More taxicabs may be hitting Austins streets, but not anytime soon. Last night, the City Council approved additional permits for cab companies: 30 for Lone Star Cab (which would bring its total to 88), and 15 for Austin Cab (bringing it to 177). However, the approvals were on first reading only; council must approve the change on three readings, which may occur concurrently. And even then, it takes 60 days for the permits to take effect. As shown above, should Lone Star and Austin Cab receive the additional permits, their numbers will still be eclipsed by Yellow Cab, which controls 455 permits: so many, in fact, its technically prohibited by city ordinance, which states a company may not possess more than 60 percent of the citys permits.