Opinion No. ( 1966 )

OPINION — AG — A LONG TERM CONTRACT BETWEEN A MUNCIPALITY AND A PUBLIC UTILITY FOR THE PURCHASE OF POWER WILL CONSTITUTE A "DEBT" WITHIN THE MEANING OF ARTICLE X, SECTION 26, OF THE OKLAHOMA CONSTITUTION AND THE STATUTES PERTAINING TO MUNICIPAL FISCAL AFFAIRS. CITE: 62 Ohio St. 1961 310.2 [62-310.2] (SAM HELLMAN)