Unclaimed property that is acquired by the city and is not claimed by the true owner within thirty (30) calendar days following the receipt of the property by the city, except for instances where there is a finder claiming an interest in the unclaimed property pursuant to section 2.10.120 of this chapter, shall be disposed of by sale or appropriated for public use as follows:
A. Notice Of Disposition Procedure:
1. Public Notice: After the expiration of thirty (30) calendar days from receipt of the property, the city shall:
a. Publish at least one notice of intent to dispose of the unclaimed property in a newspaper of general circulation within Salt Lake County; and
b. Post a similar notice in a public place designated by the mayor or his/her designee for posting of notices within the city.
2. Notice Contents: The published and posted notice shall contain a general description of the items to be disposed of and the date of intended disposition. Items may be listed by categories or other general groupings and shall state the date of intended disposition.
3. Waiting Period: The property shall be held by the city and not disposed of for a minimum of eight (8) calendar days, after the date of posting and publication of the notice.
B. Return To True Owner: If the true owner of the property claims the property prior to the expiration of the eight (8) day waiting period, upon providing adequate proof of ownership, the property will be returned to such true owner. (Ord. 76-16, 2016)