Sec. 5-106  Lien Rights Established.
   Pursuant to Indiana Code, § 36-7-4-1325, the Town of Schererville acquires a lien against the real estate which is the subject of the impact fee. Upon adoption, this ordinance shall be recorded, and thereafter, it shall constitute constructive notice of the lien rights of the Town. The Town may, in its discretion, file a specific instrument setting forth its lien rights with respect to a parcel of real estate which is the subject of an installment payment of an impact fee, and such instrument shall constitute actual notice in addition to the constructive notice provided for by the recording of this ordinance.
(Ord. No. 1400, § 7, 11-26-97)