                                 CODE OF VIRGINIA

FINDINGS; PURPOSE; GOVERNMENTAL FUNCTION (§ 33.2-3801)

The General Assembly finds that the creation of a regional passenger rail
station authority will enable the members to cost share an economic development
asset that is not affordable to individual members. A passenger rail station
authority will directly benefit and enhance the economic base of the members by
allowing the development, ownership, and operation of a facility on a
cooperative basis. The exercise of powers granted by this chapter shall be in
all respects for the benefit of the inhabitants of the region and other areas of
the Commonwealth, for the increase of their commerce, and for the promotion of
their safety, health, welfare, convenience, and prosperity.

HISTORY: 2021, Sp. Sess. I, cc. 353, 354.