Section 1299-K. Agreement of the state

--The state does hereby pledge to
  and agree with the holders of any  notes  or  bonds  issued  under  this
  title,  that  the state will not limit or alter the rights hereby vested
  in the authority to acquire, establish, construct, effectuate,  operate,
  maintain,  renovate, improve, extend or repair any authority facilities,
  to establish, levy and collect fares, tolls, rentals, rates, charges and
  other fees, to receive and use for its corporate purposes, in  the  same
  manner  as  its own funds and revenues, all moneys directed by law to be
  paid to it by the Buffalo and Fort Erie public bridge authority, and  to
  fulfill the terms of any agreements made with the holders thereof, or in
  any  way impair the rights and remedies of such holders until such notes
  or bonds, together with the  interest  thereon,  with  interest  on  any
  unpaid  installments  of  interest, and all costs and expenses for which
  the authority is liable in connection with any action or  proceeding  by
  or  on  behalf  of  such  holders,  are  fully  met  and discharged. The
  authority is authorized to include this  pledge  and  agreement  of  the
  state in any agreement with the holders of such notes or bonds.