# (O/23,’03 

# I

CLARK COUNTY AIR QUALITY REGULATIONS
SECTION 59- EMISSION OFFSETS Table ofContents
Subsection Subsection Title Pa
59.1.1 Scooe ofApplicability 2 59.1.2 UnitofMeasure 2 59.1.3 Federal OffsetThresholds 2 59.1.4 Federal OffsetRatio Requirements 3 59.1.5 Use ofERCs to Satisfy.Federal Offset Requirements 4 59.2 Local 

### OffsetRequirements 5 59.2.1 Scooe ofApplicability 5 59.2.2 SunsetClause 5 59.2.3 UnitofMeasure 59.2.4 Local OffsetThresholds 5 59.2.5 Local OffsetRatio Requirements 7 59.2.6 Annual Emissionè Inventory Submittal Requirements 9 59.2.7 Use ofCredits to Satisfy Local Offset Requirements 11 59.3 Offsetand Credit Restrictions 11 59.3.1 Scope ofApplicability

- 

### 11 59.3.2 Restrictions on InterpollutaritTrading 11 59.3.3 Restrictions on Offsetting Emissions between Airshed Reciions 11 59.4 Offsetand Credit General Requirements 12 59.4.1 Scope ofApplicability 12 59.4.2 General Requirements 12 59.5 CreditTransactions 12 59.5.1 Scone ofApplicability 12 59.5.2 CreditTransferRequirements 13 59.5.3 Credit Ownership and Transaction Documentation 13 59.5.4 Procedures forTransferring Credits 13 59.5.5 Procedures for Redeeming Credits 14 59.6 CreditTransaction Fees 14 59.6.1 Scope ofApplicability 14 59.6.2 CreditTransferRequest Fees 14 59:1 FdrI 

### Offs I Reauirémeritc 9



### Amended______ _______________



### CCAirQualifyRegulations

# fO/V/03

59.1 Federal Offset Requirements 

### (RE: Section 59 and Previously Section 58) 59,1.1 Scope ofApplicabflitv. Subsection 59.1 apolies to new 

### major stationary sources and existing stationary sources underooino modificationthatwill become a major stationary source or remain as a major stationary source (Modifying maior stationary source). 59.1.2 Unit of Measure. The unit of measure for offset ratios and thresholds shall be based on tons peryear (tpv) ofthe specified pollutant. 59.1.3 Federal OffsetThresholds: 59 1 3 1 When a pollutant 

### specific offset threshold ta tnaaered for a new or modifvino malor stationary source, that milor stationa soure shall satisfy the olTet requirement In subsection 59.1.4 for that specific pollutant, which includes all such nollutgnt soecific fugitive emissions, forall emission units forthe sourcethat emits such oollutant sDecific emissions. 59.1.3.2 The following table contains offset thresholds by malor stationary source tybe. area designation. and pollutant. The thresholds shall be aoi,lied based on the classifications contained in the table. When a major stationary source triaers 

### a oollutant soecific threshold listed in the table. federal Offsets shall be imposed based on the pollutant soecific ratio contained in Table 59.1.2 for the soecific oollutantthreshold being triggered.



### Amended 59-2 CCAirQualiWReaulations

# 1 

# 3

Table 59.1.1 Major Stationary Source Federal Offset Thresholds by Source Type. Area Designation, and Pollutant. NEWMAJOR STATIONARY SOURCE OFFSET THRESHOLDS Item Area Designation Pollutant Threshold Seriàus NonattainmentArea

V O PTE=>70 2

V PM PTE=’70 3 NO NotApplicable 4 V NotApplicable Moderate NonattainmentArea 5

V CO NotApolicable 6

V PM PTE=’IQO

V 7 V
V ‘ NO NotApplicable
• 8 V V VOC NotApolicable MODIFYING MAJOR STATIONARY SOURCE OFFSET THRESHOLDS V (AFTER MODIFICATION)

