[HISTORY: Adopted by the Board of Trustees of the Village of Garden
City 10-5-1967 as Ord. No. 8.1 of the
Revised Unified Code of Ordinances. Section 137-1C amended during codification;
see Ch. 1, General Provisions, Art. III. Other amendments noted where applicable.]
A.
Any person who finds any lost money or property of or
exceeding the value of $10 shall report such finding to the Village Police
Department within 10 days after the finding thereof. Such money or property
must be deposited with the Police Department, which shall make entry of such
deposit in its records, together with the name and address of the finder thereof.
B.
The Police Department shall cause to be published, semiannually,
in January and July of each year, in the official village newspaper, a description
of all the money or property deposited with it pursuant to the foregoing provisions
of this chapter.
C.
Any such money or property as shall remain in the custody
of the Police Department for a period of seven months without a lawful claimant
entitled thereto shall be turned over to the person who found and deposited
the same. If the person who so found and deposited such money or property
shall not appear and claim the same within 30 days after notice by registered
or certified mail of the expiration of said seven months' period, such
money shall be paid to the Village Treasurer, to be used for general village
purposes, and in the case of property, the same shall be sold at public auction
after having been advertised once in the official village newspaper, and the
proceeds of the sale thereof shall be paid to the Village Treasurer, to be
used for general village purposes. Any claimant for lost property who shall
fail to assert his claim thereto prior to the sale thereof at public auction
as herein provided shall be entitled only to the money received from such
sale less lawful service charges.[1]
