If a bond in the amount of five hundred dollars ($500.00) is posted with the village, the impounded vehicle shall be released to the owner of record, upon the payment by the owner of record of the towing and storage costs to the applicable towing company. If an administrative fee is imposed pursuant to subsection 6-17-6B of this chapter, the bond shall be applied to said fee; provided, in the event that a violation of this chapter is not proven, the bond shall be returned to the person posting the bond. All bond money posted pursuant to this chapter shall be held by the village until a hearing officer issues a decision, or, if there is judicial review pursuant to section 6-17-10 of this chapter, until a reviewing court issues a final decision. (Ord. O2008-45, 8-12-2008)