(A) No certificate required by this chapter shall be granted until the Town Council, after a hearing, declares by resolution that public convenience and necessity require the proposed taxicab service.
(B) In determining whether public convenience and necessity require the operation of a taxicab, the following considerations shall be controlling:
(1) Whether the demand for public convenience and necessity requires such additional taxicab service within the town;
(2) The adequacy of existing mass transportation and taxicab service;
(3) The financial responsibility and experience of the applicant for the certificate;
(4) The ability of the applicant to earn a fair return of the capital invested;
(5) The effect which the additional taxicab service may have upon traffic congestion and parking;
(6) Whether the additional taxicab service will result in a greater hazard to the public, and whether the safe use of the streets by the public, both vehicular and pedestrian, will be preserved; and
(7) Any other relevant facts as may be deemed advisable and necessary.
(Ord. O-04-10, passed 10-11-2004)