(A) The City Manager or his or her designee, after removing and impounding junk as provided elsewhere in this chapter, shall determine whether the fair market value of the junk exceeds the sum of $50. For purposes of such valuation process, articles shall be valued in the following sequence:
(1) Each particular article which may have a value in excess of $50;
(2) Each set, partial or complete, of components of a particular type of machinery, appliance, or equipment which may have a value in excess of $50; and
(3) Each aggregate of articles that are identical or substantially similar to each other in character, which may have a value in excess of $50.
(B) After such part of the valuation process has been completed:
(1) Those particular articles, sets, or aggregates finally determined to have a fair market value in excess of $50 shall be deemed to constitute junk having a market value in excess of $50; and
(2) Those finally determined not to have such a fair market value, together with any other articles or materials not valued to that point, shall be again valued and, if all of these in the aggregate shall be determined to have a fair market value in excess of $50, then such articles and materials collectively shall be deemed to constitute junk having a fair market value in excess of $50; otherwise, such articles and materials shall be deemed collectively not to be junk having such value.
(Ord. 3452, passed - -1995)