A. Unclaimed Personal Property, Right To Sell: Any personal property which remains unclaimed in the custody of the city for at least six (6) months may be sold by the city at a public sale and such sale shall be conducted by the head of the department of the city which has custody of said property. (1960 Code, Sec. 1-1201; amd. 1977 Code)
B. Notice Of Sale: Prior to said sale the city clerk shall give notice of said sale in substantially the following form:
Notice is hereby given that in compliance with Section 1-10-1, of the City Code the following described personal property will be offered for sale at the day of , 20 , at (City office or police station) in the City of Rupert: (description of personal property). The City of Rupert retains the right to reject any and all bids and to sell property by the individual piece or as a whole.
Dated .
(City Clerk)
The clerk shall give such notice by causing the same to be published in two (2) consecutive issues of a weekly newspaper having general circulation within the city and said sale shall be conducted at least three (3) days after the second and final publication of said notice. (1960 Code, Sec. 1-1202)
C. Sale: Such sale of unclaimed personal property by the city shall be by public auction to the highest bidder for cash and said personal property may be sold by the piece or as a whole to one or more bidders, and the city shall have the right to reject any or all bids. (1960 Code, Sec. 1-1203)
D. Disposition Of Proceeds: Immediately after such sale, all proceeds thereof shall be delivered to the city clerk, and the clerk shall cause said proceeds to be deposited to the credit of the general fund as other funds are so deposited and credited. (1960 Code, Sec. 1-1204)