There shall be no more than three taxicab businesses operating in the city at any one time unless it is shown to the Common Council that the services of such taxicab businesses are inadequate for the community or that public con-venience and necessity demands such additional service.
('74 Code, § 15-4) (Ord. 72-24, passed - -72; Am. Ord. 2005-09, passed 7-18-05) Penalty, see § 10.99