Council shall have authority to designate a portion of a street where taxicabs may park and to prohibit parking of other vehicles or other taxicabs in the space so designated for taxicab parking. Council may designate a portion of a street where taxicabs may park if deemed advisable, having due regard for the best interests of the City and taking into consideration the locations now used by taxicab businesses in the City and other facts and circumstances.
An annual fee of fifty dollars ($50.00) shall be charged for the space designated for each taxicab. No taxicab shall park or stand in a particular or regular place on or in any street without paying the fee provided for herein, No other person, or any other taxicab except those operated by the licensee shall use, park or stand a vehicle in the space so designated for a taxicab. (1967 Code §20-8)