(a) Upon the effective date of this chapter, the commission shall allow existing taxicab permit holders to purchase new transferable taxicab permits as described in this article.
(1) Existing taxicab permit holders shall have the option to purchase one new transferable permit for each existing permit held.
(2) The cost of a new transferable permit to existing taxicab permit holders shall be five hundred dollars ($500.00).
(3) Existing taxicab permit holders shall have twenty-one (21) calendar days from the date which this chapter is effective to render full payment. Payment shall be made to the taxicab administrative agency.
(4) Failure to render payment within twenty-one (21) calendar days as required by subsection (a)(3) of this section shall result in the forfeiture of the permit on the twenty-second (22) calendar day.
(b) Upon the effective date of this chapter, the taxicab administrative agency shall permit any individual whose name appears on the waiting list (Appendix A) to purchase any remaining permits.
(1) The names appearing on the waiting list (Appendix A) shall be advertised, providing those individuals with an opportunity to inform the taxicab administrative agency of their intent to obtain such permits.
(2) The cost of a taxicab permit for individuals described in this subsection, for individuals named on the waiting list (Appendix A), shall be one thousand dollars ($1,000.00).
(3) Individuals named on the waiting list (Appendix A) described in this subsection shall have twenty-eight (28) calendar days from the date which this chapter is effective to render full payment. Payment shall be made to the taxicab administrative agency.
(4) Failure to render payment within twenty-eight (28) calendar days as required by subsection (b)(3) of this section shall result in the termination of such individuals’ right to issuance of any permit.
(c) On calendar day twenty-nine (29) after the effective date of this chapter, the commission shall issue any permit not heretofore issued pursuant to subsections (a) and (b) of this section not exceeding fifty-five (55).
(1) Any permit issued pursuant to subsection (c) of this section shall be issued by lottery in accordance with procedures set forth by the taxicab administrative agency and approved by the commission.
(2) The imposition and collection of fees for the issuance of any taxicab permit issued pursuant to subsection (c) of this section shall be in accordance with section 23-10 of this chapter.
(d) After all permits have been issued following the effective date of this chapter, the commission may issue any permits that from time to time come back into the possession of the commission.
(1) Any permit issued pursuant to subsection (d) of this section shall be issued by lottery in accordance with procedures set forth by the taxicab administrative agency and approved by the commission.
(2) The commission’s intent to issue permits shall be advertised, providing individuals with an opportunity to provide the commission with notification of intent to obtain such permits and an opportunity to be entered into the lottery described in subsection (d)(1) of this section.
(e) Subsequent to the enactment of this chapter, the city shall no longer keep a waiting list of names of individuals or entities seeking taxicab permits.
(f) Individuals who are not awarded taxicab permits in any lottery conducted by the commission shall not hold a superior position for future taxicab permits in any subsequent lottery. (Ord. No. G-04-10, 6-3-04)