367.05  DISPOSITION OF JUNKED MOTOR VEHICLES.
   (a)   Notice of Sale.  Upon removing a junked motor vehicle under the provisions of this article, the City shall after twenty days cause notice of public sale of such vehicle to be given by publication of the sale;  such notice to be published once in a newspaper of general circulation in the City, not less than twenty days before the date of the proposed sale.
   The notice of the sale shall set forth the following:
      (1)   The sale is of abandoned property in the possession of the City.
      (2)   A description of the vehicle, including make, model, license number, and any other information which will accurately identify the vehicle.
      (3)   The terms of the sale.
      (4)   The date, time, and place of the sale.
   (b)   Public Sale.  At sale the vehicle shall be sold to the highest responsible bidder. At the time of the payment of the purchase price, the Chief of Police shall execute a certificate of sale in duplicate, the original of which is to be given to the purchaser, and a copy thereof to be filed with the recorder of the City. Should the sale for any reason be invalid, the City's liability shall be limited to the return of the purchase price.
   (c)   Disposition of Unsold Vehicles.  In the event such a sale is held and any such vehicle is unsold, the Chief of Police may dispose of such vehicle in any manner deemed appropriate to him, including but not limited to demolishment or sale for discard value, and any and all proceeds gained from such disposition shall be applied to the removal costs and any preliminary sale advertising expenses plus the actual cost per day for storage for such vehicle.
(Passed 1-2-03.)