1. TO ASSIST THE CITY OF ARLINGTON AND SURROUNDING MUNICIPALITIES IN THE NORTH TEXAS REGION WITH EFFORTS TO BE AWARDED, THROUGH HIGHLY COMPETITIVE SELECTION PROCESSES INVOLVING SITES NOT LOCATED IN TEXAS, THE RIGHT TO HOST SPORTING AND NON-SPORTING EVENTS; 2. TO ASSIST WITH THE ORGANIZATION, ADMINISTRATION, MANAGEMENT, PROMOTION AND OPERATIONS OF SUCH EVENTS; 3. TO PROMOTE THE COMMON ECONOMIC INTEREST OF ARLINGTON, TEXAS AND THE NORTH TEXAS REGION AND LOCAL BUSINESSES.