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(1) No company license may be issued until the holder <br /> has paid an annual license fee of ��e�-�� ��� one <br /> hundred dollars ($�a) ($100 . 00) for the right to <br /> engage in the taxicab business and fifty dollars <br /> ($50 . 00) each year for each --���2 taxicab operated <br /> under the company license. The license fees shall be <br /> in addition to any other license fees or charges <br /> established by this section or any other statute or <br /> ordinance. <br /> (2) The license fees for companies and --��� <br /> taxicabs as provided for in this subsection, shall not <br /> apply to persons having a valid �°Y���e�e—e� ����-__ <br /> Q�e��e�i���a�� �ee,e�� license as of the effective <br /> date of this ordinance until the time the license for <br /> such companies and --��� ��� taxicabs is to be renewed <br /> in the year following the adoption of this ordinance. <br /> (kk) � Trans ferabi 1 i ty. No ���-�-���-�f ��'��-_� <br /> �e�o=e�-e�re�e--���ree-es sr��—e�—�e�a�r�— 1 i c en s e i s s u e d <br /> pursuant to this section may be sold, assigned, mortgaged <br /> � or otherwise transferred. <br /> (11) �e—Suspension or revocation; notice: <br /> (1) A company license issued under the provisions of <br /> this section may be revoked or suspended by the <br /> Controller pursuant to the provisions of section 4-16, <br /> if the holder thereof has : <br /> a. Violated any of the provisions of this <br /> section. <br /> b. Discontinued operation for more than ten <br /> (10) days . <br /> c. Violated this Code or any ordinance of the <br /> City or the laws of the United States or the <br /> State of Indiana, the violation of which reflects <br /> unfavorably on the fitness of the holder to offer <br /> public transportation. <br /> (2) Prior to suspension or revocation, the holder <br /> shall be given notice of the proposed action to be <br /> taken and shall have an opportunity to be heard, <br /> pursuant to section 4-16 . <br />