If any personal property shall be abandoned within the city for more than 15 days, it shall be the duty of the Chief of Police to use all reasonable means to ascertain the owner of the property and to notify the owner in writing as follows:
A. A brief description of the personal property abandoned, including any serial numbers or other numbers identifying the property;
B. The location where the personal property was found abandoned;
C. The storage place of the personal property; and
D. That the city may, after 60 days from the date of the mailing of the notice, proceed to sell the personal property for cash to the highest and best bidder, and from the proceeds of the sale retain a sum sufficient to pay the costs of the sale.