A. Any public sale of forfeited property shall be preceded by the publication of a notice of sale. Such notice shall be published in accordance with section 1-22-2 of this title, and such publication shall be completed at least two (2) weeks in advance of sale. The notice of sale shall describe the forfeited property and shall state where and when the sale shall take place. (Ord. 3, Series 2011)

B. Forfeited property sold at public sale shall be sold to the highest bidder for cash. However, the custodian may decline the highest bid and reoffer the property for sale if, in the judgment of the custodian, the bid is insufficient.

C. The purchaser of forfeited property at any public sale conducted by the custodian pursuant to this section shall take the property free of all claims of the owner or previous owner thereof, and all persons claiming through or under them, including lienholders. However, the town shall make no warranties or representations with respect to the title to the forfeited property, and the town shall have no liability if title to the forfeited property is not marketable. The custodian shall execute all documents necessary to complete the transfer of ownership. (Ord. 21, Series 2005)