No certificate shall be granted until the Council shall, after hearing, declare by resolution that public convenience and necessity requires the proposed taxicab service. In determining whether public convenience and necessity requires the operation of a taxicab or taxicabs for which the application for certificate or certificates is made, the Council shall consider and investigate whether the demand of the public requires additional taxicab service; the financial responsibility and experience of the applicant; the ability of the applicant to earn a fair return on the capital invested; the number, kind and type of equipment; the effect which such additional taxicab service may have upon traffic congestion and parking; whether the additional taxicab service will result in greater hazard to the public; and such other relevant facts as the Council may deem advisable or necessary.
(Code 2019, § 18-8) (Code 1961, § 17-8) (Ord. passed 11-10-1975)