4-2-117. SALE OF IMPOUNDED AND ABANDONED VEHICLES.
If, at the expiration of 30 days after mailing the notice provided in Section 4-2-103, such vehicle is not redeemed by the owner or his proper representative or lien holder of record, the Police Department shall proceed to sell the same at public auction after first giving at least seven days' notice of said sale by publishing said notice at least once in a newspaper published or widely distributed in the City, stating the time and place of such sale. Such notice shall also describe the vehicle to be sold with reasonable certainty. Further:
(1) The Police Department reserves all options as to the disposition of the vehicle;
(2) Should the worth of the vehicle not exceed the expenses, the vehicle may be sold to the impounder as payment in full;
(3) No item shall be sold for less than accumulated fees unless the creditor-impounder agrees to accept the proceeds as payment in full; and
(4) The Police Department or his authorized agent may accept or reject all bids for such vehicle, but upon acceptance, the vehicle must be sold to the highest bidder.