A. A vehicle impounded under this section 7-5-1 shall be released prior to hearing to a person entitled to lawful possession of said vehicle upon payment to the police agency of a fee of five hundred dollars ($500.00), plus any and all towing and storage charges. The fee set forth in this subsection will be refunded by the village in the event that, upon final hearing as provided in section 7-5-1-6 of this chapter, the hearing officer determines that the vehicle was not used in the commission of a violation as set forth in section 7-5-1-1 of this chapter. Under such circumstance, the vehicle shall be released from impoundment to its owner. (Ord. 2008-1303, 10-7-2008; amd. 2016 Code)
B. Notwithstanding any other provision of this section 7-5-1, whenever a person, corporation, or business entity with a valid lien or valid security interest against a vehicle impounded under this section 7-5-1 has commenced foreclosure proceedings, possession of the vehicle shall be given to the person or agent for said entity with a valid lien, to refund to the village the net proceeds of any foreclosure sale, less any amounts necessary to pay all lienholders of record, up to the total amount of penalties and fees imposed under this chapter.
C. If a person entitled to lawful possession does not redeem the impounded vehicle within thirty (30) days after the vehicle is impounded or after the hearing officer's written determination, whichever is later, then such vehicle shall be disposed of in accordance with the procedure set forth for disposal of unclaimed or abandoned vehicles as provided by law. (Ord. 2008-1303, 10-7-2008)