(O/23,’03

I

CLARK COUNTY

AIR QUALITY REGULATIONS

SECTION 59- EMISSION OFFSETS

Table of Contents

Subsection Subsection Title Pa

59.1.1 Scooe of Applicability 2

59.1.2 Unit of Measure 2

59.1.3 Federal Offset Thresholds 2

59.1.4 Federal Offset Ratio Requirements 3

59.1.5 Use of ERCs to Satisfy. Federal Offset Requirements 4

59.2 Local Offset Requirements 5

59.2.1 Scooe of Applicability 5

59.2.2 Sunset Clause 5

59.2.3 Unit of Measure

59.2.4 Local Offset Thresholds 5

59.2.5 Local Offset Ratio Requirements 7

59.2.6 Annual Emissionè Inventory Submittal Requirements 9

59.2.7 Use of Credits to Satisfy Local Offset Requirements 11

59.3 Offset and Credit Restrictions 11

59.3.1 Scope of Applicability - 11

59.3.2 Restrictions on Interpollutarit Trading 11

59.3.3 Restrictions on Offsetting Emissions between Airshed Reciions 11

59.4 Offset and Credit General Requirements 12

59.4.1 Scope of Applicability 12

59.4.2 General Requirements 12

59.5 Credit Transactions 12

59.5.1 Scone of Applicability 12

59.5.2 Credit Transfer Requirements 13

59.5.3 Credit Ownership and Transaction Documentation 13

59.5.4 Procedures for Transferring Credits 13

59.5.5 Procedures for Redeeming Credits 14

59.6 Credit Transaction Fees 14

59.6.1 Scope of Applicability 14

59.6.2 Credit Transfer Request Fees 14

59:1 FdrI Offs I Reauirémeritc 9

Amended______

_______________

CC Air Qualify Regulations
fO/V/03

59.1 Federal Offset Requirements

(RE: Section 59 and Previously Section 58)

59,1.1 Scope of Applicabflitv. Subsection 59.1 apolies to new major stationary sources

and existing stationary sources underooino modification that will 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 per year (tpv) of the specified pollutant.

59.1.3 Federal Offset Thresholds:

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, for all emission units for the source that

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

oollutant threshold being triggered.

Amended 59-2

CC Air QualiW Reaulations
1

3

Table 59.1.1 Major Stationary Source Federal Offset Thresholds by Source Type. Area

Designation, and Pollutant.

NEW MAJOR STATIONARY SOURCE OFFSET THRESHOLDS

Item Area Designation Pollutant Threshold

Seriàus Nonattainment Area V

O PTE=>70

2 V PM PTE=’70

3 NO Not Applicable

4 V

Not Applicable

Moderate Nonattainment Area

5 V

CO Not Apolicable

6 V

PM PTE=’IQO V

7 V

V ‘ NO Not Applicable

• 8 V V

VOC Not Apolicable

MODIFYING MAJOR STATIONARY SOURCE OFFSET THRESHOLDS V

(AFTER MODIFICATION) V

V

item Area Designation V Pollutant Threshold

Serious Nonattainment Area

9 CO PTE => 70 and NEI => I

10 V PM PTE >70 and NEI > 15

11 j4Q Not Applicable

12 V

VOC Not Alicable

Moderate Nonattainment Area

13 CO Not ADplicable

14 PM PTE=>lOOandNEl=>15

15 NO Not AIIcable

16 V

VOC Not Applicable

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 increase for 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 of the 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

CC Air Quality Regulations

59-3
f/13/O3

Table 59.1.2 Federal Offset Ratio Reciuirements by Area Designation and Pollutant.

Item Area Designation Pollutant Offset Ratio

Serious Nonattainment Area

I CO 2:1

2 PM 21

3 NO Not Applicable

4 VOC Not Applicable

Moderate Nonattainment Area

5 CO Not Applicable

6 PM 1.1:1

7 NO Not Apdicable

. . . .

YOC Not Applicable.

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

PTE for a SPecifiC pollutant.

