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@wolfenger
Leave a note on it (in a plastic bag with your number on) asking if the owner still wants it. If it's still there in a couple of weeks - I think the amount of time you have to hold a bike that you have found is two weeks? - then think about liberating it. Its still illegal though even if you feel as though - and probably are - you are rescuing it. That said the council can get away with it so maybe speak to them?