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Capital Improvement Authority, Oklahoma

Collected by: Oklahoma Department of Libraries

Archived since: Mar, 2011

Description:

The Oklahoma Capitol Improvement Authority (OCIA) was created in 1959 to provide bond funding for the construction of office buildings and other infrastructure support for various departments and agencies of the State of Oklahoma, particularly those currently leasing office space. During its history, the Authority has funded numerous building and infrastructure improvements, including projects benefiting many state agencies, state colleges and universities, correctional facilities, and highway improvements. The Authority issues Revenue Bonds backed by lease agreements with the various state entities. Upon extinguishment of the bond debt, the improvements remain the property of the Authority or become the property of the state entity leasing the improvement. The Authority also currently operates several state office buildings for the benefit of state agencies.

Subject:   Government Government - US States

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Title: Oklahoma Capital Improvement Authority - Home

URL: http://www.ok.gov/DCS/OCIA/

Captured 2 times between Mar 03, 2011 and Aug 10, 2012

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