Indiana Code Title 14. Natural and Cultural Resources § 14-33-12-5

(1) Liens for street improvements.

(2) The payment of street improvement assessments by installments.

(3) The issuance of Barrett Law bonds and coupons to anticipate the collection of assessments.

(1) The lien.

(2) The collection and enforcement of the lien.

(3) The payment of assessments for the construction of works of improvement under:

(1) the enforcement of assessment liens for street improvements in actions of a municipality enforcing the liens and attorney's fees in those actions;

(2) the procedure;

(3) the conduct of sales by the sheriff under decrees of foreclosure;

(4) the execution of certificates and deeds;  and

(5) all matters of a similar nature regarding street improvements and collection of assessments in a municipality, including the rights of contractors, assignees, and bondholders;

(1) Issue the bonds in anticipation of the collection of assessments and coupons evidencing interest at any rate directly to the contractor at the completion of the work.

(2) Issue directly to engineers and attorneys bonds and coupons in payment of fees incident to the work of improvement.

(1) must pay interest for the full term of ten (10) years;  and

(2) may prepay the principal and remaining interest due.