Taxi Medallion Sales Pilot Program definition

Taxi Medallion Sales Pilot Program means the former program adopted by the SFMTA Board of Directors for the transfer of certain Medallions at an established price to a Transferee who is qualified to hold a Medallion under this Article.

Taxi Medallion Sales Pilot Program means the former program adopted by the SFMTA Board of Directors for the transfer of certain Medallions at an established price to a transferee who is qualified to hold a Medallion under these regulations.(mmm)"Taximeter" shall mean a device attached to a Motor Vehicle for Hire which mechanically or electronically calculates the fare to be charged to the passenger, either on the basis of distance traveled or for waiting time, or a combination thereof, and upon which the amount of the fare is indicated by means of numerals in dollars and cents.(nnn) "Transferable Medallion" shall mean a Medallion that is transferable because it has been transferred at least once in accordance with Section 1116 of this Article.Medallions that have never been transferred but are held by Medallion Holders who are eligible to transfer their Medallions under the provisions of Section 1116(a)(1) or (a)(2) are not Transferable Medallions.(ooo) "Transferee" shall mean a Driver Permit Holder who qualifies under Section 1116(c) of this Article as a recipient of the transfer or retransfer of a Medallion.(ppp) "Transferor" shall mean a Medallion Holder who qualifies under Section 1116(d) of this Article to retransfer his or her Medallion.(qqq) "Vehicle Number" shall mean the unique identifying number associated with each Taxi or Ramp Taxi vehicle. (rrr) "Waiting List" shall mean a list of applicants for Taxi or Ramp Taxi Medallions for whom such Medallions are not yet available, maintained in the order of receipt of complete applications from qualified applicants.

Taxi Medallion Sales Pilot Program means the program adopted by the SFMTA Board of Directors for the purchase and sale of certain Taxi Medallions at an established Medallion Sale Price to a purchaser who is qualified to hold a Medallion under these regulations.

Examples of Taxi Medallion Sales Pilot Program in a sentence

• A Medallion that was transferred under the Taxi Medallion Sales Pilot Program, or is transferred under the Medallion Transfer Program, is a Transferable Medallion and a Transferee is eligible to retransfer the Transferable Medallion at any time in accordance with this Section, regardless of age or disability status.

• The SFMTA shall establish a Taxi Advisory Council ("Advisory Council"), which shall monitor the issues that arise during the Taxi Medallion Sales Pilot Program, evaluate the effects of the Pilot Program on all sectors of the taxi industry, and provide advice to the SFMTA Board of Directors and the Director of Transportation.

• The Advisory Council shall prepare and provide to the Director of Transportation, no later than March 31, 2011, a report containing its assessment of the Taxi Medallion Sales Pilot Program and its recommendations regarding a long-term Medallion Reform Program.

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• The SFMTA shall continue to issue Medallions to applicants in accordance with Sections 1103 and 1104 of this Article during the pendency of the Taxi Medallion Sales Pilot Program.

• Due to the need to ensure ramp taxis are accountable for service to customers in wheelchairs, the ramp taxi medallions were not made transferable in either the Taxi Medallion Sales Pilot Program (Pilot Program) adopted by the Board of Directors in February, 2010, or the final Medallion Transfer Program adopted by the Board at its meeting of August 21, 2012.

• Any Transferee who receives a down payment loan from a Qualified Lender under the Taxi Medallion Sales Pilot Program, or a down payment assistance loan from the SFMTA under the Medallion Transfer Program, must operate the Transferable Medallion as a Gas and Gates Medallion until the Transferee repays the entire amount of the loan.

• A Medallion that was subject to an Initial Transfer under the Taxi Medallion Sales Pilot Program or the Medallion Transfer Program is a Transferable Medallion, and the Transferee is eligible to Retransfer the Transferable Medallion at any time in accordance with this Section, regardless of age or disability status.

• PURPOSE Requesting the Board of Directors to amend Transportation Code Division II, Sections 1102 and 1116 to transition the Taxi Medallion Sales Pilot Program into a long-term medallion transfer program.

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