Oklahoma § 69-3001 - Authorization to construct toll expressways by means of

§ 69-3001. Authorization to construct toll expressways by means of

public trusts.

Any county or combination of cities, counties or towns, by

resolution of their governing boards, may jointly create a public

trust for the purpose of planning, financing, constructing,

maintaining and operating a toll expressway upon the locations now

or hereafter authorized by Section 1705 of Title 69, Oklahoma

Statutes, and the state, or any county, municipality, political or

governmental subdivision or governmental agency of the state or any

combination thereof may be the beneficiary of such trust; provided

that no funds of said beneficiary derived from sources other than

the trust property, or the operation thereof, shall be charged with

or expended for the execution of said trust, except by express

action of the legislative authority of the beneficiary first had.

The officers or any other governmental agencies or authorities

having the custody, management or control of any property, real or

personal or both, of the beneficiary of such trust, or of such a

proposed trust, which property shall be needful for the execution of

the trust purposes, hereby are authorized and empowered to lease

such property for said purposes, after the acceptance of the

beneficial interest therein by the beneficiary as hereafter

provided, or conditioned upon such acceptance.

Added by Laws 1971, c. 333, § 1, emerg. eff. June 16, 1971.