No operator shall permit a vehicle to be used on any street or public place within the City without first obtaining a license to do so from the City Manager. No license shall be issued unless the applicant has obtained a certificate of public convenience and necessity.
   The City Manager shall issue a license in conformity with this chapter provided that the applicant therefor pays a license fee of twenty-five dollars ($25.00) payable in advance on January 1 of each year, for each vehicle operated under this chapter for one year. No license shall be issued by the City Manager until the vehicle that is to be licensed has been approved as safe as provided for in Section 755.11.
   No license shall be issued for less than six months and when such license is issued any time from January 1 to June 30, inclusive, the full fee for that half year shall be charged, and likewise the full fee shall be charged for all licenses issued from July 1 to December 31 inclusive.
   Such license shall be exhibited in a prominent place in such vehicle in full view of the passengers carried therein. The proceeds that arise from the collection of fees shall be placed in the fund for the repair of public streets and disposed of in the manner provided by law for the maintenance and repair of public streets. (Ord. 1970-67. Passed 8-19-70.)