An administrative fee imposed pursuant to this chapter shall constitute a debt due and owing the village. A motor vehicle impounded pursuant to this chapter shall remain impounded until:
A. The administrative fee is paid to the village and all applicable towing and storage fees are paid to the towing agent, in which case the owner of record shall be given possession of the motor vehicle; or
B. A bond in an amount equal to the applicable administrative fee is posted with the police department and all applicable towing fees are paid to the towing agent, at which time the motor vehicle will be released to the owner of record; or
C. The motor vehicle is deemed abandoned in which case the motor vehicle shall be disposed of in the manner provided by law for the disposition of abandoned motor vehicles. (Ord. 2010-11-01, 11-1-2010)