373.24 IMPOUNDING.
   Whenever any bicycle is operated by any minor under the age of eighteen years in violation of the provisions of this Traffic Code, such bicycle may be seized by any member of the Division of Police and impounded in any vehicle pound. When any bicycle has been seized, written notice or personal service shall be made forthwith by the Police Division upon a parent or guardian of the licensee of such bicycle The bicycle so impounded shall be surrendered to the parent or guardian of such minor after payment of any impounding charge and a full explanation to such parent or guardian of the reason for seizing of the bicycle.
   When any seized bicycle is not redeemed within three days after mailing of notice or personal service, a charge of twenty-five cents (25¢) per day but not to exceed one dollar ($1.00) is assessed and shall be collected by the Police Division.