2049-N - Agreement with the town.

§ 2049-n. Agreement with the town. The town is authorized to pledge to  and agree with the holders of any bonds issued by the authority pursuant  to  this  title that the town will not limit or impair the rights hereby  vested in the  authority  to  purchase,  construct,  maintain,  operate,  repair,  improve,  increase,  enlarge,  extend,  reconstruct,  renovate,  rehabilitate or dispose of any project, or any part  or  parts  thereof,  for  which  bonds  of the authority shall have been issued, to establish  and collect rates, rents, fees and other charges  referred  to  in  this  title  and  to fulfill the terms of any agreements made with the holders  of the bonds or with any public corporation or person with reference  to  such  project  or  part  thereof,  or  in  any way impair the rights and  remedies of the bondholders, until the  bonds,  together  with  interest  thereon,  with  interest  on any unpaid installments of interest and all  costs and expenses in connection with any action or proceeding by or  on  behalf of the bondholders are fully met and discharged.