V V item Area Designation

V Pollutant Threshold Serious NonattainmentArea 9 CO PTE => 70 and NEI => I 10

V PM PTE >70 and NEI > 15 11 j4Q NotApplicable 12 V VOC NotAlicable Moderate NonattainmentArea 13 CO NotADplicable 14 PM PTE=>lOOandNEl=>15 15 NO NotAIIcable 16

V VOC NotApplicable PTE Potential to Emit. NEI = Net Emissions Increase V 59.1.4 Federal Offset Ratio Reguirements: 59.1.4.1 Offset reauirements shall be based on a ratio of an Emissions decrease to an Emissions increasefor a specific pollutant.
59.1.4.2 The following table contains offset ratios by designated area and pollutant. When a major stationary source triggers any ofthe thresholds contained in Table 59.1.1. the 

### ratios listed in Table 59.1.2 shall be aolied based on the classifications contained in the table for a specific oollutant.

Amended 

### CCAirQualityRegulations 59-3

# f/13/O3
Table 59.1.2 Federal Offset Ratio Reciuirements byArea Designation and Pollutant. Item Area Designation Pollutant Offset Ratio Serious NonattainmentArea I CO 2:1 2 PM 21 3 NO NotApplicable 

### 4 VOC NotApplicable Moderate Nonattainment Area 5 CO NotApplicable 6 PM 1.1:1 7 NO NotApdicable

. . . . YOC NotApplicable. 59.1.4.3 For any new stationarv source. the amount to be offset shall be based on the 

### PTE fora SPecifiC

### pollutant. 59.1.4.4 For any modifying malorstationary source. the amountto be offset shall be eaual to the NE! times the offset ratio for the specific oollutant. The malor stationary source shall be given credit for any portion

## ofthe NEI that was previously offset. A ore-modification PTE may only include fualtive emissions If the fugitive emissions where inclUded in the emissions inventory orior to the modification. PTEs and actual emissions used lbr NEI calculation shall be based on identical emission factors for purposes of offset determination, which shall be accomplished using the follIng method: 59.1.4.4.1 For an unmodified emission unit, the emission factor shall be the emission 

### factor contained in the previous (ore-modification) Authority to Construct and/or Operating Permit and associated documents used for the emissions inventory calculations. 59.1.4.4.2 For a modified emission unit, the emission factor shall be the emission factor

V contained in the revised (post-modification) Authority to Construct and/or Ooeratinp Permit and associated documents used for the emissions inventory calculations. Due to themodification, It may not be feasible to apply the same emission factor. Ifthis situation arises. the ore-modification emissions shall be the emission factor contained in the previous (ore-modification). Authority to Construct and/or Operating Permit and the pot-modlflcation emissions shall be the emission factor contained in the revised (post-modificationl Authority to ConstructandforOperating Permit 59.1.4.4.3 For a new emission unit, the emission factor shall be the emission factor contained in the revised (post-modification) Authori to Construct and/or Ooeratlna Permit and associated documents used for the emissions inventory calculations. 59.1.4.4.4 For an emission unit that has been removed from the current (post-modification) emissions inventory, the emission factor shall be the emission factor contained in the previous (ore-mod jfication) emissions inventory 

### Amended 

### CCAirQualityReaulations 59-459.1.5 Use of ERCs t Satisfy Federal Offset Requirements. Pollutant soecific emissions shall be offset with existing ERCs issued under Section 58 for that soecific pollutant or mitigated with emission reductions of the same oollutpnt. lnterpoUutanttrading is prohibited.

. - Local OffsetRequirements. 

