(A) Auction or sale.
(1) If an abandoned, junk or unauthorized vehicle and contents taken into custody by a unit of government or contracted impound lot is not reclaimed under § 95.08, it may be disposed of or sold at auction or sale when eligible pursuant to the previous sections.
(2) The purchaser shall be given a receipt in the form prescribed by the Registrar of Motor Vehicles which shall be sufficient title to dispose of the vehicle. The receipt shall also entitle the purchaser to register the vehicle and receive a certificate of title, free and clear of all liens and claims of ownership. Before such a vehicle is issued a new certificate of title, it must receive a motor vehicle safety check.
(B) Abandoned or unsold vehicles. Abandoned or junk vehicles not sold by the city or its contracted impound lot shall be disposed of in accordance with § 95.07.
(C) Sale proceeds; public entities. From the proceeds of a sale under this section by the city or its contracted impound lot of an abandoned, junk or unauthorized vehicle, the city shall reimburse itself for the costs of towing, preserving and storing the vehicle and all administrative, notice and publication costs incurred in handling the vehicle pursuant to the previous sections. Any remainder from the proceeds of the sale shall be held for the owner of the vehicle or entitled lien holder for 90 days and then shall be deposited in the treasury of the city.
(Ord. 500, passed 12-23-99)