(A) The Traffic Commission is empowered and directed to mark three parking zones in front of each taxicab company for use of each respective cab company as taxicab parking. The Traffic Commission may, in its own discretion, decide whether to require lease payments for these three spaces.
(B) The Traffic Commission is authorized to lease to the respective cab companies additional parking zones at $l50 per year per zone to be used as taxicab zones if in the opinion of the Traffic Commission it is reasonably necessary for the conduct of the cab company's business for the cab company to use the additional parking zones as cab stands. The maximum number of additional parking zones to be leased shall be three.
('75 Code, § 15-123) (Ord. 4172, passed 3-12-73; Am. Ord. 6517, passed 11-26-07)