### 7 (RE: Section 12) 5’Zl 

### Scooe ofAøllcabilitv. Subsection 59.2 aoplies to exstinci stationary sourcçi” 

## \ new stationary sources, and 

### modiing stationary sources (an existincá statirv



## \ source underooina modification). Stationary sources shalt be cateoo’ p 

## \ Non-maor. which is p Non-Maior Stationary Source and Major. which a Major

.. \Stationarv Souice. This subsection does not apotv tp SéctIon 5 or Federl 

### Qffget Requirements under Subsection 59.1. 59.2.2 Sue Clause. On December 31. 2006 local offset require nts for stationary source,iftbe eliminated and existing Section 12 ERCs existing Section 12 Road Pa4ra Credits will be devalued to 0 (zero) (Thi is a sunset clause for Local OffsetReauirements). 59.2.3 Unit of Measur\The unit ofmeasure for offs ‘os and thresholds shall be based ontons oer%ar

### (toy) ofthe 

### secif led 59.2.4 Local OffsetThreshol\ 59.2.4.1 Fora new ormodifying sta’bziarv so

. the offsetthresholds shall be based on Potential to Emit (PTE’I. -Wh ollutant soecific offset threshold is triaaered for a new or 

### modifying station source. that stationary source shall offset all such pollutant soeciflc emis ns sed on the PTE. including all such pollutant soeciflc fuaitive emissions or all

‘ Sign units for the source that emits such pollutant specific emissi a. For an eao çta’ the reshotds shalt be based 

### on actual emissions. ifthe5átioharv source submitted àq annual emissions inventory that complied witI4)l submittal requirements. Othe’Wrise. the offset thresholds and ratios shalibé based onthe PTE fora specific ooIh)tntcontained, intheAiitholitv to ConstVOoeratinq 

### Permit that was in effect at riit4niaht on 31 ofDecember for_thYcalendar year for an existing stationary sourcè 1
. Uoon late submittal of the finUal emissions inventory that contains the reauire’.contents. ifthe actual issions are oreaterthan the PTE used in assessing wh’ètper a threshold was 

### aaered for a soecific oollutant the threshold shall be 

### re-assqsed based on the emissions forthat 

### specificpollutant.

Amended 

### 59-5 

### CC

### AirQ,uah’WRegulations 59.2.4.2 ‘f. .. V “WI ——

An existing stationary source shall not be assessed for annual offsets 

### for the previous yearwhen the source has been assessed forlocal offsetNased on 

### new and/or 

### modifying stationary source offset requirements for that balendar year.

### dedgu,atnAmended 

### CCAirQualityRèaulations 

# 7

\ble 59.2.1 StatioñaN Source Local Offset Thresholds by Source 

### Tvoe. Area Deson.


### an Pollutant. NEND EXISTING STATIONARY SOURCE OFFSETTHRESHOLDS \ogce 

## / Item Area Designation 

### Poftutant Presho)d No’Máior \ Serious NonattainmentArea I 

## \ CO NgtAcable 2 PM 3 

## \ NO NotAphcablc 4 VO NotApolicable Malor V VV

V SripuR

### NonattainmentArea V Not liçble NotApplicable. 

### 5 Mç)derat

### NónàttalnmentArea Ng iIiçble

V Notpblicóble

- 

### MODIFYING STATIONAY SOURCE OFFSETTHRESHOW (AFTER MODIFICATIONI

V Source 

## \ Item 

### Tvne Area DeNcinatlon Pollutant Threshold Non-Malor

V

V 

### Serious NoñqttainmentArea V 7 

## \ NotppIicble 

### PM PT>1

V NQ, 10 V V VQC Not$ppliç( II Moderate Npnattain e Area NotAj,lIcable Not

### Apolicable Maior V V

V V Serious Nonattain t i V NotAooliçLe 13 

## / V PM PT> I nd

V / (NEI >1 

## ariaN! < 151 14 

## / V NQ NotApplbI 15 V 

### / V 

### VOC NotAooltcable Mit Aha’kL M,i+ ArIrilir.hID 16 Modem$NonattainmentArea \ AE Actual Emissions. P Potentialto Emit. NEI

—

### NptEnissions Increase

* For a 

### new or modifyifici stationary source. Potential’tç Emit (PTEI shall be used for offset threshold assessrpénts. For an existing stationary s’irce. Subsection 59.2.4.2 shall be used to determjie when to use actual emissions tE or PTE for offset threshold assessments.,/ V 59.2.5 ,jhai 

### Offset Ratio Requirements. 59.2.5.1 

# / Offset reouirements shall be based on a ratio of an missions decrease to an 

# / emissions increase fora specific pollutant. S9.2. The following table contains offset ratios by area. tionarv source, and 

## / pollutant. When a stationary source triaciers any ofthe th olds containedin 

## / Table 59.2.1. the ratios listed in Table 59.2.2 shall be a on the classifications containedinthe table fora specific pollutant.

