In the event the owner of a licensed taxicab shall cease to own the same, or in the event that such vehicle shall become unsuitable for operation, an affidavit to such effect may be filed with the Fiscal Officer. The Fiscal Officer shall, upon approval, transfer the license to any other vehicle belonging to such owner, provided that such vehicle passes the inspection required by Section 866.15, and complies with applicable Village Code provisions specifying taxicab requirements, and the payment of a processing fee of one hundred dollars ($100.00). This provision applies to the owner of two or more vehicles only where the vehicle maintains the same color, name, and number as the vehicle it is replacing.
(Ord. 973-09. Passed 4-12-10.)