Pennsylvania Code › Title 52 - PUBLIC UTILITIES › Part II - Philadelphia Parking Authority › Subpart B - Taxicabs › Chapter 1027 - SALE OF RIGHTS › Section 1027.7 - Required application information

Current through Register Vol. 54, No. 28, July 13, 2024
(a)
SA-1 form.
The SA-1 is a
				  multipurpose form intended for use in the sale of different transferable rights
				  and shall be completed by the broker or attorney, or both, in a manner
				  consistent with the intentions of the sale. For example, an SA-1 used only for
				  the sale of a partial-rights certificate need not complete the portion of the
				  application which seeks medallion numbers.
(b)
Required information.
Except as provided in subsection (a), the completed SA-1 must include the
				  information required by the Authority, including all of the following:
(1) The medallion numbers.
(2) The certificate numbers.
(3) The name of the proposed buyer and
				  contact information, including a telephone number, an email address and a
				  facsimile number.
(4) If the
				  proposed buyer is a nonindividual person and is not already a certificate
				  holder:
(i) The articles of incorporation,
				  operating agreement, formation documents or other applicable organizing
				  documents for the applicant.
(ii) A
				  certificate of good standing for the applicant from the Bureau of Corporations
				  and Charitable Organizations.
(iii)
				  A copy of the Department of State's entity page for the
				  applicant.
(5) The name
				  of any holding company as defined in §
											1011.2 (relating to definitions)
				  having an interest in the proposed buyer and a contemporaneous certificate of
				  good standing for the holding company from the Bureau of Corporations and
				  Charitable Organizations, or similarly authorized entity in another
				  jurisdiction in the United States.
(6) The trade name, if any, of the proposed
				  buyer and a copy of the trade name registration certificate, if
				  applicable.
(7) The mailing address
				  and physical address of the proposed buyer.
(8) A copy of the proposed buyer's business
				  plan.
(9) A list including name,
				  home address and telephone numbers for current corporate officers, directors,
				  stockholders, key employees and persons with controlling interests as defined
				  in § 1011.2, if applicable.
(10) A list of all Authority, PUC and Federal
				  common carrier rights held by the proposed buyer and any of the persons listed
				  in response to paragraph (9), including taxicab medallions.
(11) The name, address, telephone number,
				  facsimile number and email address of any attorney assisting the proposed buyer
				  with the application process, together with an acknowledgement that §
											1029.3 (relating to use of
				  attorney) has been reviewed by the proposed buyer.
(12) A criminal history report, issued within
				  30 days of the filing of the application, from any jurisdiction in which the
				  following persons have lived in the preceding 5 years through the date of
				  application:
(i) An individual proposed
				  buyer.
(ii) An individual with a
				  controlling interest in the proposed buyer.
(iii) An individual with a controlling
				  interest in the holding company of a proposed buyer.
(iv) A key employee.
(13) A verified statement indicating that the
				  persons identified in paragraph (12) have not been subject to a conviction as
				  defined in §
											1001.10 (relating to definitions)
				  and that the proposed buyer has read and understands the prohibitions of
				  ownership as provided in §
											1011.5 (relating to ineligibility
				  due to conviction or arrest).
(14)
				  Verified statements from the owner and proposed buyer confirming that each are
				  in compliance with §
											1011.7 (relating payment of
				  outstanding fines, fees and penalties).
(15) The Federal Tax Identification number
				  for the following persons:
(i) The owner of
				  the rights.
(ii) The proposed
				  buyer.
(iii) Persons with a
				  controlling interest in the owner or a proposed buyer.
(iv) Key employees of an owner or proposed
				  buyer.