59.7—



### Amended 

### CCAirQualiWRegulations Ta2.9 ftem\ 

# / Local OffsetRatio Requirements by Area Designation and Pollutant. Area Designation Pollutant OffsetRa(io 

# \ Serious NonattainmentArea 

### / 

### i 

## ço Notlicable 2 

# \ /2:1 

### 3 

# \ NQ jdADollcable VOC iQotAoolicable 

### 5 Moderate NonattainmentArea 

### None 

# /NotApolicabjg 59.2.5.3 For a n stationary source, the amountto be offset shajIe based on 

### the PTE for a spec pollutant. The offset requirement shall be’ Drorate Iased on the month the A

‘ to Construct/Opçratlna Permitwas’issued until the end ofthe

... . calendar ve?r.. The croratina shafl be. based.orLrØlths oer calendar veer: A

:. ertiamonth nts as one month for pror*gAurooseL e.a 1 , an AijthorftvIc

. ConstrijcVOperati Permitwas Issued the 15U4fSeptemberwith an NEI offOQ toy ofCO: theref the offsetreauirement 100 pv Of

### CO is orçrated at .33 

### (4112) based on4 mo ths foran offsetregu meritof33.33 toy ofCO. 59.2.5.4 For any modifvina sta arv source, e Bmount to be offet shall be the difference between

### the o -mod’ TE lessthe ore-modification PTE for a specific pollutant A or ificati PTE hall onlv include fualtive emlssion if the fugitive emissions where n ded in thç emissions inventory odor to the modification. Both PTEs shal calculated on identical emissloq factors for purooses of offset determi

. which shall be 

### accomolished uslna the followina method: 59.2.5.4.1 For an unmodified emi on unit. the e ission factor shall be the emission factor contained In the 

### or vious (ore-mod ion) Authority to Construct and/or Oøerating Permit. 59.2.5.4.2 For a modified mission unit, the emission or shall be the emission factor contained in e revised (oost-modificati6n Authoriiv to Construct andlor Ooeratina rmlt. Due to the modification. it not be feasible to aoolv the same • •1aqtor. If this situation arises. ore-modlflcatlçn emissfoqs shell e emiión factorcontained inthe grev (ore-modification)Authority to C struct and/or Ooeratina Pçrmit and the cost- iflcation emissions shall be e emission factor contained in the revised boat- dification) Authority to 

# 9 struct andlorOoeratina Permit 59.2.5.4.3 /For a new emission unit. the emission factor shall be e emission factor 

# / contained in the revised boost-modification) Authority to Construct andlor 

# / Operating Permit. 

### 59.t4.4 For an emission unitthat has been removed from the current 

### ( modification)



# / emissions inventory, the emission factor shall be the emission factor ontained in 

# 7 the previous (ore-modification) emissions inventory. 

# / 59.2.5.4.5 The offset requirement shall be ororated based on the month the Au to 

# ,// Construct/Operating Permit was issued for the modification until the end the 

# \calendar year. The rprating shall be based on months oer calendar ar. A 

### \partial month counts as one month for ororatlna urooses. e.a.. an ithoritv to

onstructIODeratinq Permitwas issued the 15w’ ofSeotemberwith ap’NEI of 100 td of CO: therefore, the offset requirement of 100 toy ofCO is i’orated at .33 

### (4It based on4 months foran offsetreauirementof33.33 toyVCO. 59.2.5.5 For açxisfing stationary sourcethefollowing method shall b4sed to determine the pffsètratio. Ifan offsetthreshold fora soecific ooIlutant) triaaered based on actual erñis,onp. the amount to be offset for that spetfic c,ollutant shaH be based on qtual emissions. Otheiwise, the amounttoj offset forthat soecific pollutant shakbe based on Pit. which shall be the P’rforthat soecificpollutant contained in t1 Authority to Construct!Operatinci p€rmit that was in effect at midnight on the\1 of December for the calendq,’vear beina assessed for an :“ sttionarource. 

