Unclaimed vessels or outboard motors ordered into storage under Section 381.29
(b) or Section 381.291
shall be disposed of at the order of the Chief of Police to a marine salvage dealer or to any other facility owned, operated or under contract with the City or shall be sold at public auction by the Chief or an auctioneer licensed under Ohio R.C. Chapter 4707, after giving notice thereof by advertisement, published once a week for two consecutive weeks in a newspaper of general circulation in the county. Any moneys accruing from the disposition of an unclaimed vessel or motor that are in excess of the expenses resulting from the removal and storage of the vessel or motor shall be credited to the General Fund of the City.