Lost or found items should be reported to the University Lost and Found Office located at the main desk in the Memorial Student Center. Any item that is presumed stolen should be reported promptly to the University Police. Abandoned property of nominal value or size collected by the University Police will be reported to the Lost and Found Office. Larger items such as bicycles, motorcycles, automobiles and articles of considerable value will be held by the University Police. Within a 120-day period from the date any lost or abandoned property is reported to the Lost and Found Office, the rightful owner must make a claim thereon; upon proper proof, the article will be returned to the owner. A nominal charge may be levied for handling and storage of all property. After said 120-day period, the university may, at public auction, sell any property that has not been claimed, with proceeds derived from the handling, storage or sale of such property to be deposited in the MSC Lost and Found Account, said funds to be used for the benefit of the student body.