Upon receipt of an application for a permit, together with the fee therefor, the chief of police shall conduct an investigation to determine whether such permit shall be issued. If, as a result of such investigation, the chief of police determines that there is inadequate off-street parking at the applicant's residence, or reasonably available to the applicant within three hundred feet of such residence, for the parking of the vehicle described in the application, the chief of police shall issue a permit. If the investigation discloses and the chief of police so finds that such off-street parking reasonably is available to the applicant, the permit shall be refused. The applicant shall be advised of the reasons for such denial, in writing, by the chief of police, by registered mail, postage prepaid, addressed to the applicant at his last known address.
(Prior code § 32-2(e))