1. The City may contract the handling of lost or unclaimed bicycles to a non-profit group.
2. After entering into a contract:
a) The City may refer all calls for service for found property to the contractor;
b) The contractor shall, on behalf of the City and in a timely manner, pickup the bicycle and take it to a secure storage area.
c) The contractor shall hold the bicycle, for a minimum of 30 days.
d) The contractor shall advise Enforcement Services of the property, by completing the required form and submitting it within 24 hrs of coming into possession of the property.
e) Enforcement Services shall maintain a ledger of the property.
f) Upon expiration of the holding period, the contractor may dispose of the bicycle, by public auction, unless otherwise approved by Council.
g) Except as otherwise provided in 4.2.8., the contractor will keep all proceeds of the public auction.
h) Any claims from prior owners will be received by Enforcement Services.
i) Enforcement Services will investigate the claim, and if required, contact the contractor and make arrangements for the contractor to provide a refund to the prior owner.