Application of Bd. of Regents, Etc.

SIMMS, Justice:

The Board of Regents of the University of Oklahoma seek to invoke original jurisdiction of this Court and have us judicially validate a Utility System Revenue Bond Issue, Series 1979, in the amount of $7,060,-000.

Proceeds from sale of the 1979 Series Bonds is to complete Phase V of the steam and chilled water plant servicing the Health Sciences Center located in Oklahoma City, Oklahoma. Phase V consists of expansion and improvement of the system.

Our present Attorney General objects to this Court entertaining the instant validation suit for three reasons: First, the 1979 Series…