Cost Undenun Sample Clauses

Cost Undenun. Upon the final acceptance by City of any Public Infrastructure and payment of all outstanding invoices for such Public Infrastructure, if the actual costs of such Public Infrastructure is less than the budgeted costs (a "Cost Underrun"), any remaining budgeted amount will be available to pay Cost Ovenuns on any other Public Infrastructure for the associated PID. The City shall promptly confirm to the trustee of the PID Bonds issued to finance such Public Infrastructure that such remaining amounts are available to pay such Cost Ovenuns, and the City, with input from the Owner, will decide how to use such moneys to secure the payment and performance of the work for other Public Infrastructure, if available.
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