"the person saving or finding the property shall, if the property is of the value of one hundred dollars ($100) or more, within a reasonable time turn the property over to the police department of the city"
The UK has a similar system for fines. Laws are written that if a particular offence occurs, a "Band A fine shall apply", and a separate bit of regulation says what each band of fine or punishment entails.
Sure, but we all know that never happens until a sufficient number of easy to feel sorry for people get screwed real hard. Those people are getting needlessly screwed because the legislators were lazy. For example, most states have felony charges as an option for vandalism over a certain dollar amount, in some states these dollar amounts are low. This results in teenagers getting threatened with felonies (and the charges inevitably stick sometimes) because cleaning up their mess cost a few hundred bucks. That is a level of draconian-ness that is not ok in a free society.