§ 221-5. Rate schedules.

A. 

Every applicant for a license to maintain, conduct or operate a parking lot or garage shall file with the City Clerk a schedule of rates showing the prices charged for daily, weekly and monthly parking or storage of motor vehicles.

B. 

Each such licensee shall post conspicuously at the public entrance to the parking lot or garage a sign composed of letters and figures at least six inches in height. Such sign shall set forth the schedule of rates charged, the hours during which such parking lot or garage will remain open for business and the maximum capacity of such parking lot or garage. Where more than one rate is charged for the parking or storage of a motor vehicle, the letters and figures designating each such rate shall be of the same size and dimensions.

C. 

No licensee shall make any charge for parking or storing in a parking lot or garage in excess of the rates set forth in the schedule filed with the City Clerk unless, and until at least 90 days prior to the effective date of such changed rates, such licensee has filed with the City Clerk, in writing, such change in rates and has posted such changed rates on signs which conform to the requirements of Subsection B hereof.