§ 29-23-102 — Legislative declaration

Colorado § 29-23-102

• Jurisdiction: Colorado
• Title 29: Government
• Art.: Pueblo Depot Activity Development Authority

Text

(1) The general assembly hereby finds
and declares that:

(a) Changes in the world's political, social, and economic policies have
resulted in changes in the military needs of the United States;

(b) Congress has ordered that certain military installations be closed or
realigned pursuant to the Defense Authorization and Base Realignment and
Closure Act, 26 U.S.C. sec. 2687, as amended;

(c) Base closure or realignment has a severe and adverse impact on the
economy of the community, region, and state where the installation is located;

(d) The installations ordered closed or realigned represent an investment of
millions of dollars in the land, improvements, and equipment located on the
installation by the taxpayers of the community, region, state, and nation; and

(e) The land, improvements, and equipment represent a potential economic
resource to promote new employment opportunities and, thereby, enhance the
state and local tax base.

(2) The general assembly further finds and declares that:

(a) Congress has ordered the Pueblo depot activity to be realigned, then
closed, pursuant to the Defense Authorization and Base Realignment and Closure
Act, 26 U.S.C. sec. 2687, as amended;

(b) The Pueblo depot activity encompasses some thirty-four and three-tenths square miles of land in Pueblo county and contains more than one thousand
two hundred buildings; and

(c) The creation of a Pueblo depot activity development authority is
necessary to provide a public entity which can secure from the Army of the United
States the excess and surplus land, buildings, and equipment; enter into
cooperative agreements; and acquire, construct, reconstruct, repair, alter, improve,
extend, own, lease, operate, and dispose of properties, in an attempt to promote the
development of the Pueblo depot activity for the people of this state.

(3) The general assembly further finds and declares that the Pueblo depot
activity development authority is created for the benefit and advantage of and to
promote the health, safety, and welfare of the people of the state of Colorado and
that, as such, it is the intent of the general assembly that this article shall be
liberally constructed to effect its purpose.

Legislative History

Source: L. 94: Entire article added, p. 954, � 1, effective April 28.