A. That the applicant is financially responsible, and that the applicant is of good moral character, or that the officers of said applicant are of good moral character.

B. That the persons holding permits or licenses for the operation of motor vehicles for hire are under the experienced and efficient management and earning a fair and reasonable return of their capital devoted to such service.

C. That the applicant has complied with the provisions of all City, State and Federal laws applicable to the proposed operation.

D. That the additional service will not result in a greater hazard to the public, and will not create traffic congestion or parking problems.

E. If the Council finds from its investigation and hearing that the public convenience and necessity justify the creating of an additional certificate and the granting of permits requested thereunder, it shall notify the applicant of its findings. Within 60 days thereafter the applicant shall furnish to the City Manager any and all additional information which may be required, and if the City Manager then finds the vehicles proposed to be used by the applicant meet the requirements of this chapter, he shall thereupon issue to the applicant a certificate of public convenience and necessity.

F. If the City Council finds from such investigation and hearing the public convenience and necessity does not justify the granting of an additional certificate, it shall forthwith notify the applicant of said finding.