(a) Except as provided in subsection (b)of this section, at the end of the periods set forth in Section 2-7.302 of this article, such unclaimed property shall be sold at public auction to the highest bidder, and the proceeds therefrom shall be deposited in the General Fund.
(b) Pursuant to Section 217 of the Welfare and Institutions Code of the State, at the end of the periods set forth in Section 2-7.302 of this article, unclaimed bicycles and toys may be turned over to the Probation Officer or to the Department of Social Services at the request of either of such agencies for use in any program of activities designed to prevent juvenile delinquency. (§ 4, Ord. 561, as amended by § 1, Ord. 933, eff. June 24, 1982)