If the City suspends final plat approval for any subdivision plat under these regulations, it shall record a document with the Clerk and Recorder's Office for Lake County declaring that final approval for the subdivision is suspended and that the further sale, lease, or development of property within the subdivision is prohibited except that this prohibition shall not apply to persons or parties who have acquired property from the subdivider unless the person or party acquiring property meets the definition of "common ownership" in Section 1363.03 (a)(20). If any court of competent jurisdiction invalidates final plat approval for any subdivision, the City shall record a document with the Clerk and Recorder's Office for Lake County declaring that the final plat for the subdivision in no longer valid and that further subdivision activity is prohibited.
(Ord. 2004-40. Passed 5-24-04.)