The authority is authorized to borrow money and to issue interim debentures evidencing construction or short-term loans for the acquisition or improvement and equipment of the solid waste system or any project in supplementation of long-term financing and the issuance of bonds as provided in Sections 86 through 88 N.M. Stat. Ann. § 74-10-86 to 74-10-88 of the Solid Waste Authority Act.