Arguments Set in Challenge of Zink Dam Bond Issue
OKLAHOMA CITY (AP) — Oral arguments are set in a state senator's constitutional challenge to a planned $25 million state bond issue to repair a dam owned by the City of Tulsa.
The Oklahoma Supreme Court will hear arguments Thursday in state Sen. Patrick Anderson's lawsuit seeking to stop the issuance of the bonds. Anderson claims they are an unconstitutional gift that will create debt for the state.
Anderson maintains the bonds were approved by the Legislature in 2009 and were to be matched with federal dollars for a series of low-water dams along the Arkansas River. But the federal funding never materialized, and efforts began to issue the bonds for a new purpose without the Legislature's approval.
Copyright 2012 The Associated Press.