All abandoned, stolen or recovered property of every kind, except motor vehicles, which shall remain with the police department for a period of four (4) months without being claimed or reclaimed by the owners, whether known or not, may be sold and disposed of at public auction, as provided in this article.
(1975 Code, sec. 25-40; 2004 Code, sec. 1.1101)
The chief of police shall give to the city manager a list of all property subject to sale under the provisions of this article and shall thereafter deliver such property, except motor vehicles, to the city manager before the date of sale and take a receipt therefrom showing in detail all property so delivered.
(1975 Code, sec. 25-41; 2004 Code, sec. 1.1102)
A thirty (30) day notice of the time and place of sale of all stolen or abandoned property, and a descriptive list of the property to be offered for sale, shall be posted at the door of the courthouse of the county and at the city hall, and a copy thereof shall be sent by registered mail to the last known address of the owner, in the event the name of the owner is known to the city manager; thereafter, such property shall be offered for sale at public auction to the highest bidder for each piece of property, or shall be assembled in lots, whichever will offer the best price obtainable for such property in the discretion of the city manager.
(1975 Code, sec. 25-42; 2004 Code, sec. 1.1103)
The public auction provided for in this article shall be conducted at the place and hour designated in the notice. All sales shall be for cash.
(1975 Code, sec. 25-43; 2004 Code, sec. 1.1104)
The city manager shall conduct the public auction provided for by this article, shall keep an accurate statement of each article sold and the price bid and paid therefor, and shall make a complete report in writing to the city secretary of the time, place and manner of conducting such sale. All funds received on account of such auction shall be delivered to the city secretary, who shall give a receipt therefor.
(1975 Code, sec. 25-44; 2004 Code, sec. 1.1105)
The city secretary shall place all funds received under and by virtue of this article to the credit of the general fund, which shall thereafter be disbursed as the city council shall order.
(1975 Code, sec. 25-45; 2004 Code, sec. 1.1106)