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5.7.1.2.3 Use of Credits After the Major Transfer Once the SAC Credit transfer has occurred,the Credits are usable only on the specific Site(or approved Campus)to which they were transferred.These units will be available only to offset SAC charges for the property related to the business or entity moving to the Site and only for the facilities built at the time of the move(or as a Phased Development). For Permitted Industrial Users,transferred SAC Credit units are usable only to the amount needed on the future Site for the New Use.If the Permitted Industrial User does not need any of the remaining transferred Credits as determined during the Capacity Demand Review the unused Credits are lost. In addition,the Capacity Demand Review will determine if additional SAC are required(beyond the use of all of the transferred Credits)and must be paid. 5.7.1.2.4 Community Reporting The Communities are responsible for reporting the SAC Credit transfer on the SAC Activity Report. The Community at the current Site is responsible for reporting the SAC Credits being transferred to the future Site. Once the local permit,as stated on the MCES Major Credit Transfer—C2 form,has been issued,the Community at the future Site is required to report the SAC Credit transfer on the next SAC Activity Report to MCES. SAC Credits transferred may only be applied up to the amount needed on the new Site for the New Use. 5.7.1.3 SAC Major Credit Transfer Forms 5.7.1.3.1 MCES Major Credit Transfer—A Form - DEED Checklist The MCES Major Credit Transfer—A form is a checklist for DEED that includes the minimum requirements for a SAC Credit transfer. 5.7.1.3.2 MCES Major Credit Transfer—B Form - Submittal List The MCES Major Credit Transfer—B form is a submittal list for the business or entity wishing to transfer available Credits to a new location. The legal owner of the business must sign and date this form. 5.7.1.3.3 MCES Major Credit Transfer—C1 Form - Community Form for the Current Site The MCES Major Credit Transfer—Cl form is an approval form for the Community representing the current Site. This form states the number of Credits that will be transferred. Only the Community Finance Director or Community Manager has the authority to sign this form. 5.7.1.3.4 MCES Major Credit Transfer—C2 Form - Community Form for the New Site The MCES Major Credit Transfer—C2 form is an approval form for the Community representing the new Site.This form states what type of local permit will be issued to activate the SAC Determination on the new Site. This includes an acknowledgement that these Credits are only available on the specific Site to which they were transferred. Only the Community Finance Director or Community Manager has the authority to sign this form. 5.7.2 Minor SAC Credit Transfers for Small Businesses Minor SAC Credit transfers are allowed in situations where: • A request from the Community is detailed on the MCES Minor Credit Transfer-D form that includes the signature of an authorized official of the Community • The transfer is limited to 10 SAC or less and is only for the benefit of an identified,current business moving from one Site to another Page I 40