(A) An unclaimed motor vehicle ordered into storage pursuant to § 95.01(A)(1) or § 95.02 subject to one of the following:
(1) The Police Chief may dispose of it with a motor vehicle salvage dealer or scrap metal processing facility as defined in R.C. § 4737.05, or with any other facility owned by or under contract with the municipality for the disposal of such motor vehicles.
(2) The Police Chief or a licensed auctioneer may sell the motor vehicle at public auction, after giving notice thereof by advertisement, published once a week for two successive weeks in a newspaper of general circulation in the county or as provided in R.C. § 7.16.
(3) A towing service or storage facility may obtain title to the motor vehicle in accordance with R.C. § 4505.104.
(B) Any moneys accrued pursuant to division (A)(1) or (A)(2) of this section that are in excess of the expenses resulting from the removal and storage of the vehicle shall be credited to the general fund of the municipality.
(R.C. § 4513.62)