal corporation to lease at a stipulated rental any real estate for use as an airport, or any improved airport within or without the corporate limits thereof from any person, firm or corporation which will contract to lease the same; providing further that in making any such lease contract the municipal corporation may reserve to such municipal corporation the option to purchase such real estate or improved airport in the future.
Free access — add to your briefcase to read the full text and ask questions with AI
Oklahoma § 3-62 (Leases.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
Laws 1945, p. 20, § 2.
Nearby Sections
15
§ 3-100
Short title.§ 3-101
Definitions.§ 3-106
Airport zoning requirements.§ 3-107
Permits and variances.§ 3-108
Appeals.§ 3-110
Board of Adjustment.§ 3-111
Judicial review.§ 3-112
Enforcement and remedies.