2017/01/25 Council Agenda Packet

f • the TNC or taxicab driver as well as the make,model, and license plate number of the TNC or taxicab vehicle. L. Taxicab companies and TNCs may initiate dynamic market pricing if each passenger receives express written notice through the taxicab company's or TNC's digital network, or through an official taxicab company statement if no digital network is used to secure the ride,prior to the passenger accepting the ride. During periods of abnormal market disruptions,however, taxicab companies and TNCs companies may not initiate dynamic market pricing. For the purpose of these rules, "abnormal market disruptions"is defined as any change in the ground transportation market,whether actual or imminently threatened,resulting from stress of weather,natural disasters, failure or shortage of electric power or other source of energy, strike, civil order,war, military action,national or local emergency, or other cause of an abnormal disruption of the market which results in a declaration of a state of emergency by the Mayor of the city, or the governor of the State of Washington. "Dynamic market pricing"is defined as a pricing strategy that sets highly flexible prices for products or services based on current market demands. Section 9. Insurance A. Each TNC and TNC driver must comply with the automobile liability insurance requirements contained in chapter 48.177 RCW as enacted or subsequently amended. B. Each taxicab company and taxicab driver must comply with the surety and automobile liability insurance requirements contained in chapter 46.72 RCW as enacted or subsequently amended. C. Each taxicab and TNC driver shall maintain within his or her motor vehicle proof of insurance satisfying the requirements of this chapter. Such proof may be provided electronically. Section 10. Registered agent required Each taxicab company and TNC must maintain a registered agent for service of process in the State of Washington. The name,telephone number, and physical address of the registered agent shall be submitted to the city at the time of the license application. The taxicab company and TNC must notify the city in writing of any changes to its registered agent within seven(7) days of such change. Section 11. Audit A. Unless the city determines there are problems that merit additional audits, then not more than twice per calendar year,the city may audit each taxicab company's and TNC's records to review compliance with this Ordinance. Each audit will be limited to records relating to no more than twenty(20)randomly selected taxicab or TNC drivers operating a taxicab or TNC vehicle pursuant to this Ordinance. Drivers shall be randomly selected by the city. In the event the audit reveals discrepancies in the records Page 9 of 13 10