(a) Issuance.
(1) The director of budget and fiscal services shall issue business licenses for pedicabs for hire and collect the required fees in accordance with this article and any other applicable provisions of the law.
(2) The issued business licenses shall not be transferable and shall be mounted within the cab so that they are readily visible to all passengers.
(b) Fees.
(1) The annual fee for a business license for a pedicab shall be $26 per vehicle; provided that when a business license fee has already been paid on a vehicle and that vehicle is, within the year, replaced by another vehicle, the unexpired portion of the business license fee paid on the vehicle so replaced shall be credited to the business license fee payable for the substitute vehicle. For the purposes hereof, the unexpired portion of the business license fee paid on the vehicle which has been replaced shall be that portion of the annual fee which is equal to 8-1/3 percent of the fee multiplied by the number of full months remaining during the current licensing year. The business licensing year shall start on July 1 and terminate on June 30, the year following.
Whenever a vehicle licensed as a pedicab is replaced by another vehicle under this article, the sum of $6 in addition to the business license fee shall be assessed against the owner of the vehicle so replaced to defray the administrative costs incurred by the city.
The sums collected shall be deposited in the general fund.
(2) Upon surrender, the license shall be canceled.
(c) Surrender and cancellation.
(1) The holder of a business license for a pedicab shall immediately surrender the license to the director of budget and fiscal services:
(A) Upon close out, transfer, or reassignment of the business for which a license has been issued. The director of budget and fiscal services shall be notified in writing within 30 calendar days of such closing out, transfer, or reassignment; and
(B) If in the interim, the vehicle is taken out of service permanently for any reason.
(2) Upon surrender, the license for a pedicab shall be canceled.
(Sec. 12-5.2, R.O. 1978 (1983 Ed.)) (1990 Code, Ch. 12, Art. 5, § 12-5.2) (Am. Ord. 92-70)