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6 518333v9 DTA MU205-47 All of the above conditions precedent shall occur within the timeframe established in section 11 of this Agreement, unless extended by the terms of this Agreement. Any or all of the above conditions precedent may also be waived by the Authority in its sole discretion. 11. Closing; Delivery and Recording. a. Subject to the substantial satisfaction of all of the terms and conditions contained herein which must be satisfied prior to the Authority's conveyance of the Property to the Developer, the Authority shall execute and deliver the Property Deed to the Developer at closing. Closing shall occur on a mutually agreeable date as soon as reasonably practicable following the Authority’s acquisition of the Property from Ramsey County (the “Date of Closing”). However, if closing has not occurred by December 1, 2018, either party may terminate this Agreement by notice to the other in accordance this Agreement. The Developer shall have possession of the Property upon closing. Closing shall be at the offices of the Authority, 2401 Mounds View Boulevard, Mounds View, Minnesota 55112 or such other location to which the parties may agree. Prior to closing, the Authority shall submit to the Developer a copy of the Property Deed and other closing documents for review. The Property Deed shall be in recordable form and shall be recorded among the County land records. b. On the Date of Closing, the Developer shall be responsible for and pay: (1) the cost of recording the Property Deed and this Agreement; (2) the Developer’s cost to obtain the title evidence determined necessary or desirable to the Developer, including costs associated with any title commitment or the premium to obtain a policy of title insurance; (3) for any documents related to or in connection with the Developer’s financing of the Property, including but not limited to, recording fees and mortgage registration tax; (5) Developer’s title company closing fees, if any; (6) all of the Developers’ attorney’s fees. c. On the Date of Closing, the Authority shall be responsible for and pay: (1) transfer taxes, including State deed tax, to allow the Developer to record the Property Deed; and (2) Authority’s title company closing fees, if any.