582 - Agreement of the state.

§ 582. Agreement of the state. The state does pledge to and agree with  the  holders  of  any  bonds  that  the  state  will  not  authorize the  construction of any causeway, bridge, tunnel,  road,  highway  or  other  connection  for  vehicular  traffic,  which will be competitive with the  bridges authorized pursuant to this title nor will it limit or alter the  rights hereby vested in the authority to establish and collect tolls and  fix and collect payments, charges and fees or  in  any  way  impair  the  rights  and  remedies  of bondholders; provided that a causeway, bridge,  tunnel, road, highway or other connection for vehicular traffic shall be  considered as competitive  only  if  it  shall  form  a  connection  for  vehicular traffic between the state and the province of Ontario, Canada,  across  the  Saint Lawrence river within a distance of thirty miles from  the bridges authorized pursuant to this title.