(2) Sale. Any property described in division (1) which is not appropriated to city use shall be sold in a manner that provides access for the public, following proper notice not less than one week prior to the sale. The notice shall contain the following information:
(a) The date, time and location or electronic medium of the sale;
(b) The general description of the property to be sold;
(c) The terms of payment; and
(d) The manner in which the sale shall be conducted.
(3) Proceeds. The proceeds of any sale shall be placed in the general fund of the city, or in any other fund of the city as the City Council may, from time to time, designate by resolution. The former owner of any property so sold may claim the sale price of the sale of the former property within six months from the date of the sale from the fund; provided, however, that the former owner shall only be entitled to the sale price upon proof of the former ownership and less reasonable expenses incurred in the storage, care, keeping and sale of the property.
(4) Unsold property. Any unclaimed property remaining unsold after the attempted sale shall be disposed of as directed by the Council.
(Prior Code, § 213.07) (Am. Ord. 20-11, passed 10-10-2011)