Section 553-D. Special Triborough bridge and tunnel authority special obligation bonds and notes

In  addition  to  the  powers  contained  elsewhere  in  this  title  with  respect  to the projects authorized by
  paragraphs (m), (n), (o), (p) and (r) of  subdivision  nine  of  section
  five  hundred  fifty-three of this title, and subject to the application
  of the revenues and other monies and assets of the authority pursuant to
  section twelve hundred seventy-d of  this  chapter,  the  authority  may
  issue  its  bonds  and  notes  to finance such projects payable from and
  secured by all or any part of the moneys received by the authority  from
  the   metropolitan  transportation  authority  special  assistance  fund
  established under section twelve  hundred  seventy-a  of  this  chapter,
  provided  however that such bonds and notes may also be payable from and
  secured by any other moneys, securities  and  funds  designated  by  the
  authority  as  additional  security  therefor. Debt service on bonds and
  notes issued by the authority pursuant to this section which is paid  or
  reimbursed  from  moneys received by the authority from the metropolitan
  transportation authority special assistance fund shall not be deemed  to
  constitute  debt  service  incurred  by  the  authority  for purposes of
  subdivision three of section twelve hundred nineteen-a of this  chapter.
  Such  bonds  or  notes shall be issued in the manner provided in section
  five hundred sixty-one of this title.