§ 7.10. Transition and implementation.

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For purposes of initial implementation of the provisions found in Sections 7.4 through 7.9, the City shall not be required to make allocations of any anticipated excess revenues under Section 7.5 until the projected revenues initially exceed $250 million.

Note: Sections 7.4 through 7.10 were added to read as set out above by a special election voted November 2, 2010 and approved by the Governor on March 18, 2011. There were 67,314 votes in favor of the addition and 33,780 against the addition. The title to this addition read:

Shall the existing Charter of the City of Tulsa, as heretofore amended, be further amended to provide for the creation and maintenance of an Economic Stabilization Reserve Fund for the City of Tulsa, Oklahoma?

                    
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