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Attachment A . Closing must take place on or before October 17, 2014, (Closing Section 3.7. Closing Date) or such other date as may be agreed to by the Buyer and Authority in writing. At Closing, pursuant to Section 5.1, the Buyer will provide the Authority with a Letter of Credit in the amount of $10,000 or shall escrow such amount with a title company of Buyers choice, in accordance with the Guidelines. The Buyer will pay: (a) the closing fees charged by its title Section 3.8. Closing Costs. insurance company or other closing agent, if any, utilized to close the transaction for Buyer; (b) the recording fees for the Contract for Private Development, the deed transferring title to the Buyer, the Mortgage, the Certificate of Completion, and the satisfaction of Mortgage; and (c) mortgage registration tax. The Authority will pay all other fees normally paid by sellers, including: any transfer taxes, and any fees and charges related to the filing of any instrument required to make title marketable. Each party shall pay its own attorney fees. Authority warrants that city water is available at the lot Section 3.9. Sewer and Water. line and city sewer is available at the curb. . Authority aware of any individual sewage Section 3.10.ISTS Disclosureis not treatment system on the property. Buyer is responsible for all costs of removing any individual sewage treatment system that may be discovered on the Property. Authoritys knowledge of wells on the Property is Section 3.11. Well Disclosure. disclosed in Exhibit F. ARTICLE IV. CONSTRUCTION OF IMPROVEMENTS . The Buyer shall cause the Improvements Section 4.1. Construction of Improvements to be constructed on the Property in accordance with the Guidelines and the Construction Plans, shall cause the Improvements to meet or exceed the Minimum Market Value specified in Section 1.1, and shall maintain, preserve and keep the Improvements in good repair and condition. . No building permit will be issued by the City unless the Section 4.2. Building Plans building plans are in conformity with the Guidelines contained in Exhibit B, the Construction Plans, the required Minimum Market Value, other requirements contained in this Agreement, and all local, state and federal regulations. The Buyer shall provide the Authority with a set of building plans to be used in connection with any application for a building permit. The Authority shall, within 25 days of receipt of the building plans review the same to determine whether the foregoing requirements have been met. If the Authority determines such building plans to be deficient, it shall notify the Buyer in writing stating the deficiencies and the steps necessary for correction. Issuance of the building permit by the City shall be a conclusive determination that the building plans have been approved and shall satisfy the provisions of this Section 4.2. . Subject to Unavoidable Delays, construction of Section 4.3. Schedule of Construction the Improvements shall be completed prior to July 31, 2015 (the Construction Completion 441549v2 MNI RS275-1 5