(a) Every taxicab shall be kept in a safe and sanitary operating condition and shall at all times have all safety equipment required of such vehicles by the Ohio Revised Code.
(b) No taxicab shall be licensed until it has been thoroughly and carefully inspected and found to be in a thoroughly safe condition for the transportation of passengers. The Mayor shall make or have made by an inspector or police officer under the Mayor's direction an inspection of licensed taxicabs at intervals of not more than ninety days after the issuance of the license. The Mayor may refuse a license to or, if one is already issued, revoke or suspend the license of, any taxicab found by the Mayor to be unfit or unsuitable for public patronage. The Mayor is hereby authorized to establish reasonable rules and regulations for the inspection of taxicabs, their appurtenances, construction and condition of fitness.