# / Annual Emissions ln’çnto Submittal Reauirçients. o ‘) 59.2.6.1 An existing stationary rce shall submit emisslpns Invçntorv oursuantto th recuirements stated In Si., ection 59,2. ofthe Air Quality Regulations by one of two methods: 

### (1) An existing stationary s complywiththe submission requirements throuah the annual rtina requirements of the Authority to ConstructlOoeratinq P

. V Or

. V An existing stati ry source submit a seoarate annual emissions inventory prior t 5:00 p.m. on th 31 day of March for the oreyiou calendaryear. the 31 day ofMar falls on a non-business dayfprclaric County Gove merit, the annual cmi Ions inventory shall be submitted prior to 5:0 p.m. on the last business av for Clark County Government thatpr the31daygfMarch. 59.2.6.2. The annual missions inventory shall be signed a responsible official for the stationary ource. The resoonsible official shall in de their name. title. date of 

# V signatu and the reaulred certification statemen The annual emissions invent shall containthe followina certification statem nt. whlchthe responsible ffjcj Is certifying: 

# / authorized to make this submission on behalfoft’lt1ners and ooerators the affected source oraffected units forwhich the submissl is made. I certify under penalty of lw that I have personally examlned’>snd am familiar with, the statements and information submitted in this documeik and all of its attachments. Based on my inquiry ofthose individuals with orirnarVçesronsibilitv for obtaining the information, I certify that the statements and infomition are to the.best ofmy knowledge and belieftrue. accurate, and comolete.’ 

# / Amended 

### CCAirQualityRegulations 59-9 

# 9Each oaae of the annual emissions invento shall include the curre/ number and the total numberofoaaes forthe emissions inventory. i.e.. P a I of 1fl Perie 2 oflU. Pane of 10. etc. 

# / 11w rns+a.y shall contain a detailed list ofall ission units \torthe ““ The following detail 1 TL co



### iii be for each unit

### forthe tti, ru c• -V I II II 1 I IlJISJ W1 IbW

. ._ LLIsn.I V as,... Its,.

- - It1 IWI 1W W I WIl II I

- 59.2.6.4

.—-- — — WI WV 1S

- —. — —- - - —

- - lU_ItIwui

- - - ...s,. .,y .. Table 59.2.3 

### Rdrel Annual Emission Inventory Emission UnitLine Ite Detail Elements. Element# lement 

### Nomenclature I isslon Unit

### Number T’ie çmlkn unit number 

### contained the Authority to Construct 

### d!prOpath g Pemilt.

-- -- 2

. .Emiss 

### .IJni

### Dçqiption

-• -•

- emi!cg unit descriøti 

### contained in the Authority to Cons. 

### ndJor Qpering 

### Pçrm. 3 Emission F pr$ou’çç

### Docur 

## mc rence/citc 

### forth urce documentforthe emission factor

. aooliedtç emisiçn un 4 Actual Annual P yctli: Un’ ofMeasure The unit of

.. U. gssoçipt 

### with thç emission unit. ç.g. tQflS pervr, gcres. hi miies

, veled oaryear. aallonsteryear. 

