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Before any license is issued for any taxicab the owners thereof shall be required to file with the city clerk a certified copy of a policy of insurance executed by an insurance company authorized to do business within the state of Idaho, insuring the public against any loss or damage that may result to any person from the operation of said taxicab, provided the limited amount of liability in such policy of insurance specified shall be as follows: property damage, not less than ten thousand dollars ($10,000.00); public liability for two (2) or more persons, not less than twenty thousand dollars ($20,000.00). (1960 Code, Sec. 2-303; amd. 1977 Code)
The license to operate such taxicabs shall expire of itself or terminate upon the cancellation of said insurance for failure to pay premiums or for any other reasons, and no license shall be granted or be effective unless the taxicab for which said license is requested has been fully covered with insurance as herein specified. (1960 Code, Sec. 2-303)
Owners of taxicabs licensed hereunder shall pay to the city clerk a yearly license fee of twenty five dollars ($25.00) for all vehicles under the same ownership. Such license shall expire on December 31 next following the issuance thereof and must be renewed before January 1 of each following year. (1960 Code, Sec. 2-304)
Any license granted under this chapter may be revoked or suspended at any time by the city council for any violation of the provisions of this chapter, or any other provisions of this city code, or law of the state of Idaho, or if such vehicle shall be used for any immoral, illegal, disorderly or improper purpose. (1960 Code, Sec. 2-306)