* § 2461. Legislative findings. It is hereby found, determined and
declared that there is an immediate need to promote the further
development of recreational opportunities in the state by facilitating
the acquisition, construction and rehabilitation of sports complexes,
stadiums, arenas and related facilities for the holding of professional
and amateur athletic events; to provide a means to attract and locate
major professional team franchises in the state. It is further declared
it is desirable that a state sports authority be created for the purpose
of providing and maintaining such sports facilities and the creation and
maintenance of facilities incidental or useful in the operation of
sports facilities. It is hereby further declared that the corporate
purposes and powers conferred under this title and the expenditure of
public moneys pursuant thereto constitute a serving of a valid public
purpose.

* NB (Disbanded March, 1980)