### etc. 5 Annual 

### Prodiction pr : 

### Quantity The quantity input or consumption based on the 

### unit of measure. 

## / 6 Pollutant 

## / The oOlljAnt emitted the emission unit. i.e.. PMCO. 

### VOC. 

### NOV.etc./ 7
V Emission For Thp’ emission 

### factor us In th emision 

### calculation, as refçhcçc1 bythe 

### ‘Emission Fa Source Document’. 8 Efficiv Percent 

## / The efficiency percent 

### ued in t emissions calculation. includes /collccticn efficençy 

### and/ormovaI e encv. 9 gtual Emission 

### (tons pryearl 

## 7 The 

### actual emisiQns stated In tons 

### veer, based on 

### thc up$tof 

## / measurer. auantitv emission factor, an 

### efficiency oercent beinu reoorted forthe emission unit.

59.2.6.5 The annual emissions inventory shall contain an emission 

### iit subtotal for each 

# 7 pollutant. 

### 8 -‘.--“ -_
46.7 59.2.6.8 The rniiI inventory shall contain 

### an n,nn 

### unit

V btntel for all pollutants.

V The annual emissions inventory shall contain a arand totalforeach 

### oolltant.

- V The annual emissions inventory shall contain a arand

### total forall pollutants.


### Amended 59-10 CCAirQuality

### Regulations

# 10/2

The annual emissions inventory shailbe

—.,,, 

### Construct and/or Operating Permit annual reportin uirements or it shall be -submitted as a standalone document. in é case, the annual emissions inNery submittal shall comolv with ecflements contained in Subsection 59.2.6. 59.2.7 Use ofCredits to lpffset Reauiremerita. 59.2.7.1 PM emissip (shall be offs 

## e’5tb9 Road Paving Credits issued under SectioD-’t with existing PM ERCs issueuqder Section 12. or with existino M1ERCs underSection 58. 59.2?1 For emissions other than PM. ollitnt soecific ernisions ltbè4fSçj with
• existing ERCs issued under Section 12 or Section 58 for that 

### soeciflc Hü1ant.

-

Intemollutanttrading is prohibited. 59-3 Offset and Credits Restrictions—AoDliesto Federal and Local. 59.3.1 Scooe ofApplicability. Subsection 59.3 ppDlies to ERCs and credits novemed by Section 12. Section 52. and Section 58. 59.3.2 Restrictions on Interpollutant Trading. Interpollutant trading is prohibited. Pursuant to the Nevada Revised Statutes: “By not later than January 12OO2. Ithe Board shalli prohibit any person or entity from purchasing or selling credits ofone Woe ofpollutantifsuch credits will be used subseauentlvto oroduce a differenttvDeof pollutant. NRS 445.B.508.2(cI. 

### q ,.r, ..,sii A r.I,A 59.3.3.1 Offsetting emissions from p source located within an pirshed realon with emission reductions from a source located in a different airshed reaion shall not be allowed, with one exception which aooiiesto Ozone orecursor pollutants: 59.3.3.1.1 The Control Officer may aoorove the use ofNO and VOC emission reductions from a Nonattainment Area within the Clark County boundary to satisfy NOxan VOC Offset reouirements for another Nonattainment Area within the Clark County bounda if: 59.3.3.1.1.1 The area containing the source with the offset reauirement(sI has an egual or higher nonattainment classification than the area containing the source with the emission reduction(s): and 59.3.3.1.1.2 The emissions from the area containing the source withthe emission reduction(s) contributes to a violation of the National Ambient Air Quality Standard in the NonattainmentArea where the source with the offset recuirement(s) is located. 59.3.3.1.2 By the time a new ormodified source receives an Authorityto Construct! Operating Permit. or commences operation the following 

### reguirements must be met: NQ and/or VOC emission reductions shall be in effect and federally Amended 

### 59-11 

### CCAirQuail/vReciulations 

# If

# I 1 /3/o3

enforceable and shall ensure thatthe total tonnage ofincreased emissions ofthe 

### NQ and/or

### VOC pollutants shall be offset by an eaupl or greater reduction, as aoolicable, in the Actual Emissions of such an air pollutant from the same or other stationary source(s. 59A Offset and Credit General Requirernen-ADoliesto Federal and Local. 59.4.1 Scone ofApplicability. Subsection 59.4 applies to offsets and ERCs and credits ooverned by Section 12, Section 52. Section 58. and Section 59. 59.4.2 General Requirements. 59.4.2.1 Emission reductions used.to satisfy a federe[offset

### reguirementmust be sumlus. permanent quantifiable and federal enforceable as defined In Section0 ofthe

. ‘Air Quality Reaulations.

