[CC 1991 §17-1; Ord. No. 584 §1, 6-13-1978]
The Chief of Police of the City of Frontenac shall begin investigating lost or stolen property immediately after it is found; and in the event the owner is identified within ninety (90) days, said owner will be notified. The Chief of Police may order said property sold for cash at a public sale at a value established by the Chief of Police. If the owner is identified, said owner will be given twenty (20) days' notice of sale of said property. If the owner is not identified, the Chief of Police shall advertise such sale by placing a notice thereof at least once in some newspaper of general circulation within the City of Frontenac. Said notice shall be published not less than two (2) weeks prior to such sale, and such notice shall give a description of the property to be sold and the owner of record, if known, and the terms, date and place of such sale. The proceeds of any such sale, less costs incurred by the Police Department, including storage charges, administration costs, expenses of sale, and advertising costs, shall be deposited with the Treasurer of the City of Frontenac, together with a statement of the amount so deposited and the costs hereinbefore described. Any owner, who makes application to the Treasurer of the City of Frontenac within sixty (60) days of the date of sale, upon proof establishing his/her ownership, shall be given a City warrant for any amount remaining after the aforesaid costs have been deducted.