(A) Upon the filing of an application, the Council shall then pass upon the application, taking into consideration the applicant, his or her financial standing, and the equipment far rendering taxicab service to the town. If the Council finds that it is for the best interests of the town and the citizens thereof that the applicant be issued a license to operate a taxicab service, then the Council shall instruct the Clerk-Treasurer to issue a license upon the compliance of the applicant with all other provisions of this chapter.
(B) The Clerk-Treasurer shall issue to the applicant, upon the approval of the Council as above, a license upon the payment of a fee of $20 for each taxicab to be operated, for any calendar year or fraction thereof that the taxicabs are operated. The license shall continue in effect from year to year until revoked by the Council so long as the applicant or licensee shall pay into the hands of the Clerk-Treasurer the license fee herein prescribed on or before January 10th of each year.
(Ord. 95-G-08, passed 8-28-95; Am. Ord. 96-G-05, passed 7-30-96)