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7. ISSUANCE OF LICENSES. The City Manager or designee shall approve the <br /> issuance of all licenses hereunder upon evidence that the applicant has satisfactorily submitted <br /> completed application forms as required, and provided all required documentation, including but <br /> not limited to: <br /> a) A certificate or certificates of insurance showing insurance coverage as required herein <br /> for the entire term of the license, for each licensed vehicle, showing the City as named <br /> additional named insured, requiring the insurer to provide the City prompt notice of <br /> cancellation or lapse in coverage; and <br /> b) A certified report by a currently certified ASE mechanic for each licensed vehicle that it <br /> complies with requirements set forth herein out; and, <br /> c) For vehicle for hire licensees operating taxi cabs, a report by a currently certified ASE <br /> mechanic that the taximeter of each licensed taxi is accurate to within five (5)per cent of <br /> the measured test distance travelled by said taxi; and <br /> d) For corporate licensees, a certificate of good standing for the corporation; and <br /> e) Payment of all required fees. <br /> 8. USE OF LICENSE. After a vehicle for hire license has issued, the privileges <br /> thereunder shall be actively exercised. Suspension or the exercise of said privileges for a period <br /> of 90 days may be cause for revocation of such license absent the showing of substantial reasons <br /> for the same not within the control of the licensee. <br /> 9. IDENTIFICATION CARD REQUIRED; FORM; POSTING. When any vehicle <br /> for hire is licensed in accordance with the provisions of this Chapter, a license card of such size <br /> and form as may be prescribed by the City shall be provided to the owner of each licensed <br /> vehicle - in addition to the license. The license card shall include the license year, license <br />