For the purpose of this subchapter, the following definitions shall apply unless the context clearly indicates or requires a different meaning.
FULL CALENDAR YEAR. The period of time from January 1 of any year to the last day of December of the same year, both dates inclusive.
NEW BUSINESS ESTABLISHMENT OR ENTERPRISE. Any new, start-up commercial retail business establishment or enterprise to be located within the incorporated limits of the town that has not theretofore ever maintained a commercial retail sales establishment or enterprise within the incorporated limits of the town. Successors in interest to an established commercial retail business that has existed within the incorporated limits of the town before the adoption of this subchapter shall not be deemed to be a NEW BUSINESS ESTABLISHMENT OR ENTERPRISE as contemplated by this subchapter.
(Ord. 2004-3, passed 9-9-2004)