303.08 RETURN OF IMPOUNDED VEHICLES; BOND.
   (a)   If the owner or his representative claiming an impounded vehicle shall furnish evidence of his identity and ownership together with a receipt from the Clerk of the Municipal Court or his deputy, showing the payment of all fines and fees for violations of the provisions of this Traffic Code, as well as the payment of the towing and storage charges on such vehicle to the Traffic Division of the Police Department, such impounded vehicle shall be surrendered to him.
   (b)   If the owner or his representative desires to plead not guilty to the violation or protests the payment of the towing or storage charges, the Traffic Division of the Police Department, upon satisfactory evidence of the identity and ownership of the person claiming such impounded vehicle, and upon the furnishing of a bond, as set by the rule of the Municipal Court, by the owner or his representative, of such vehicle to the satisfaction of the Clerk of the Municipal Court or his deputy, conditioned that such owner or his representative will appear before the Municipal Court to answer to the violations on account of which such vehicle has been impounded shall surrender the impounded vehicle to the owner or his representative. It shall be the duty of a police officer having knowledge of the facts to institute the proper proceedings in the Municipal Court charging the owner or his representative of such vehicle with the violation for which the vehicle was impounded.