The city shall be reimbursed for its cost of towing, preserving and storing the vehicle, and all administrative notice and publication costs incurred in handling the vehicle, pursuant to this Division B of the city code and state law, out of the gross proceeds from the sale of
,
,
or
conducted by the city, its agent or the
and held according to this Division B and state law. Any remainder from the proceeds of the sale shall be held for the
or entitled lienholder for 90 days and then shall be deposited in a fund in the Police Department established to cover the costs of notices and other expense mandated by this Division B and state law.
(1958 Code, § 101.03) (Ord. 171, passed 2-6-1959; Ord. 66-75, passed 12-19-1966; Ord. 70-47, passed 11-9-1970; recodified by Ord. 2013-9, passed 4-1-2013)