It shall be unlawful for the owner or occupant of a property used for residential purposes to park or store, or to allow another person to park or store on such premises a commercial vehicle as defined in the Vehicle and Traffic Law having a gross weight in excess of 6,000 pounds, heavy construction equipment or equipment trailer between the hours of 10:00 p.m. and 6:00 a.m. unless a permit therefor has been issued by the Village Clerk upon the approval of the Board of Trustees. For purposes of this section, "heavy construction equipment" shall mean a crane, bulldozer, front-end loader, backhoe or other similar vehicle used for earthwork, road work or building construction, and an "equipment trailer" shall mean a trailer capable of carrying any such equipment. The fee for such permit shall be established by resolution of the Board of Trustees and may be so modified from time to time.