Each owner or occupant of property within the enterprise zone who purchases building materials to be incorporated into real estate located in the enterprise zone by remodeling, rehabilitation or new construction, is exempt from the application of the nonhome rule sales tax provided that all of the following conditions have been met:
A. Only such building materials purchased from retailers located within the village are eligible for the exemption;
B. Such owner or occupant has been issued a certificate of eligibility; and
C. Such owner or occupant completes the purchaser's affidavit included as part of such certificate.
Such exemption shall not apply to building materials used for remodeling, rehabilitation, or new construction unless such work is of a nature and scope for which a building permit is required and has been obtained. The exemption provided by this section shall be available commencing the first day of the calendar month following the month in which the enterprise zone is designated and certified, and shall continue for the term of the enterprise zone. (Ord. 759, 2-25-2016)