. 59.4.2.2 Emission reductions used to satisfy a local offset requirement must be quantifiable as defined in Section 0 oftheAirQuality Reaulations. 59.4.2.3 Permitted sources whose emission reductions are Used to satisfy offset requirements must apnronnatelv modify or cancel their Authority to Construct/Operating Permitto reflecttheirnew PTE. 59.4.2.4 Additional federal sumlus requirements to those found in the Section 0

## ofthe Air Quality Reoulations: 59.4.2.4.1

. Emission reductions used to satisfy offset requirements must be surolus at the time of issuance of the authority to construct/Operatino Permit containing the offset requirements. 59.4.2.4.2 Emission reductions used to satisfy offset requirements must not be the result of a decreased throughout from an emission unit when that decrease in throuahout is shifted to another comnamble emission unit(s) within Clark County. Shifts in throughout occur when existina emissions at one source are transferred to another source without a reduction in emissions, which is a result ofreallocation oforoduction/service. 59.4.2.5 Additional federally enforceable requirements to those found in Section 0 ofthe Air Quality Reaulations: Permitted sources whose emissionreductions are used to satisfy federal offsets must appropriately chanae or cancel their Authori to ConstnjctiOperstina Permitto reflecttheirnew notentialto emit. 59.4.2.6 Emission reductions used to satisfy a federal offset requirement must be federallyenforceable onorto issuance ofthe Authority to Construct! Onerating Permit and the emission reductions must be in effect uoon commencement ofoperations. 59,5 CreditTransactions—Applies to Federal and Local.



### Amended 59-12 CCAirQualityRegulations

# I

59.5.1 Scone ofApplicability. Subsection 59.5 applies to ERCs and credits governed by Section 12. Section 52. and Section 58. 59.5.2 CreditTransfer Requirements. 59.5.2.1 Credits will betransferred in whole orin part. 59.5.2.2 A credit transfer recuest shall be limited to two Darties, i.e.. the owner of the credits (transferor) and thetransferee. 59.5.2.3 Each credit transferreouest shall be limited to a single regulatory type ofcredit i.e. Section 12 (by soeciflc subsection), Section 52. orSection 58. 595.24 All fees associated with the credittransfer must be Did in full orior to or UPO! submission ofthe credittransferreauest: 59.5.2.5 All outstanding fees due bY the owner to the Department of Air Oualitv Management must be oaid in full before the owner is eligible to transfer any credits. 59.5.3 CreditOwnership and Transaction Documentation. 59.5.3.1 All reviousty issued ERG Bank Certificates are null and void. The Credit Balance Summary Report on or after the date ofthis reaulation. sianed by the Control Officer, shall be the sole oroofofownershipfpr.ERCslcrecjfts. The Credit Balance Summary Report shall be dated: therefore, each Credit Balance Summary Report will supersede all previous versions ofthe reocit The Credit Summa Reoort reflects the ERC)credit transactions contained in the Registry (Bank). 59.5.3.2 All ERCslcredits shall be banked by the owner: thereby, making it possible for the owner to deposit, withdraw. and transfer ERCsicredits. The owner may redeem ERCslcredjts against p stationary source to satisfy applicable offset

. reauirements forthatsource. 59.5,4 Procedures forTransferring Credits. 59.5.4.1 The owner of ERCs/credfts must submit a recuest to the Control Officer to transfer ERCs/credfts to another party. The credit transfer reauest must contain the following information, to be considered valid: 59.5.4.1.1 The request mustbe signed by a Responsible Official. 59.5.4.1.2. The repupét mustbe on the owner’s official letterhead. 59.5.4.1.3 The request must contain the owner’s information: name, address. cliv. state. zip. and phone

