BMP Sample Clauses

BMP. “BMP” has the meaning given to such term in Section 8.1.3.

BMP. The parties acknowledge and agree, with respect to the BMP Agreement, that: a. HP has paid $881,010.71 to date (the “Current Payments”) towards its share of the costs for the BMP under the BMP Agreement; b. the City shall complete the BMP such that it is available to HP for stormwater management associated with the Project on or before 3 years from the date of this Agreement; c. HP’s share of the costs for the BMP under the BMP Agreement (the “HP Share”) is currently estimated to be $3,080,000.00 in addition to the Current Payments, and is subject to revision based on actual costs of the BMP in accordance with the BMP Agreement; d. the City shall pay all costs associated with the BMP as the same become due and HP will reimburse the City for the HP Share by payment to the City of $2,000.00 per residential unit constructed within the area of the Project shown as “PHASE 2” on Exhibit F (“Phase 2”), which amount shall be due and payable at the time of issuance of a building permit for each such residential unit; provided, however, the entire HP Share shall be due and payable to the City within ten years after completion of the BMP if not sooner paid; e. the City acknowledges that the BMP was designed to accommodate water quality and quantity treatment, in accordance with current regulations, for the impervious area of Independence Boulevard and full development of Phase 2 (the “Reserved Treatment Capacity”) as well as City needs related to prior flooding in the area; f. the Project shall be entitled to and the City shall reserve for the Project the Reserved Treatment Capacity; g. HP shall not be required to post any surety for its obligations hereunder or under the BMP Agreement; and h. following completion of the BMP, the City agrees, at its sole expense, to maintain, repair, upgrade, and or replace the BMP in good order and repair.

BMP. Address: ▇▇▇ ▇. ▇▇▇▇▇▇▇▇▇▇ ▇▇▇▇, ▇▇▇▇▇ ▇▇▇, ▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇, ▇▇ ▇▇▇▇▇, ▇▇▇ Fax No: ▇-▇▇▇-▇▇▇ 1676 Addressed for the personal attention of: Chief Financial Officer

BMP a Best Management Practice: a schedule of activities, prohibitions, practices, maintenance procedures, and other management practices to prevent or reduce the pollution of water in the state or other BMPs that may be allowed from time to time by the TCEQ or in amendments to Texas Administrative Code Volume 30, TCEQ Chapter 213 or the TCEQ technical guidance. BMPs are those measures that are reasonable and necessary to protect groundwater and surface water quality, as provided in technical guidance prepared by the executive director of the TCEQ or other BMPs described or allowed in the Development Standards.

BMP. 1.5 - Provide stormwater educational programs, publications and/or other types of public awareness efforts for adult general public audiences a) Contractor shall provide programs, news or other public media segments, public service announcements, and/or other stormwater informational publications that are specifically targeted to reach the general public of the Roanoke Area. These may take the form of public service announcements, advertisements/bulletins, research reports, interviews, documentaries, etc. Creative development, expression, diversity and multi- media communications are all strongly encouraged. The goal of this BMP is to effectively reach the broader adult population that are not accessed via the school-oriented services provided under BMP# 1.1, and who may not be receptive to such messages when they are targeted towards youth. b) Contractor shall produce and deliver annually at least two stormwater educational programs, publications and/or media products for general publication in addition to routine merchandise distribution. Delivery of this service should emphasize and/or feature local issues and interests, and be specific to the Upper Roanoke River watershed to the maximum extent practical. c) Contractor shall coordinate and/or facilitate the broadcast, publication, and/or distribution of these services so as to maximize their viewing and/or access. d) Contractor shall provide the City of Roanoke with reasonable advance notification of all related release and publication dates and times. e) Contractor shall provide quarterly documentation of these services as described in Section A.2 of this Scope of Services. Photo-documentation will be provided.

BMP. Shenglongda and RHIT agree that after the completion of the share transfer and capital increase provided herein, it will assist the Company to solve the funding required for the future development of the Company as per its equity percentage.