No taxicab owner’s license shall be issued to any person, firm or corporation who or which does not meet the following minimum qualifications:
(A) Good character. The person, firm or corporation must be of good character;
(B) Felony. The person, firm or corporation must not have been convicted of a felony, or be on parole or probation on account of a felony, within the three years immediately preceding the making of the application;
(C) Prior revocation. The person, firm or corporation must not have held a taxicab owner’s license in the city or any other jurisdiction which has been revoked during the preceding six months;
(D) Corporation. If a corporation, the corporation’s directors, officers and shareholders individually meet the minimum qualifications herein established;
(E) Firms. If a firm, the firm’s members or participants individually meet the minimum qualifications herein established; and
(F) Public convenience. The person, firm or corporation, after a public hearing as provided for in § 125.038, has established and the City Council has determined that the public convenience and necessity requires or would be approximately served by the issuance of the taxicab owner’s license.
(1980 Code, § 19.916) Penalty, see § 125.999