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Attachment C <br />City of Roseville <br />ORDINANCE NO. <br />AN ORDINANCE AMENDING <br />TITLE V, SECTION 508.01 <br />DISPOSAL oF' UN 'LAII'4 E.D PROPERTY TO INCLUDE <br />ELECTRONIC ONLINE AUCTION <br />THE CITY OF FAO SEVILLE ORDAIN <br />SECTION l : Title V,, Section 508.01 of the l oseville City Code is <br />amended to read as follows:- <br />548.01: SALE OF UNCLAIMED PROPERTY: <br />The Chief of Police is authorized to administer the disposal of property <br />lawfully coming into the possession of the City and remaining unclaimed <br />by the owner after sixty 60 days. Disposal shall be by sale to the highest <br />bidder at public auction or sale, inch udln_a electronic auct.i on. A .notice <br />specifying the date, time and place of any auction or sale shall he published <br />in a newspaper of general circulation throughout the City at least one week- <br />prior to such auction or sale. The net proceeds of sale shall he p l aee d in the <br />City's General Fund, subject to the right of the former owner to payment of <br />the net proceeds upon application and presentation of satisfactory proof of <br />ownership within six 6) months of the sale. Net proceeds means the sale <br />price less all costs of handling, storage or sale. (Ord. 849, 6-11-79) <br />SECTION : Effective date. This ordinance shall take effect upon its <br />passage and publication. <br />Passed by the City Council of the City of Roseville this 24th day of November, <br />2008. <br />