(A) Any and all persons, business, commercial, industrial, real estate firms, consultants and other promotional entities located in the village must use the village and Lincoln Heights Township for a permanent address in promoting any capital gain, whereas that capital gain may be taxable, whether private, tangible, intangible or otherwise.
(B) Any persons, business, commercial, industrial, real estate firms, consultants and other promotional entities located in the village found guilty of falsely representing the location of land or business lying within the boundaries of the village or township, resulting in the loss of taxable revenues by the village, shall be subject to the penalty set forth in § 110.99.
(C) The property fiscal officer of the village shall demand an independent inspection and audit of the financial records of any offender for the last five years in order to ascertain any loss of revenue that the village may have lost to another taxing authority. If there is any loss of revenue, the applicable provisions of Chapter 39 shall be enforced.
(1995 Code, § 110.07) (Ord. 85-O-19, passed 8-26-1985)