59.1.4.4 For any modifying malor stationary source. the amount to 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 of the 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 the modification, It may not be feasible to apply the same

emission factor. If this 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

Construct andfor Operating 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-modjfication) emissions inventory

Amended

CC Air Quality Reaulations

59-4
59.1.5 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.

lnterpoUutant trading is prohibited.

. - Local Offset Requirements. 7

(RE: Section 12)

5’Zl Scooe of Aøllcabilitv. 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,ift be 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 of measure for offs ‘os and thresholds shall be

based on tons oer%ar (toy) of the secifled

59.2.4 Local Offset Threshol\

59.2.4.1 For a new or modifying sta’bziarv so . the offset thresholds 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 reshotdsshalt be based on actual

emissions. if the5átioharv source submitted àq annual emissions inventory that

complied witI4)l submittal requirements. Othe’Wrise. the offset thresholds and

ratios shalibé based on the PTE for a specific ooIh)tnt contained, in the Aiitholitv

to ConstVOoeratinq Permit that was in effect at riit4niaht on 31 of December

for_thYcalendar year for an existing stationary sourcè 1.Uoon late submittal of

the finUal emissions inventory that contains the reauire’.contents. if the actual

issions are oreater than 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 for that specific pollutant.

Amended 59-5

CC Air Q,uah’W Regulations

59.2.4.2 ‘f. .. V “WI——

An existing stationary source shall not be assessed for annual offsets for

the previous year when the source has been assessed for local offsetNased on

new and/or modifying stationary source offset requirements for that balendar

year.
dedgu,atn
Amended

CC Air Quality Rèaulations

7

\ble 59.2.1 StatioñaN Source Local Offset Thresholds by Source Tvoe. Area Deson.

an Pollutant.

NEND EXISTING STATIONARY SOURCE OFFSET THRESHOLDS

\ogce /

Item Area Designation Poftutant Presho)d

No’Máior

\ Serious Nonattainment Area

I \ CO Ngt Acable

2

PM

3 \ NO Not Aphcablc

4

VO Not Apolicable

Malor V

VV V

SripuR Nonattainment Area V

Not liçble Not Applicable.

5 Mç)derat Nónàttalnment Area Ng iIiçble V Not pblicóble -

MODIFYING STATIONAY SOURCE OFFSET THRESHOW (AFTER MODIFICATIONI V

Source \

Item Tvne Area DeNcinatlon Pollutant Threshold

Non-Malor V

V

Serious Noñqttainment Area V

7 \ Not ppIicble

PM PT>1 V

NQ,

10 V

V

VQC Not $ppliç(

II Moderate Npnattain e Area Not Aj,lIcable Not Apolicable

Maior V

V

V

V

Serious Nonattain t

i V NotAooliçLe

13 / V

PM PT> I nd V

/ (NEI >1 aria N! < 151

14 / V

NQ Not ApplbI

15 V

/ V

VOC Not Aooltcable

Mit Aha’kL M,i+ ArIrilir.hID

16 Modem$ Nonattainment Area \

AE Actual Emissions. P Potential to Emit. NEI — Npt Enissions 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 for a specificpollutant.

S9.2. The following table contains offset ratios by area. tionarv source, and

/ pollutant. When a stationary source triaciers any of the th olds contained in

/ Table 59.2.1. the ratios listed in Table 59.2.2 shall be a on the

classifications contained in the table for a specific pollutant.

59.7
—

Amended

CC Air QualiW Regulations

Ta2.9

ftem\

Local Offset Ratio Requirements by Area Designation and Pollutant. /

Area Designation Pollutant Offset Ra(io

\ Serious Nonattainment Area /

i ço Not licable

2 \ /2:1

3 \ NQ jdADollcable

VOC iQot Aoolicable

5 Moderate Nonattainment Area None / Not Apolicabjg

59.2.5.3 For a n stationary source, the amount to 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 Permit was’issued until the end of the ... . calendar ve?r.. The croratina shafl be. based .orLrØlths oer calendar veer: A :. ertia month nts as one month for pror*gAurooseL e.a 1,an Aijthorftv Ic

. ConstrijcVOperati Permit was Issued the 15U4f September with an NEI off OQ

toy of CO: theref the offsetreauirement 100 pv Of CO is orçrated at .33

(4112) based on 4 mo ths for an offset regu merit of 33.33 toy of CO.

