741.04 FRANCHISE ISSUANCE; INSURANCE; RATE SCHEDULE.

   When the Chief of Police has completed his investigation of the character of such applicant and drivers and the condition and serviceability of the vehicles proposed to be used, he shall report to Council his findings together with the application for a franchise and his recommendation as to whether a franchise should be issued. Council may issue such franchise if it is satisfied as to the character of such applicant and drivers, shall determine the amount of insurance coverage to be required, shall approve the proposed schedule of rates to be used, and such franchise may be issued subject to such other terms and conditions as may be deemed necessary by Council.

(Ord. 1957-31. Passed 10-22-57.)