Road taxi stand permits and fees

(a) The council shall establish road taxi stands on public streets and city-controlled facilities upon recommendation of the department of transportation services. The department of transportation services shall study and recommend to the council the site placement of such stands. The director shall issue, upon application therefor on forms furnished by the director and upon the payment of annual fees as provided in this chapter, permits for the parking of taxicabs. A permit, deemed granted upon approval of the application, shall expire on June 30 of the year issued. However, an application for the renewal of such permit for the following year may be made on or after June 1 and approval thereof may be granted upon the payment of the permit fee. The permit shall be evidenced by an appropriate decal furnished by the director, which shall be placed as near as practicable on the upper right corner of the front bumper. (b) The director shall charge and collect an annual fee of $120 for each permit, and a fee of $1 for each decal; provided that where the application for such permit is made in any month other than July, the permit fee shall be reduced by $10 for each full month of the then permit year, which shall have elapsed at time of the application; provided further, that when an annual permit fee has already been paid on the vehicle and that vehicle is within the year replaced by another vehicle, the unexpired portion of the permit fee payable for the substitute vehicle and for the purpose hereof, the unexpired portion of the permit fee shall be reduced by $10 for each full month remaining of the current permit year. Where a decal is mutilated, defaced, or lost, a replacement decal shall be issued upon payment of $1. The sums collected shall be deposited in the highway fund. )