Common use of Projects and Costs Clause in Contracts

Projects and Costs. 2.1. Use funds only for the purpose of paying for Eligible Expenditures incurred with respect to Eligible Projects in accordance with Schedule B (Eligible Project Categories) and Schedule C (Eligible and Ineligible Expenditures). 2.2. Be responsible for the completion of each Eligible Project in accordance with Schedule B (Eligible Project Categories) and Schedule C (Eligible and Ineligible Expenditures). 2.3. Complete all projects by December 31, 2034, without exception, and acknowledge that any costs incurred after that date are not Eligible Expenditures. 2.4. Acknowledge that any funds received by the Municipality that are not used for the purpose of paying for Eligible Expenditures incurred by December 31, 2034, with respect to Eligible Projects, shall be a debt owed and payable to Nova Scotia by the Municipality. 2.5. Agree that any CCBF Funds received will be treated as federal funds for the purpose of other federal Infrastructure programs.