Oklahoma City, Oklahoma 73105
For Immediate Release: May 18, 2011
Anderson applauds decision not to pursue bond issue
Senator Patrick Anderson today applauded Senate President Pro Tempore
Brian Bingman for his decision not to consider a $40 million bond
issue this year for the American Indian Cultural Center and Museum.
Anderson recently requested that the State Auditor and Inspector
conduct an audit regarding the use of state dollars for the construction
of the facility.
To date, the state has issued over $63 million in bonds for the
“It would have been fiscally irresponsible to assume this
additional debt without having a clear understanding of how previous
bonds have been spent,” said Anderson, R-Enid. “I’m
very pleased Sen. Bingman has made the decision to gather more information
before considering the issue. With annual debt service payments
on the project climbing above $5 million, this isn’t a matter
we can afford to take lightly.”
Anderson noted passage of the bond package would have increased
annual debt service payments on the project to $9 million.
For more information, contact:
Sen. Anderson: (405) 521-5569