Recognizes that the scientific evidence and geologic record of the central Puget Sound region of the state is at high risk for catastrophic seismic events and that King, Snohomish, and Pierce counties represent over sixty percent of the state's economic activity.

Recognizes that destruction or significant disruption of the state's center of economic activity would have a long-term crippling effect on the economic and social welfare of all citizens of the state.

Finds that it is in the state's best interest for the safety and welfare of its citizens that regional transit authorities be organized and act as dual purpose entities serving both public transit needs and emergency evacuation and disaster response support in case of catastrophic natural and terrorism events.