721.03 LICENSE APPLICATION; INSURANCE.

   Any taxicab company desiring to operate a taxicab within the corporate limits of the Municipality shall, prior to such operation, file with the Mayor or a designee thereof an application for a license on a form prescribed by the Mayor, which application shall, among other things, require the applicant to state:

   (a)    The name and address of the applicant.

   (b)    The number of taxicabs the applicant proposes to operate within the Municipality.

   (c)    A schedule of typical rates to be charged to any passengers of such taxicab if such passengers board such taxicab within the corporate limits of the Municipality.

   (d)    A statement of the amount of casualty insurance providing indemnity in an approved casualty insurance company for such taxicab company for injuries to the public, whether passengers or otherwise, which casualty insurance, as to each of the taxicabs to be operated within the Municipality, shall be in the sum of not less than one hundred thousand dollars ($100,000) for injury or death to one person, and three hundred thousand dollars ($300,000) for injury or death to more than one person in the same accident, and twenty thousand dollars ($20,000) for property damage in any one accident.

   (e)    No license shall be issued until a copy of such casualty insurance policy in an approved casualty insurance company, or a certificate of same, shall be presented to the Director of Law for approval, and such policy shall contain a clause obligating the casualty company issuing the same to give ten days' notice to the Municipality before cancellation of such policy or policies.

   (f)    In lieu of the provisions of subsections (d) and (e) hereof, where the applicant is an established taxicab company doing business in the County for five years or more prior to application, and has been operating under the regulations of some other municipality in the County where financial responsibilities are provided, then, on sufficient evidence presented to the Director of Law that residents of Fairview Park are adequately protected under such existing regulations, the Law Director may approve same.

   (g)    A statement that failure to comply with the provisions of this chapter by the taxicab company, or any servant, agent or employee of such taxicab company, shall be just and sufficient cause for the immediate revocation of any license issued hereunder.
(Ord. 62-46.  Passed 6-18-62.)