59.2.5.4 For any modifvina sta arv source, e Bmount to be offet shall be the

difference between the o -mod’ TE less the 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 factor contained in the 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 andlor Ooeratina 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 unit that 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 Permit was issued the 15w’ of Seotember with ap’NEI of 100

td of CO: therefore, the offset requirement of 100 toy of CO is i’orated at .33

(4It based on 4 months for an offset reauirement of 33.33 toy VCO.

59.2.5.5 For açxisfing stationary source the following method shall b4sed to determine

the pffsètratio. If an offset threshold for a 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 amount to j offset for that soecific

pollutant shakbe based on Pit. which shall be the P’rfor that soecific pollutant

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. /

o ‘) Annual Emissions ln’çnto Submittal Reauirçients.

59.2.6.1 An existing stationary rce shall submit emisslpns Invçntorv oursuant to th

recuirements stated In Si., ection 59,2. of the Air Quality Regulations by one of

two methods:

(1) An existing stationary s comply with the 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

calendar year. the 31 day of Mar falls on a non-business day fpr claric

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 contain the followina certification statem nt. whlchthe responsible

ffjcj Is certifying:

/

authorized to make this submission on behalf of t’lt1ners and ooerators

the affected source or affected units for which 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 of those individuals with orirnarVçesronsibilitv

for obtaining the information, I certify that the statements and infomition are to

the. best of my knowledge and belief true. accurate, and comolete.’

/ Amended

CC Air Quality Regulations

59-9

9
Each oaae of the annual emissions invento shall include the curre/

number and the total number of oaaes for the emissions inventory. i.e.. P a I of

1fl Perie 2 of lU. Pane of 10. etc. /

11w rns+a.y shall contain a detailed list of all ission units

\tor the ““ The following detail 1 TL co

iii be for each unit for the tti, ru c•

-V III II 1 I IlJISJ W1 IbW

. ._LLIsn.I V as,... Its,. - - It1 IWI 1W WI WIl II I -

59.2.6.4

.—-- — — WI WV 1S - —. — —- - - — - - lU_ItIwui - - - ...s,. .,y ..

Table 59.2.3 Rdrel Annual Emission Inventory Emission Unit Line Ite Detail Elements.

Element # lement Nomenclature

I isslon Unit Number

T’ie çmlkn unit number contained the Authority to Construct

d!pr Opath 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 for th urce document for the emission factor

. aoolied tç emisiçn un

4 Actual Annual P yctli: Un’ of Measure

The unit of .. U. gssoçipt with thç emission unit. ç.g. tQflS

per vr, gcres. hi miies ,

veled oar year. aallons ter year. 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 by the ‘Emission Fa Source Document’.

8 Efficiv Percent

/ The efficiency percent ued in t emissions calculation. includes

/collccticn efficençy and/or movaI e encv.

9 gtual Emission (tons pr yearl

7 The actual emisiQns stated In tons veer, based on thc up$t of

/ measurer. auantitv emission factor, an efficiency oercent beinu

reoorted for the 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 total for each oolltant.

- V

The annual emissions inventory shall contain a arand total for all pollutants.

Amended 59-10

CC Air Quality 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 of Credits 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 under Section 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. -

Intemollutant trading is prohibited.

59-3 Offset and Credits Restrictions—AoDlies to Federal and Local.

59.3.1 Scooe of Applicability. 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 of one Woe

of pollutant if such credits will be used subseauentlv to oroduce a different tvDeof

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 of NO 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 with the emission reduction(s)

contributes to a violation of the National Ambient Air Quality Standard in the

Nonattainment Area where the source with the offset recuirement(s) is located.

59.3.3.1.2 By the time a new or modified source receives an Authority to 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

CC Air Quail/v Reciulations

If
I1/3/o3

enforceable and shall ensure that the total tonnage of increased emissions of the

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-ADolies to Federal and Local.

