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557
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HARRY HUGHES, Governor
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(4) THE CONTROL OR ABATEMENT OF POLLUTION OF THE
ENVIRONMENT OF THE STATE, INCLUDING THAT BY NOISE, IS NECESSARY
TO RETAIN EXISTING INDUSTRY AND COMMERCIAL ENTERPRISES IN, AND
ATTRACT NEW INDUSTRY AND COMMERCIAL ENTERPRISES TO THE STATE AND
TO PROTECT THE HEALTH, WELFARE, AND SAFETY OF THE CITIZENS OF THE
STATE, TO PROTECT THE NATURAL RESOURCES OF THE STATE, AND TO
ENCOURAGE THE ECONOMIC DEVELOPMENT OF THE STATE;
(5) THE PUBLIC PORTS OF THE STATE ARE ASSETS OF VALUE
TO THE ENTIRE STATE; THE RESIDENTS OF ALL PARTS OF THE STATE
BENEFIT DIRECTLY FROM THE WATERBORNE COMMERCE THAT THEY ATTRACT
AND SERVICE; AND ANY IMPROVEMENT TO THESE PORTS THAT INCREASES
THEIR EXPORT AND IMPORT COMMERCE WILL BENEFIT THE PEOPLE OF THE
ENTIRE STATE;
(6) BUSINESSES NEED GREATER ACCESS TO CAPITAL
MARKETS; AND
(7) THE AVAILABILITY OF FINANCIAL ASSISTANCE WILL
PROMOTE THE ECONOMIC DEVELOPMENT OF THE STATE.
(B) DECLARATION OF PURPOSE. - THE GENERAL ASSEMBLY DECLARES
ITS LEGISLATIVE PURPOSE TO:
(1) RELIEVE CONDITIONS OF UNEMPLOYMENT IN THE STATE;
(2) ENCOURAGE THE INCREASE OF INDUSTRY AND COMMERCE
AND A BALANCED ECONOMY IN THE STATE;
(3) ASSIST IN THE RETENTION OF EXISTING INDUSTRY AND
COMMERCE AND IN THE ATTRACTION OF NEW INDUSTRY AND COMMERCE IN
THE STATE THROUGH, AMONG OTHER THINGS, PORT DEVELOPMENT AND THE
CONTROL, REDUCTION, OR ABATEMENT OF POLLUTION OF THE ENVIRONMENT
AND THE UTILIZATION AND DISPOSAL OF WASTES;
(4) PROMOTE ECONOMIC DEVELOPMENT;
(5) PROTECT NATURAL RESOURCES AND ENCOURAGE RESOURCE
RECOVERY; AND
(6) GENERALLY PROMOTE THE HEALTH, WELFARE, AND SAFETY
OF THE RESIDENTS OF EACH OF THE COUNTIES AND MUNICIPALITIES OF
THE STATE.
(C) CONSTRUCTION OF SUBTITLE. - THIS SUBTITLE SHALL BE
LIBERALLY CONSTRUED TO EFFECT ITS PURPOSES.
13-103.
IN ANY SUIT, ACTION, OR PROCEEDING INVOLVING THE VALIDITY OR
ENFORCEABILITY OF ANY AGREEMENT ENTERED INTO BY THE AUTHORITY
UNDER THIS SUBTITLE, OR OF BONDS ISSUED BY THE AUTHORITY, OR ANY
SECURITY THEREFOR, ANY FINDING BY THE AUTHORITY UNDER THIS
SUBTITLE AND ANY FINDING BY THE AUTHORITY AS TO THE PUBLIC
PURPOSE OF ANY ACTION TAKEN UNDER THIS SUBTITLE AND THE
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