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The city council may grant a taxicab operator’s license if the city council finds that:

(1) After all requests for the modification of existing taxicab operator’s licenses have been granted, wholly or in part, or denied, the public convenience and necessity still justify the operation of one or more additional taxicabs in the area applied for;

(2) The applicant is a fit and proper person to possess a taxicab operator’s license;

(3) The applicant has complied with all of the provisions of this chapter; and

(4) The applicant has at least 15 vehicles in its fleet to operate as taxicabs within the city.* (Ord. 553 §§ 7, 8; Ord. 505 § 3. 2002 Code § 6-21.5).

* Editor’s Note: Section 14 of Ordinance No. 553 provides that existing taxicab operators with a valid license may continue to operate without complying with the provision of subsection (4) of this section.