Oklahoma § 73-187A-5 Utilization of LCF funds for Office of Management and

Oklahoma Statutes

§ 73-187A-5 — Utilization of LCF funds for Office of Management and

Oklahoma·Title 73 State Capital And Capitol Building

Enterprise Services facilities.

A.In addition to any other authorization provided by law, the Oklahoma Capitol Improvement Authority is authorized to utilize available funds from the Legacy Capital Financing Fund created by Section 187B of this title, in the amounts of: 1. Seventy Million Dollars ($70,000,000.00) for the benefit of the Office of Management and Enterprise Services to repair, refurbish, and improve the real and personal property of the Jim Thorpe Office Building; and 2. Forty-five Million Three Hundred Twenty-two Thousand Three Hundred Dollars ($45,322,300.00) for the benefit of the Office of Management and Enterprise Services to accept transfer of the Kelley Building and Kelley Annex owned by the Department of Human Services and renovate the facilities for lease to a publi

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Enterprise Services facilities. A. In addition to any other authorization provided by law, the Oklahoma Capitol Improvement Authority is authorized to utilize available funds from the Legacy Capital Financing Fund created by Section 187B of this title, in the amounts of: 1. Seventy Million Dollars ($70,000,000.00) for the benefit of the Office of Management and Enterprise Services to repair, refurbish, and improve the real and personal property of the Jim Thorpe Office Building; and 2. Forty-five Million Three Hundred Twenty-two Thousand Three Hundred Dollars ($45,322,300.00) for the benefit of the Office of Management and Enterprise Services to accept transfer of the Kelley Building and Kelley Annex owned by the Department of Human Services and renovate the facilities for lease to a public operator as a day care facility. B. LCF Recapitalization Payments shall be made related to the distribution of proceeds provided in subsection A of this section, in accordance with the provisions of the Legacy Capital Financing Act. C. The Authority may distribute funds authorized pursuant to subsection A of this section in one or more tranches. D. The Authority may enter memoranda of understanding with agencies, departments, and subdivisions of the state as needed, to facilitate the provisions of this act, provided that such memoranda of understanding do not constitute a legal obligation of the State of Oklahoma or impede the administration of the provisions of the Legacy Capital Financing Act.

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