Upon application made for any new taxicab license, as distinguished from any renewal thereof, the Village Council shall first consider the question of whether public convenience and necessity require the operation of the taxicab. The Council shall consider the number of taxicabs operating in the village and whether the demands of the public require additional taxicab service; traffic conditions on the streets of the village and whether the additional taxicab service will result in a greater hazard to the public and the other relevant facts as the Council may deem advisable. The judgment of the Council on the question of public necessity and convenience shall be conclusive.
(1984 Code, § 6.173)