§ 13-14-1. Definitions.

Unless the context otherwise requires, the following words or terms as used shall be construed according to the definitions given below:

1.

Person means any individual, partnership, limited liability company, corporation or other legal entity.

2.

Purchaser shall mean any Person who receives a Wholesale Vehicle in exchange for money from a business licensed by the Village or pursuant to an auction conducted by a business licensed by the Village.

3.

Vehicle shall mean each Vehicle as that term is defined in the Illinois Motor Vehicle Code (625 ILCS 5/1-101 et seq.), as amended, including but not limited to motor vehicles, trucks, recreational vehicles and trailers, and shall also include watercraft as defined in the Illinois Boat Registration and Safety Act (35 ILCS 159/15-5), as amended.

4.

Wholesale as used herein shall mean the transfer of the ownership or title to tangible personal property in the form of a Vehicle to another for purposes of resale or lease, other than to a consumer or end user which transfer is not subject to a retail sales tax.

(Ord. No. 4470-2015, § 5, 4-6-15)