It shall be the duty of every peace officer, upon making an arrest and taking such a weapon, thing or substance from the person of the offender to deliver or cause to be delivered the same to the chief of police to be held in his custody until the final determination of the prosecution of said offense. The chief of police, or his authorized agent, shall dispose of weapons forfeited pursuant to ordinance by destruction, sale or retention for department use in accordance with procedures and regulations of the police department. Any proceeds received from such sale shall, after deducting costs or other expenses of sale, be paid into the general fund or such other fund as the town council may direct. (Ord. 13, Series 1981)