Oklahoma Pike Sued Over Expansion Projects, Bond Financing the Focus

The Oklahoman reports, “A lawsuit filed with the Oklahoma Supreme Court on Friday [August 19] contends the way the Oklahoma Turnpike Authority has been funding road projects is unconstitutional. That funding relies on bond financing.”  The report adds that, “The lawsuit comes as the authority prepares to seek permission Thursday [August 25] to issue nearly a half-billion dollars in bonds to fund new construction. The authority plans a major expansion and improvement project, including an eastern Oklahoma County toll road between Interstate 40 and the Turner Turnpike.”