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For the purposes of this article, the following words and phrases shall have the meanings respectively ascribed to them by this section:

(1) Abandoned Property means property found under circumstances reasonably indicating that the owner does not intend to control or possess it.

(2) Lost Property means property, the location of which is unknown to the owner.

(3) Unclaimed Property means personal property held by the Police Department for a period of three months or more and unclaimed within that period by the owner; or personal property held by the police in connection with a court proceeding, the disposition of which is not otherwise determined by law or court order, and unclaimed by the owner within a period of 90 days following the end of all court proceedings.