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Pursuant to the provisions of IC 36-7-4-1325, as amended, the Town acquires a lien against the real property subject to an impact fee installment plan on the date a building permit is issued. Upon adoption, this article shall be recorded and, thereafter, it shall constitute constructive notice of the lien rights of the Town with respect to a parcel of real property which is the subject of an installment payment of the impact fee. The Town may, in its discretion, file a specific instrument setting forth its lien rights with respect to a parcel of real property that is the subject of an installment payment of the impact fee, and such instrument shall constitute actual notice in addition to the constructive notice provided for by the recordation of this article. Further, the Town shall have all rights as provided by the provisions of IC 36-7-4-1325, as amended, to collect any unpaid impact fee.

(Ord. No. 1721, § 7, 1-13-21)