No certificate or permit issued under the terms of this article shall be transferable or assignable without the written consent and approval of the city commission after written application has been made to the city commission therefore. If the city commission deems it necessary or advisable, after receipt of such an application for permission to transfer or assign such permit, then it may make or order to be made such investigation as it deems necessary to satisfy itself that the proposed transferee or assignee is a fit and proper person to conduct such business, that such transferee or assignee is financially able to conduct such business and to pay any claims for damages which might be asserted against him by virtue of the operation of such taxicabs, and that the operation of such business by the transferee or assignee will be beneficial to the general public of the city.
(Ordinance 2017-15, § I(Exh. A), adopted 4/19/2017)