(A) 1. Parking/Garage Lot Operators: There is hereby levied and imposed upon the use and privilege of parking a motor vehicle in or upon any "parking lot or garage", as defined in this chapter, in the village a tax of one dollar fifty cents ($1.50) for each such motor vehicle parked in or on each parking lot or garage for every twenty four (24) hour period or any fraction thereof.
2. Vehicle Leasing Operators: There is hereby levied and imposed upon the leasing of motor vehicles in or upon any "parking lot or garage", as defined in this chapter, in the village a tax of one percent (1%) of revenue as calculated by the IDR automobile renting and use tax return (ART-1). (Ord. 14-1435, 2-13-2014)
(B) The ultimate incidence of and liability for payment of said tax is to be borne by the person who seeks the privilege of occupying space within said parking lot or garage, said person hereinafter referred to as "recipient".
(C) The tax imposed by this chapter shall not apply to residential off street parking of house or apartment tenants required by the zoning ordinance, wherein an arrangement for such tenant parking is provided in the house or apartment or other lease, or in a separate writing between the landlord and tenant, whether the parking charge is payable to the landlord or to the operator of the parking lot, garage, or individual storage space.
(D) The treasurer/village administration shall make and publish in pamphlet form, for distribution to the public, rules and regulations appropriate to and in furtherance of the purpose of this chapter. (Ord. 08-1277A, 9-29-2008)