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(b)Signs required: <br />(1)Each licensee under this section shall maintain at each entrance to the licensed public parking <br />facility a permanently affixed sign suitable to apprise persons using the public parking facility of <br />the name of the licensee, the hours of the day or night during which such places are open for <br />storing motor vehicles, the rates charged and the closing hours of such lot. <br />(2)When more than one rate is charged for parking, the figures of each rate shall be of the same <br />size and dimensions. The figures shall measure not less than eight (8) inches in height. The letters <br />and figures indicating the closing hours shall not be less than four (4) inches in height. <br />(3)The sign shall give the number of the City license under which the lot is operated. <br />(4)Where the licensee operates a receiving lot in which cars are accepted with the understanding <br />that such cars may be removed to another lot, the licensee shall post on such sign, in letters not <br />less than four (4) inches in height, the following information: "Receiving Lot—Cars Parked Here <br />May Be Moved To No. ___________ Street," (giving the address to which such cars are moved). <br />(5)All signs shall be subject to the approval of the Building Commissioner of the City. <br />(6)Where separate rates or charges are made for day parking and for night parking, notice shall be <br />posted on the signs described in subsection (b)(1) of this section. <br />(c)License required. No person shall maintain or conduct a public parking facility within the City without <br />first having obtained the approval from the Board of Public Works and a license issued by the <br />Controller. <br />(d)Application: <br />(1)Applications for licenses for public parking facilities shall be made by the person intending to <br />operate a public parking facility. <br />(2)The application shall set forth the following: <br />a.The name under which and the place where the open parking lot is to be operated. <br />b.Whether the applicant is an individual, partnership or corporation. If an individual, the name <br />and business and residence address of the applicant shall be given; if a partnership, the <br />name and business and residence address of each partner shall be given; if a corporation, <br />the name, date and state under which such corporation was organized, and the name and <br />business address, resident agent, and a certified copy of article of incorporation, if requested <br />by the Board of Public Works, shall be furnished. <br />c.Whether the premises are owned or leased by the applicant, and, if leased, the name and <br />residence and business address of each owner, or part owner thereof. <br />d.The number of motor vehicles which may, at any one time, be stored upon the premises. <br />e.The hours during which motor vehicles may be stored. <br />f.A complete schedule of the rates to be charged for storing motor vehicles and the hours at <br />which changes in rate take place. <br />g.Such other information as the Board of Public Works may deem advisable. <br />(3)The application shall be signed and verified under oath by the applicant, if an individual, or by a <br />duly authorized agent, if a partnership or corporation. <br />(e)Public parking facility. A fee of eighty dollars ($80.00) shall be paid for each license issued under this <br />section. <br />(f)Bond or property liability insurance: <br />(1)No license shall be issued pursuant to this section and public parking facility shall be operated <br />until and unless the licensee under this section has deposited with the Board a bond or property <br />liability insurance policy in the amount scheduled in this section. The bond or insurance policy <br />shall be with one or more adequate sureties or a surety company acceptable to the Board and <br />conditioned that the licensee will pay all final judgments rendered against him for damages arising