5.32.160   Rates--Alterations.
   A.   The city council shall have power, upon a hearing upon its own motion, or upon application or upon complaint, to investigate a single rate or fare, or the entire schedule of fares in effect, charged, demanded, or collected for the transportation of passengers by vehicles covered by this chapter, and to establish a new rate, fare, or schedule of fares in lieu thereof.
   B.   Nothing contained in this chapter shall be construed to empower the city council to establish or authorize any rate or fare, or any schedule of fares that will, by means of rebate, discount, allowance, premium, or penalty, violate the rates or fares specified in the carrier's permit, or the provisions contained in this chapter or any applicable provision of law.
(Prior code § 5.28.270 (Ord. 309 § 15, 1948))