(A) If the City Council finds that further taxicab or limousine service in the city is required by the public convenience and necessity and that the applicant is a resident of the state, or if a corporation is licensed to do business in the state, and is fit, willing and able to perform such public transportation as to conform to the provisions of this chapter and the rules promulgated by the City Council, especially as they pertain to the provisions of indemnity bonds, liability insurance, cash or approved securities, then the City Council shall issue a certificate stating the name and address of the applicant, the number of vehicles authorized under the certificate and the date of issuance; otherwise, the application shall be denied.
(B) In making the above findings, the City Council shall take into consideration the number of taxicabs and limousines already in operation, whether existing transportation is adequate to meet the public need, the probable effect of increased service on local traffic conditions, and the character, experience and responsibility of the applicant.
('70 Code, § 24-35) (Ord. 1977-51, passed 10-24-77)