(a) The authority is created to serve a public use and benefit.
(b) All property in the authority will benefit from the works and projects the authority will accomplish under the powers conferred by Section 59, Article XVI, Texas Constitution.
(c) The authority's creation is essential to accomplish the purposes of Section 59, Article XVI, Texas Constitution.
(d) The authority performs an essential public function under the Texas Constitution in carrying out the purposes of this chapter because the accomplishment of those purposes is for the benefit of the people of this state and the improvement of their properties and industries.