### number. 59.5.4.1.4 The reauest must contain the transferee’s information: name, address. cliv. state, zip, and phone number. Amended 

### 59-13 CCAirQualityReciulations

# /O “1’

F;g. 4V1

-. - The request must identify the 

### quantity of ERCslcredits being transferred by pollutant tvoe. i.e.. PMQ. NO VOC. etc. ERCsICredlts may be transferred in tenths ofcredits orgreater. 59.5.4.1.6 The recuest must identify the reaulatorv tvoe of ERCslcredits being transferred.

• i.e.. Section 12 (by soecific subsection). Section 52. or 

## Section 58 of the Air Quality Regulations. 59.5.4.1.7 Transfer ofthe recorded ERCslcredits shall not be effective until the Deoartment ofAir Quality Management notifies both oarties ofthe transfer. The deoartment wl acknowledge that the transfer is comolete. aoroved. and recorded in the Reaistrv (Bank) by means of department letterhead that shall be signed by the Control Officer-ortheir desianated reoresentØtive. TJ’iis 

### nc*iflcation shall

### contain a sianed Credit Balance Summary Reoort

### reflectinathe transaction. 59.5.5 Procedures forRedeeming Credits. 59.5.5.1 The owner of ERCs!credits must submit a reauest to the Control Officer to redeem banked ERCs/credits for a soecific stationary source. The credittransfer reauest mustcontainthefollowing information, to be considered valict 59.5.5.2.1 The request mustbe slaned by a Responsible Officral. 59.5.5.2.2 The reauestmustbe on the owner’s official letterhead. 59.5.5.1.3 The reauest must contain the owner’s information: name, address. city, state. zio. and ohone number. 59.5.5.1.4 The request must contain the stationary source’s information for which the ERCs/credits are beino redeemed against: name. Authority to

V ConstructlOoeratina Permit number (generically referred to as the facility number), ofivsical address, city, state. zip, and phone number. 59.5.5.1.5 The reauest must identify the quantity of ERCslcredlts beina redeemed.

V ERCsICredits may be redeemed in tenths ofcredits orareatqf,, 59.5.5.1.6 The request must identify the reaulatorv tvoe ofERCs/credits being redeemed. i.e.. Section 12 (by specific subsection). Section 52. or SectIon 58 of the Air Quality Regulations. Additionally, the pollutant tvDe ofthe ERC/credit must be identified, i.e., PM, CO. NOR. VOC. etc. 59.5.5.1.7 Transaction of the recorded ERCs/credits shall not be effective until the Deoartment ofAir Quality Manaaement notifies the owner of the ERCslcredits. The deoartmentwill acknowledge thatthe transaction is comolete. aooroved. and recorded in the Reaistrv (Bank) by means ofdeDartment letterhead that shall be signed by the Control Officerortheir designated reoresentative. This notification shall 

### contain a signed Credit Balance Summary Reoort reflectino thetransaction. 59.6 CreditTransaction Fees—Applies to Federal and Local. Amended 

### CCAirQualityReaulations

V 

### 59-14

# /D/31⁄43

59.6.1 Scone ofApplicability. Subsection 59.6 applies to ERCs and credits oovemed by Section 12. Section 52. and Section58. 59.6.2 CreditsTransferReauest Fees. 59.6.2.1 The owner of Section 12 (by specific subsection) credits shall nay a $35.00 transaction fee. at the time of submission, for each Section 12 (by sneci1 subsection) credittransferreauest. 59.6.2.2 The owner ofSection 52 ERCs shall pay a $100.00 transaction fee, atthe time of submission, foreach Section 52 credittransferreauest. 59.6.2.3

.. The ownerofSection 58 ERCs shaunay a $100.00transaction fee atthe trne Of: submission, foreach Section 58 credittransferreauest.



### Amended 59-15 CCAkQuality

### Reauiations 

# Ic