369.12  PROCEEDS FROM SALE.
   The proceeds from any sale pursuant to the provisions of this article shall be distributed in the following order:
   (a)    Reimbursement to the City of Keyser and the Keyser City Police Department for any and all outstanding fines, penalties, costs, immobilization fees, costs of conducting the auction, costs of towing, preserving and storing the vehicle which resulted from placing the immobilized vehicle in custody and all notice and publication costs incurred pursuant to the sale of said vehicle and the provisions of this article. The $50.00 immobilization fee shall be credited to the City police budget and the remaining amount shall be deposited in general revenue account for the City of Keyser.
   (b)    Payment to any lien holder on said vehicle for any outstanding amount owed on the applicable lien of said vehicle.
   (c)   Any remainder of the proceeds from said sale shall be paid to the last registered owner of the vehicle.
   (d)   In the event the owner and/or lien holder cannot be located or in the event the owner and/or lien holder fails to claim any remaining proceeds from said sale, said proceeds shall be deposited in the state road fund in accordance with the provisions of West Virginia Code Section 17-24A-6.  (Ord. 273.  Passed 10-27-08.)