Title 46, Chapter 9, Section 328
( 46-9-328)
The implementation of rail passenger excursion projects within the
service area develops and promotes, for the public good and general
welfare, trade, commerce, tourism, industry, and employment
opportunities and promotes the general welfare of the state by
creating a climate favorable to the location of new industry, trade,
and commerce and the development of existing industry, trade, and
commerce within the State of Georgia. Implementation of rail
passenger excursion projects within the service area under this
article will develop and promote, for the public good and general
welfare, trade, commerce, tourism, industry, and employment
opportunities and will promote the general welfare of the state. It
is therefore in the public interest and is vital to the public
welfare of the people of Georgia, and it is declared to be the
public purpose of this article to so develop rail passenger
excursion projects within the service area. No bonds, notes, or
other obligations, except refunding bonds, shall be issued by the
authority pursuant to this article unless its membership adopts a
resolution finding that the project for which such bonds, notes, or
other obligations are to be issued will promote the foregoing
objectives. |