A. If the mayor or his/her designee finds that further public transportation for hire in the city serves the public convenience and necessity and that the applicant is fit financially and willing and able to perform such public transportation and to conform to the provisions of this chapter, then the city shall issue a certificate stating the name and address of the applicant and the number of vehicles authorized under the certificate.
B. In making the above findings, the mayor or his/her designee shall take into consideration the number of vehicles already in operation, whether existing transportation is adequate to meet the public convenience, the probable effect of the issuance on the present carriers, the probable effect of increased service on local traffic conditions, the character, experience and financial responsibility of the applicant, the number, kind and type of equipment, and the ability of the applicant to earn a fair return on the capital invested. (Ord. 51-89 § 1, 1989)