Each applicant for a taxicab business operation license shall present and file with the Chief of Police his signed application setting forth the trade name under which he intends to do business, the number of vehicles and a general description of each vehicle for which a license is desired, the marking or lettering to be used thereon, and any other information required by the Chief of Police pertinent to the issuance of such license.
The Mayor shall investigate and hold a hearing upon each application for a license. If the Mayor 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 immediately 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 immediately notify the applicant. Within sixty days thereafter, the applicant shall furnish and file with the Chief of Police the following:
(a) 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 vehicle.
(b) An unexpired official certificate from an authorized motor vehicle inspection station of the Municipality, or if none exists, from a neighboring city in Ohio, that each vehicle for which a license is desired has been inspected and tested and found to meet the standards fixed by statute and that each vehicle is roadworthy and safe for operation as a taxicab.
(c) The name of each person who will operate such taxicab.
(d) A certificate of insurance indicating that the applicant has a policy or policies of liability insurance issued for the life of the license applied for or longer, by a responsible insurance company, approved as to sufficiency by the Finance Director, and as to legality by the Law Director, providing indemnity for or protection to the applicant against loss resulting from the operation of each such taxicab to the extent of twenty thousand dollars ($20,000) on account of injury or death of one person in any one accident; forty thousand dollars ($40,000) on account of injury or death of more than one person in any one accident; and five thousand dollars ($5,000) for property damage caused in any one accident. The certificate shall contain a statement that the liability coverage required by this section shall not be canceled until the Municipality receives a ten-day written notice of the intention of the company to cancel the insurance.
In lieu of the policies of insurance provided for in subsection (d) hereof, the applicant may furnish a bond binding the principal and sureties to liability for the payment of a judgment or judgments to the extent of twenty thousand dollars ($20,000), forty thousand dollars ($40,000) and five thousand dollars ($5,000) respectively, as set forth in subsection (d) hereof, with at least two approved persons as sureties or one corporate surety approved as to sufficiency by the Finance Director and as to legality by the Law Director.
Thereupon, the Mayor shall examine such supporting information and documents, and being satisfied that applicant is the owner of any such vehicle, that the vehicle 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.
A certified copy of such license shall be exhibited in a prominent place in each taxicab at all times.
(Ord. 668. Passed 9-19-61; Ord. 786. Passed 3-17-64.)