Licensing & Regulating Parking Stations and Parking Station Operators

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91 obligation of said bond shall not exceed the principal amount of the bond. The bonds shall be of the following amounts: adhere the licensee conducts one station, the sum of $1,000.00; where the licensee conducts two stations, the sum of $1500.00; where the licensee conducts three stations, the sum of $2,000.00; where the licensee conducts four or more stations, the sum of $2500.00. Failure on the part of gny licensee to pay any final judgment within ten days after such judgment shall have become final, shall be deemed sufficient grounds for the suspension of the licensee by the Board or Mayor. Section 5, ISSUANCE OF LICENSE. If, after investigation, it shall be reasonablf satisfied that the applicRn has a good reputation, and that the state- ments so set forth in the application are correct, and if the proper fee shall have been paid, the Board shall issue to the applicant a license for an open parking station, which license shall continue in full force and effect until the first day of January following the issuance of the license, or until revoked by the Board or Mayor. The Board shall keep a record of altl applications and the licenses issued indexed alpha- betically and by location. If a new license is obtained by any applicant after July of any year the fee shall be one;0half of the regular annual fee. Section 6. SIGN REQUIRED. (a) Each licensee shall maintain at each entrance tc such open par inc— gin, a permanently affixed sign suitable to apprise persons using such open parking station, the name of the licensee, the hours of the day and /or night during which such places are open for storing motor vehicles; the rates charged and the closing hours of such station. When more than one rate is charged far parking, the figures of each rate shall be of the same size and dimen- sions, and such figures shall measure not less than eight inches in height, and the letters and figures indicating the closing hours shall not be less than four inches in height. The sign shall also give the number of the City license under which the lot is operated. Where the licensee operates a receiving station, in which cars are accepted with the understanding that such cars may be removed to another station, the licensee shall post on such sign, in letters not less than four inches in height, the follow- ing information: "Receiving Station - Cars Parked Here May Be Moved to No. Street" - (Giving the address to which such cars are moved). All such signs shall be subject to the approval of the Building Commissioner of the City of South Bend, Indiana. (b) Lots designated and used as receiving stations from which cars may be received, and removed to other lots, shall first be approved and designated as such by the Board, and no such lot shall be used as receiving stations without such approval and designations. (c), Where separate rates or charges are made for day parking and for night parking, notice thereof shall be posted on the signs described in a preceding paragraph. Section 7. CLAIM CHECKS TO BE FURNISHED. At the time of accepting motor vehicles for —SMO—ring, or par ing in any open parking station, the person conducting the same, his agent, servant or employee shall furnish to such person parking his motor vehicle, a distinctive check, which shall be numbered to correspond to a coupon placed upon such motor vehicle, which check shall contei n the name and address of the place, owner operating such open 'parking station, and upon which shall be written, printed, cut out or stamped, the date and last three numbers of the license number of the motor vehicle. The above provisions shall not apply where cars are stored on a monthly fee basis. - 2