§ 31-5. Council to fix rates; schedule; display.

(a)

The city council shall have the power to fix the rates, charges and fares of all taxicabs operating within the city.

(b)

The city council may authorize permittees to implement new rate schedules under the following provisions:

(1)

Taxicab companies may propose their own rates by providing a copy of the proposed rate schedule and the proposed effective date to the city secretary at least fourteen (14) days prior to the proposed date of said rates being placed into effect, which rates shall be published in the official newspaper as soon as possible.

(2)

The city council or city manager may suspend the implementation of the new proposed rates by written notice to the taxicab companies within fourteen (14) days of receipt of proposed rate changes; if no such suspension notice is given the proposed rates may be placed into effect on the proposed date.

(3)

The city council shall, if the suspension notice herein provided for is given, hold a public hearing within thirty (30) days of filing for rate increase if in the opinion of the city manager or of the city council such a hearing will be in the public interest. The city council at such hearing may accept the proposed rates, refuse said rates, or set such rates as it may see fit and proper.

(4)

Each taxicab permittee may operate under its own rate schedule in accordance with the provisions of this subsection.

(5)

There shall be posted at all times in each operating taxicab within the city limits of the City of Waxahachie, a zoned map of the City of Waxahachie (if applicable) and a rate charge.

(6)

The rate schedule submitted by Waxahachie Cab Company and by Turner Taxi Company are hereby approved as initial rate schedules for said companies under this subsection.

(Ord. No. 0309, § 20, 11-4-47; Ord. No. 0887, § 2, 9-12-68; Ord. No. 1088, § 1, 6-4-73; Ord. No. 1126, § 1, 5-6-74; Ord. No. 1175, 5-4-76)