N.Y. Public Authorities Law § 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.