59.4.1 Scone of Applicability. 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 reguirement must be sumlus.

.

permanent quantifiable and federal enforceable as defined In Section 0 of the

‘Air Quality Reaulations. .

59.4.2.2 Emission reductions used to satisfy a local offset requirement must be

quantifiable as defined in Section 0 of the Air Quality 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 Permit to reflect their new PTE.

59.4.2.4 Additional federal sumlus requirements to those found in the Section 0 of the 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 of reallocation

of oroduction/service.

59.4.2.5 Additional federally enforceable requirements to those found in Section 0 of the

Air Quality Reaulations: Permitted sources whose emission reductions are used

to satisfy federal offsets must appropriately chanae or cancel their Authori to

ConstnjctiOperstina Permit to reflect their new notential to emit.

59.4.2.6 Emission reductions used to satisfy a federal offset requirement must be

federally enforceable onor to issuance of the Authority to Construct!

Onerating Permit and the emission reductions must be in effect uoon

commencement of operations.

59,5 Credit Transactions—Applies to Federal and Local.

Amended 59-12

CC Air Quality Regulations
I

59.5.1 Scone of Applicability. Subsection 59.5 applies to ERCs and credits governed by

Section 12. Section 52. and Section 58.

59.5.2 Credit Transfer Requirements.

59.5.2.1 Credits will be transferred in whole or in part.

59.5.2.2 A credit transfer recuest shall be limited to two Darties, i.e.. the owner of the

credits (transferor) and the transferee.

59.5.2.3 Each credit transfer reouest shall be limited to a single regulatory type of credit

i.e. Section 12 (by soeciflc subsection), Section 52. or Section 58.

595.24 All fees associated with the credit transfer must be Did in full orior to or UPO!

submission of the credit transfer reauest:

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 Credit Ownership 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 of this reaulation. sianed by the

Control Officer, shall be the sole oroof of ownership fpr.ERCslcrecjfts. The Credit

Balance Summary Report shall be dated: therefore, each Credit Balance

Summary Report will supersede all previous versions of the 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 for that source.

59.5,4 Procedures for Transferring 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 must be signed by a Responsible Official.

59.5.4.1.2. The repupét must be 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

CC Air Quality Reciulations
/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 of credits or greater.

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 of the recorded ERCslcredits shall not be effective until the Deoartment

of Air Quality Management notifies both oarties of the 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- or their desianated reoresentØtive. TJ’iis nc*iflcation shall contain

a sianed Credit Balance Summary Reoort reflectina the transaction.

59.5.5 Procedures for Redeeming 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 credit transfer

reauest must contain the following information, to be considered valict

59.5.5.2.1 The request must be slaned by a Responsible Officral.

59.5.5.2.2 The reauest must be 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 of credits or areatqf,,

59.5.5.1.6 The request must identify the reaulatorv tvoe of ERCs/credits being redeemed.

i.e.. Section 12 (by specific subsection). Section 52. or SectIon 58 of the Air

Quality Regulations. Additionally, the pollutant tvDe of the 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 of Air Quality Manaaement notifies the owner of the ERCslcredits.

The deoartment will acknowledge that the transaction is comolete. aooroved. and

recorded in the Reaistrv (Bank) by means of deDartment letterhead that shall be

signed by the Control Officer or their designated reoresentative. This notification

shall contain a signed Credit Balance Summary Reoort reflectino the transaction.

59.6 Credit Transaction Fees—Applies to Federal and Local.

Amended

CC Air Quality Reaulations V

59-14
/D/31⁄43

59.6.1 Scone of Applicability. Subsection 59.6 applies to ERCs and credits oovemed by

Section 12. Section 52. and Section58.

59.6.2 Credits Transfer Reauest 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) credit transfer reauest.

59.6.2.2 The owner of Section 52 ERCs shall pay a $100.00 transaction fee, at the time of

submission, for each Section 52 credit transfer reauest.

59.6.2.3 .. The owner of Section 58 ERCs shau nay a $100.00 transaction fee at the trne Of:

submission, for each Section 58 credit transfer reauest.

Amended 59-15

CC Ak Quality Reauiations

Ic