(A) The town may limit the number of taxicabs operating in the town limits, and such limitation shall be set out in any certificate issued by the Board of Commissioners.
(B) The holder of the taxicab franchise shall report at least quarterly to the Board of Commissioners the average number of taxis actually in operation during the preceding quarter. The Board of Commissioners can amend a taxi franchise to reduce the number of authorized vehicles by the average number not in actual operation during the preceding quarter, and may transfer the unused allotment to another franchised operator, if one exists, and that such allotment shall not be subject to G.S. § 160A-76. Allotments of taxis among franchised operators may be transferred only by the Board of Commissioners, and it shall be unlawful for any franchised operator to sell, assign or otherwise transfer allotments under a taxi franchise. This provision presupposes that there is more than one taxicab operating within the town limits.
(Prior Code, § 114.16) (Ord. passed 2-4-1976) Penalty, see § 10.99