Thereafter, such property shall be sold at public auction to the highest bidder and the proceeds therefrom shall be deposited in the city general fund.
Notice of such sale shall be given by the police department at least five days before the time fixed therefor by publication once in a newspaper of general circulation published in the county.
The receipt for the sale price signed by the police department shall be a valid title to the purchaser of property so sold.
(Prior code § 2-6.03)