The Legislature hereby finds and declares that:
1. The payment of prevailing wages to workers on public works projects that are funded in whole or in part by public money is essential to:
(a) The economic well-being of this State;
(b) Increasing the number of skilled construction workers in this State;
(c) Enhancing the workforce in this State; and
(d) Increasing redevelopment opportunities in this State.
2. To ensure the intentions set forth in subsection 1 are upheld, careful scrutiny of novel leasing and financing arrangements entered into or incentives offered by public bodies for the construction of public works is necessary to ensure that workers on public works projects are paid prevailing wages.