After having acquired all available information, the chief of police shall immediately transmit the same to the secretary of state of Oregon with an inquiry for the name and address of the owner, conditional vendor, mortgagee or other interested person. If the owner, conditional vendor, mortgagee or other person interested is found and identified, he shall immediately be notified by registered letter that the motor vehicle is held by the chief of police of the city and will be sold at public auction at a definite place in the city on a day certain at 10:00 a.m. of such day to the highest and best bidder for cash, which such sale shall not be held until 10 days have elapsed from the receipt by the owner of the registered notice. (Ord. 5109 §2 (Exh. 1), 2021; Ord. 1980 §3, 1939).