Oklahoma § 62-871 - Definitions

§ 62-871. Definitions

As used in the Oklahoma Rural Housing Incentive District Act:

1. “County” means any county with a population of less than

seventy-five thousand (75,000) persons, according to the most recent

federal decennial census;

2. “Developer” means the person, firm or corporation

responsible under an agreement with the governing body of a

municipality or county to develop housing or related public

facilities in a district;

3. “District” means a rural housing incentive district

established in accordance with the Oklahoma Rural Housing Incentive

District Act;

4. “Executive Director” means the Executive Director of the

Oklahoma Housing Finance Agency;

5. “Governing body” means the board of county commissioners of

any county or the governing body of a municipality;

6. “Municipality” means any incorporated city or town with a

population of less than forty thousand (40,000) persons in a county

Oklahoma Statutes - Title 62. Public Finance

with a population of less than seventy-five thousand (75,000)

persons, according to the most recent federal decennial census;

7. “Real property taxes” means and includes all taxes levied on

an ad valorem basis upon land and improvements thereon; and

8. “Taxing subdivision” means the county, the municipality, the

school district, and any other taxing subdivision levying real

property taxes, the territory or jurisdiction of which includes any

currently existing or subsequently created rural housing incentive

district.

Added by Laws 1999, c. 140, § 2, eff. Nov. 1, 1999.