HomeMy WebLinkAbout105 - 09/17/1991 - AMENDING CITY CODE PERTAINING TO THE DISPOSITION OF UNCLAIMED PROPERTY ORDINANCE NO. 105, 1991
OF THE COUNCIL OF THE CITY OF FORT COLLINS
AMENDING CHAPTER 23 OF THE CODE OF THE CITY
OF FORT COLLINS PERTAINING TO THE DISPOSITION
OF UNCLAIMED PROPERTY
BE IT ORDAINED BY THE COUNCIL OF THE CITY OF FORT COLLINS as follows:
Section 1. That Section 23-130(1) of the Code of the City of Fort Collins
is hereby amended to read as follows:
Sec. 23-130. Disposition of other unclaimed property.
(1) All such property shall be retained for a period of no
less that two (2) months from the date that possession
was acquired by the city;
Section 2. That Section 23-130(3) of the Code of the City of Fort Collins
is hereby amended by the addition of a new subparagraph (a) , by relettering the
original subparagraph (a) as subparagraph (c) and relettering the original
subparagraph (c) as subparagraph (d) , to read as follows:
Sec. 23-130. Disposition of other unclaimed property.
(3) If, within ten (10) days from the publication of the notice,
no claim for such property described in the notice shall have
been made by the rightful owner, such property shall become
the property of the city and shall be disposed of in the
following manner:
a. Any property which was delivered to the city, the
possession or use of which is not illegal or
dangerous, may be returned to the person(s) who
delivered the same to the city. The city shall
thereupon relinquish any claim of ownership to
such property and shall thereafter be relieved of
any liability to the original owner of such
property or any other person;
b. Any other such property may, in the discretion of
the Purchasing Agent, be retained and used by the
city in the administration of city affairs with
the use and distribution of such property to be
accomplished by the Purchasing Agent according to
established guidelines approved by the City
Manager;
C. All other property shall be sold at public auction
in the manner and upon the terms described in the
above notice with the proceeds of any such sale
or sales to be paid to the Financial Officer to
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be placed in the general fund of the city after
deducting the cost of storage, advertising and
selling; and
d. Any unclaimed property which is of little or no
marketable value may be destroyed.
Introduced, considered favorably on first reading, and ordered published
this 3rd day of September, A.D. 1991, and to be presented for final passage on
the 17th day of September, A.D. 1991 .
M yor
ATTEST:
�7
i ty Cie _
/ Passed and adopted on final reading this 17th day of
September, A.D. 1991 .
Mayor
ATTEST:
City Clerk
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