Oklahoma § 62-896.1 - Local government website - Notice after approval of

§ 62-896.1. Local government website - Notice after approval of

bonds or other indebtedness.

A. At least thirty (30) days after the approval for a vote on a

bond or other evidence of indebtedness to be issued by the local

government entities described in subsection C of this section, the

governing board of such entity shall cause to be published on that

local government website:

1. A description of the projects or assets that will be

acquired, improved or repaired with the proceeds from the issuance

of the bonds;

2. A description of any unpaid or unfinished bond approved by

the voters of that jurisdiction preceding the date of the vote on

the bonds to be issued; and

3. A detailed description of the use of the previous bond

proceeds. If the bond proceeds were used to acquire or improve real

property, the description shall include a physical address using a

street number or some other method by which the location of the

property can be identified.

B. If the local government entity does not have a website, then

it shall make the information accessible through some other method

using the Internet to persons who reside in the geographic area of

the local government entity. Should there be no reasonable method

as described in this section, the entity shall cause the information

to be published at least once in a newspaper of general circulation

in the geographic area in which the voters of the local government

jurisdiction reside.

Oklahoma Statutes - Title 62. Public Finance

C. The provisions of subsection A of this section shall be

applicable to any bond or other evidence of indebtedness the

repayment of which requires either a sinking fund millage rate

pursuant to Section 26 of Article X of the Oklahoma Constitution, or

bonds issued pursuant to the authority of Section 35 of Article X of

the Oklahoma Constitution or pursuant to any provisions contained in

any other provision of Article X of the Oklahoma Constitution to the

extent not otherwise specifically identified in this section, which

shall include:

1. Counties;

2. Cities;

3. Towns;

4. Common school districts;

5. Career technology districts;

6. Emergency Medical Service Districts; and

7. Solid waste management districts.

D. The provisions of this section shall not be applicable to

obligations issued by a trust organized pursuant to the provisions

of Section 176 et seq. of Title 60 of the Oklahoma Statutes.

Added by Laws 2017, c. 62, § 2, eff. Nov. 1, 2017.