(a) The Safety-Service Director shall investigate and hold a hearing upon each application for a license. If the Director finds upon such investigation and hearing that the public convenience and necessity do not justify the operation of the vehicle for which a license is desired, he shall forthwith notify the applicant of his findings. If he finds from such investigation and hearing that the public convenience and necessity do justify the operation of the vehicle or vehicles for which a license is desired, he shall forthwith notify the applicant. Within sixty days thereafter, applicant shall furnish and file with the Clerk the following:
(1) A full transcript of the information appearing on the certificate of title of each vehicle for which a license is desired, and the State license number of each such vehicle.
(2) An unexpired certificate as required by Section 717.10.
(3) The name of each person who will operate such taxicab, with the driver's license number of each such person.
(Ord. 465. Passed 1-17-66.)
(4) Henceforth any applicant for a taxicab license shall be required to carry liability insurance against loss from the operation of each such taxicab to the extent of one hundred thousand dollars ($100,000) on account of injury or death of one person in any one accident, three hundred thousand dollars ($300,000) on account of injury or death of more than one person in any one accident, and fifty thousand dollars ($50,000) for property damage caused in any one accident.
(Ord. 1039. Passed 7-26-76.)
(b) Thereupon, the Safety-Service Director shall examine such supporting information and documents, and being satisfied that the applicant is the owner of any such vehicle, that the same is a safe and fit conveyance, and that satisfactory insurance or bond has been issued and is in force thereon, he shall, upon payment of the prescribed license fee, issue a license to the applicant.
(c) A certified copy of such license shall be exhibited in a prominent place in each taxicab at all times.
(Ord. 465. Passed 1-17-66.)