Any licensed company operating in the City as a metered taxicab shall properly maintain each taximeter connected in each taxicab of a standard type in general use. The taximeter rates shall be computed by taximeter and such rates shall not be more than the rate in the following schedule:
   Taximeter Rates
   First one-ninth mile or fraction thereof               $2.00
   Each additional two-ninths of a mile                  $0.30
   Waiting time for each approximate period of one minute thirty seconds   $0.30
   Hourly use or special trip rate shall be $18.00 per hour or meter fare, whichever is greater.
(Ord. C81-95. Passed 12-4-95; Ord. C64-97, Passed 11-17-97.)