(a) Regulations and Licenses.— For each inaugural period, the Council of the District of Columbia shall
(1) prescribe reasonable regulations necessary to preserve public order and protect life, health, and property;
(2) prescribe special regulations related to the standing, movement, and operation of vehicles; and
(3) grant special licenses to peddlers and vendors to sell merchandise in places the Council considers proper, subject to conditions and fees for the licenses the Council considers proper.