NOTE: Repealed by Acts 2008, No. 686, §3, eff. July 1, 2009, if the Department of Economic Development recommends that the Louisiana Transportation Center is not economically feasible or the department does not receive the appropriate funding to conduct the study. See Acts 2008, No. 686, §§4 and 5.
A. It is found and determined that there exists a great and growing need in the state for airports, airport facilities, and improvements and access thereto.
B. It is the purpose and intent of this Chapter to establish an instrumentality to provide airports, airport facilities, and improvements and access thereto; to assist public entities in constructing, extending, rehabilitating, repairing, maintaining, and renewing airports and airport facilities; and to assist in the financing of such needs. The legislature recognizes that the state may authorize the issuance of general obligation bonds of the state, in accordance with law, to assist in the achieving of the purposes of this Chapter. This Chapter shall be applied and interpreted to promote this purpose.
NOTE: Repealed by Acts 2008, No. 686, §3, eff. July 1, 2009, if the Department of Economic Development recommends that the Louisiana Transportation Center is not economically feasible or the department does not receive the appropriate funding to conduct the study. See Acts 2008, No. 686, §§4 and 5.
A. It is found and determined that there exists a great and growing need in the state for airports, airport facilities, and improvements and access thereto.
B. It is the purpose and intent of this Chapter to establish an instrumentality to provide airports, airport facilities, and improvements and access thereto; to assist public entities in constructing, extending, rehabilitating, repairing, maintaining, and renewing airports and airport facilities; and to assist in the financing of such needs. The legislature recognizes that the state may authorize the issuance of general obligation bonds of the state, in accordance with law, to assist in the achieving of the purposes of this Chapter. This Chapter shall be applied and interpreted to promote this purpose.
NOTE: Repealed by Acts 2008, No. 686, §3, eff. July 1, 2009, if the Department of Economic Development recommends that the Louisiana Transportation Center is not economically feasible or the department does not receive the appropriate funding to conduct the study. See Acts 2008, No. 686, §§4 and 5.
A. It is found and determined that there exists a great and growing need in the state for airports, airport facilities, and improvements and access thereto.
B. It is the purpose and intent of this Chapter to establish an instrumentality to provide airports, airport facilities, and improvements and access thereto; to assist public entities in constructing, extending, rehabilitating, repairing, maintaining, and renewing airports and airport facilities; and to assist in the financing of such needs. The legislature recognizes that the state may authorize the issuance of general obligation bonds of the state, in accordance with law, to assist in the achieving of the purposes of this Chapter. This Chapter shall be applied and interpreted to promote this purpose.
