(a) The authority is:
(1) essential to accomplish the purposes of Section 59, Article XVI, Texas Constitution; and
(2) created to serve a public use and benefit.
(b) All land and other property inside the authority's boundaries will benefit from the authority.
(c) All of the authority's territory will benefit by the exercise of the powers, rights, privileges, and functions conferred by this chapter.
(d) This chapter addresses a subject in which this state is interested.