4.80.040 CRITERIA FOR ISSUANCE OF PERMIT.
   Upon receipt of any such application referred to in Section 4.80.030 hereof, the City Council shall make investigation, and may thereafter grant the same if it shall find:
   .010   That the bond or policy of insurance hereinafter required has been furnished, and that the same is in the form required, and that the surety thereon is approved by the City Council; and
   .020   That the proposed motor vehicles are adequate and safe and are equipped as herein required; and
   .030   That the applicant is of good moral character and has complied with all of the terms and conditions of this chapter and is competent to operate the jitney service; and
   .040   That the public convenience or necessity requires the operation of such jitney service; and
   .050   That the name, monogram or insignia to be used on the motor vehicles is not in conflict with and does not imitate any other name, monogram or insignia used by any other person, heretofore licensed by the City Council, in such manner as to be misleading or tend to deceive or defraud the public; and
   .060   That the schedule of rates or fares proposed to be charged are fair and reasonable.
   The granting of said permit shall constitute the approval of the City Council of the proposed schedule of rates and proposed routes. (Ord. 2267 § 1 (part); March 22, 1966.)