After deducting the proceeds of the sale, the
expense of making the sale, the amount of any storage and any other
repair or towing charges incurred during the period in which the property
was in custody, and after the payment of all liens to which the property
was subject in the order of their priority, the remaining balance,
if any, shall be delivered to the City Manager to be disposed of as
directed by the Commissioners. All lost, abandoned or stolen money
shall also be paid to the City Manager of the city to be disposed
of as directed by the Commissioners, if the money is unclaimed.
The certificate of the Chief of Police that
he has sold any personal property to a purchaser, as provided in this
chapter, shall constitute sufficient evidence of title to any property
so sold in order to enable any such purchaser to obtain a certificate
of title and registration from the appropriate commissioner, commission
or department, which shall recognize the certificate of the Chief
of Police as sufficient authority for the issuance of a certificate
of title and registration.