Ord 1995-015 - Laserfiche WebLink

Home Browse Search

( 7"ilC- -4- Sec. 16-25. Redemption of impounded property. The owner or any person legally entitled to possession of any impounded property may redeem it as follows: (1 ) Before sale, by paying to the city or the impoun~ing agency the fees set under Section 16-24. (2) After sale, by paying to the buyer 1 1/3 times the amount paid for the property, and any reasonable expenses incurred by the buyer for keeping it; provided, that the property must be redeemed within 30 days after the date of the sale, or title to the property becomes absolute in the buyer. Sec. 16-26. Authority to sell. Any impounded property not redeemed within 90 days after being impounded may be sold by the city manager, or a designee, in the manner provided by this division. , Sec. 16-27. Notice of sale. (a) The city or the impoundment agency will provide notice under this section at least 14 days before selling any impounded property. (b) The notice will include: (1 ) a description of the property; (2) the names, if known, of the owner and any lienholders of the property; (3) a statement that the property will be sold if not redeemed within 30 days; (4) a statement that the property may be redeemed for a period of 30 days after the sale; and, (5) the date, time, place and manner of the sale. (c) The notice will be given: (1) by certified mail to the owner and any lienholders, if their names and addresses are known; or (2) by posting near the main entrance to city hall, and by publication twice in a newspaper of general circulation in the city, Sec. 16-28. Procedure for selling impounded property. (a) When any impounded property is not redeemed by the time of sale designated in the notice of sale, the property will be sold in an open, competitive manner as determined by the city manager, and a bill of sale for the property will be executed to the purchaser.