2.20.040 - Sale at auction—Notice of sale.
A. Unclaimed property, excepting bicycles, in the possession of the Police Department which has been held by the Police Department for a period of at least three months shall be offered for sale to the public at public auction. Unclaimed bicycles in the possession of the Police Department which have been held for a period of at least three months shall be scheduled for auction; provided, however, any such bicycles may be transferred in accordance with the provisions of Section 2.20.045.
B. The auction of unclaimed property may be held concurrently with an auction of surplus City property. Such unclaimed property shall be sold at public auction to the highest bidder for cash.
C. Notices of all such sales shall be given by posting copies of notices at City Hall and in a conspicuous place near the entrance of the Police Department. Such notices shall be so posted for at least five days preceding each sale. Copies of notices of sale shall be published at least one time in a newspaper of general circulation published within the City, the date of the last publication to be at least five days before the date of sale. Such notices of sale shall contain general descriptions of the kinds of items of property to be sold, but definite descriptions of each of the several items are not required.
D. Notwithstanding subsections A and B of this section, if the Purchasing Division of the City determines that any unclaimed property transferred to it for sale is needed for a public use, such property may be retained by the City and need not be sold. Unclaimed property transferred to the Purchasing Division shall not be redeemable by the owner or other person entitled to possession.
(Ord. 7341 § 2, 2016; Ord. 6258 § 1, 1995: Ord. 4356 § 1 (part), 1976; prior code § 23A.4)