§ 8-14.5-1-1 — Findings of fact

Indiana § 8-14.5-1-1

• Jurisdiction: Indiana
• Art. 14.5: LEASE FINANCING FOR TRANSPORTATION
• Ch. 1: Legislative Findings of Fact

Text

The general assembly makes the following
findings of fact:
(1) That there exists in Indiana a need for construction,
acquisition, reconstruction, improvement, and extension of
transportation systems in order to provide for the public welfare
and safety by providing safe, dependable, and reliable
transportation systems for vehicular traffic.
(2) That the development and maintenance of Indiana's economy
requires an adequate transportation system in order to provide for
the public welfare and to facilitate the creation and maintenance
of jobs, the increase and stabilization of the tax base, and the
general economic welfare of the state and its citizens.
(3) That it is necessary to serve the public interest and to provide
for the public welfare by adopting this article for the purposes
described in this article.

Legislative History

As added by P.L.68-1988, SEC.12.