Any license granted under the terms of this chapter shall not be revoked except for cause, which cause shall be the violation of the terms of this chapter, failure on the part of the owner or operator of a taxicab to render satisfactory service in which instance or instances such owner shall be given at least ten-day notice of a hearing before Council. If Council finds the owner in violation of the above provisions, then Council may give the owner a reasonable period of time to comply with the terms of this chapter or Council may revoke the license or use any other remedy set forth in this chapter.