Each applicant for any license hereunder shall appear in person before the Council at a regular meeting thereof and the Council shall not approve the issuance of any license to engage in the business of operating a taxi cab, or taxi cabs, or bus or buses only upon being satisfied that the applicant has met or will meet the following requirements:
(A) A fit person to engage in such business;
(B) Vehicles and equipment are such as are consistent with the safety of the public;
(C) Has indemnity and public liability insurance covering the operation of each vehicle, to protect such operation of each vehicle, to protect such operation against liability to passengers and third persons for personal injury suffered or sustained by them as a result of the operation of such taxi cab or bus, and said policies to be in an amount of not less than $10,000 for damages to any one person and not less than $20,000 for damage to more than one person injured as the result of any one accident, and not less than $1,000 for property damage, resulting from any one accident. Such policies shall be maintained during the term of the license; and
(D) In case of application to operate bus or buses, the Council may request changes or alterations in the proposed route or routes, time schedule, rate of fare or stops before granting license. After the license has been issued the operator shall not materially change or alter the approved route or routes, time schedules, rates of fare or stops without first receiving the approval of the City Council to make such change.
(Prior Code, § 6.04.04) (Ord. 271, passed - -; Ord. 731, passed - -) Penalty, see § 10.99