(A) If a vehicle is appraised over $300, the Chief of Police shall hold a sale at the time and the place appointed within the view of the vehicle to be sold.
(B) The vehicle shall be sold to the highest and best bidder, provided that if no bids are entered, or those bids which are entered are less than the costs incurred by the city, the Chief of Police may enter a bid on behalf of the city in an amount equal to such costs.
(C) At the time of payment of the purchase price, the Chief of Police shall execute a certificate of sale, in duplicate, the original of which shall be delivered to the purchaser and the copy thereof filed with the auditor of the city. The certificate of sale shall be substantially as follows:
CERTIFICATE OF SALE
This is to certify that under the provisions of Chapter 90 of the Code of Ordinances entitled “Abandoned Vehicles” and pursuant to due notice of the time and place of sale, I did on the day of , 20 sell at public auction to for the sum of $ cash, he being the highest and best bidder, and that being the highest and best sum bid therefor, the following-described personal property, to wit:
and in consideration of the payment of the said sum of $ , receipt whereof is hereby acknowledged, I have this day delivered to said purchaser the foregoing property.
Dated this day of , 20 .
Note: The city assumes no responsibility as to the condition of title of the above-described property. In case this sale shall for any reason be invalid, the liability of the city is limited to the return of the purchase price.
(Prior Code, § 90.10)