Bill Summary: Senate Concurrent Resolution 56

• Demands all parties halt any sale, lease, or transfer agreement of Sardis Reservoir water resources and facilities from the State of Oklahoma to Oklahoma City Water Utilities Trust or any other entity.

• Requires completion of the state's comprehensive water plan update (due 2011) and a full, accurate appraisal of Sardis Reservoir's value before any such transfer can proceed.

• Mandates all future negotiations and meetings regarding this issue be held publicly with equal representation for all governmental entities and citizens, plus proportional sharing of any monetary or economic benefits.

• Addresses the state's $28 million debt to the federal government for the Sardis Reservoir facilities under a 1974 contract, which the proposed transfer would allegedly resolve.

• Directs distribution of the resolution to the Governor, legislative leaders, Oklahoma Water Resources Board officials, Oklahoma City officials, and the Attorney General.