Section 2-6-21

Legislative findings and intent.

The Legislature has ascertained and found and hereby declares that agriculture, dairying and the raising of livestock constitute the principal sources of income of the inhabitants of the state, and it is in the public interest for the state to use every reasonable means to further the development of those pursuits. At the time of adoption of this article, the state had begun the construction of the coliseum as a building designed primarily for use in the education of the inhabitants of the state in the said pursuits and the holding in the coliseum of livestock shows, agricultural and industrial displays, markets for livestock and agricultural products and other exhibits and related events. The coliseum had not been then completed because of lack of funds available for that purpose, and in its incomplete condition it was not capable of rendering the service to the inhabitants of the state for which it was intended. It was the intent of the Legislature, by the passage of this article, to authorize the incorporation of a public corporation as an agency of the state for the purpose of acquiring the coliseum and of completing the construction and equipment thereof, at a cost not exceeding $1,250,000.00, to provide for the lease of the coliseum and to vest said corporation with all powers, rights, privileges and titles that may be necessary to accomplish such purpose. This article shall be liberally construed in conformity with the said intent.

(Acts 1951, No. 532, p. 934, §2.)