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If the junk has not been released to a claimant prior to the sale as provided in this chapter, the City Manager or his or her designee shall sell the junk or cause it to be sold at public auction at the time and place and in the manner, if any, specified in the notice. The proceeds shall, by the City Manager or his or her designee, be delivered to the City Clerk, and shall be applied in reimbursement of the expense which was incurred by the city, as determined by the City Manager or his or her designee, in removing, impounding, storing, and selling the junk (including all of the expenses referred to § 12-1-15 of this chapter), and the excess, if any, shall be held by the City Treasurer, without interest, for the benefit of the owner of the junk, or of anyone having a prior right thereto, for a period of two years. If not claimed within such period, such excess shall be paid into the General Fund of the city.
(Ord. 3452, passed - -1995)