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DRAFT J:\Attorney\ALICE\ORDWORK\CiJRRENT\Yellow Cab-Raney Franch 2002.wpd July 5, 2002 ORDINANCE NO. AN ORDINANCE OF THE CITY COUNCIL OF THE CITY OF PARIS, PARIS, TEXAS, GRANTING TO STEVE B. RANEY AND WENDY L. RANEY, DBA YELLOW CAB COMPANY, AN EXTENSION OF AN EXISTING FRANCHISE TO USE THE PUBLIC STREETS, ALLEYS, AND HIGHWAYS OF THE CITY OF PARIS FOR THE PURPOSE OF TRANSPORTING PASSENGERS FOR HIRE IN MOTOR VEHICLES FOR A PERIOD OF ONE (1) YEAR, BEGINNING J[TLY 13, 2002, THE DATE OF TERMINATION OF THE EXISTING FRANCHISE, AND ENDING JULY 12, 2003, UPON THE TERMS AND CONDITIONS HEREINAFTER PRESCRIBED; PROVIDING FOR THE REGULATION OF SAID BUSINESS; PROVIDING FOR THE PAYMENT OF A TAX FOR SUCH PRIVILEGE AND USE OF SUCH STREETS, ALLEYS, AND HIGHWAYS; PROVIDING FOR THE TERMINATION OF SUCH GRANT UPON SPECIFIED CONDITIONS; PROVIDING FOR TAXICAB STANDS FOR USE OF SAID GRANTEE; PROVIDING FOR PUBLIC LIABILITY INSURANCE ON THE MOTOR VEHICLES AND EQUIPMENT OF SAID GRANTEE; PROVIDING FOR THE SUPERVISION OF SAID BUSINESS AND INSPECTION OF ITS VEHICULAR EQUIPMENT BY THE OFFICIALS OF THE CITY OF PARIS; AND PROVIDING AN EFFECTIVE DATE. BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF PARIS, PARIS, TEXAS: Section 1. That there is hereby granted to Steve B. Raney and Wendy L. Raney, dba Yellow Cab Company, hereinafter called grantees, an extension of an existing right, privilege, and franchise for a period of one (1) year, beginning July 13, 2002, the date of termination of the existing franchise, and ending July 12, 2003, to operate a taxicab service in the city of Paris and on the streets, alleys, and public ways within the city limits of said city for the transportation of passengers for hire. The grantees herein shall maintain the principal office and place of business of said business within the corporate limits of the city of Paris, where the headquarters of said business shall be maintained. Section 2. That the right, privilege, and grant herein contained shall not be transferred or assigned without the formal action and consent of the City Council of the City of Paris, first had and obtained, and any attempted assignment or transfer of said rights and privileges by the grantees without first having had and obtained such consent and permission from the City Council of the City of Paris shall operate, ipso facto, as a termination of the rights, privileges, and grant herein contained. Section 3. That the taxicabs operated or maintained under this franchise shall be used for the purpose of the transportation of passengers and the personal luggage of such passengers. Page 1 of 5