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A bond authorization bill that could result in the creation of more than 9,000 jobs is now on its way to Governor Brad Henry for consideration. Senator Mike Mazzei, R-Tulsa, is principal author of Senate Bill 239, which will authorize bonds needed to make safety improvements to Zink Dam, as well as create low-water dams in Sand Springs and the Jenks/South Tulsa areas.
“SB 239 authorizes $25 million in bonds, but that will enable us to secure an additional $50 million in federal funds for this project,” Mazzei said. “Over the next seven years, these projects are projected to create a total economic impact of $2.8 billion and approximately 9,450 jobs—this is a phenomenal economic development opportunity for Oklahoma.”
Mazzei said the $25 million bond authorization language was actually approved by the 2008 legislature, but the State Supreme Court ruled the projects contained in the bill had to be approved in separate pieces of legislation.
“Certainly we’ve seen the economic growth and development along the Oklahoma River and what a success that has been for central Oklahoma,” Mazzei said. “We are now poised to create an exciting array of projects along the Arkansas River Corridor that will create jobs, boost tourism and address important safety issues as well. These enhancements will ultimately benefit our entire state.”