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<br />12.4 FIRPTA. A <br />Certificate or Exemption <br />withholding, in accordance <br />Revenue Code. <br /> <br />FIRPTA Non-Foreign Entity Transfer <br />Certificate or document evidencing <br />with Section 1445 of the Internal <br /> <br />12.5 DR-219. <br /> <br />DR-219 as required for recording. <br /> <br />12.6 Closing Statement. At least four (4) <br />counterparts of a closing statement for this transaction, <br />executed by Seller. <br /> <br />12.7 Documentation authorizing transaction. Documentation <br />in form and content reasonably satisfactory to the Buyer that <br />the Board of Directors of Avila Condominium Association, Inc. <br />have properly approved this Option Agreement for the purchase <br />and sale of the Property. <br /> <br />13. Buyer's Closing Documents. At closing, Buyer shall <br />deliver the following documents (Buyer's Closing Documents) to <br />Seller; <br /> <br />13.1 City Commission Approval. A certified copy <br />of the Resolution, Minutes or Agenda Actions of the pertinent <br />meeting of the Commission Council showing that Buyer has been <br />authorized to enter into and execute this Agreement and <br />consummate the transaction herein contemplated. This Agreement <br />shall be presented to City Commission for its approval at its <br />regular meeting scheduled for May 15, 2007. <br /> <br />13.2 Appraisals. Any and all appraisals required <br />under Chapter 166 of the Florida Statutes. <br /> <br />13.3 Closing Statement. <br />counterparts of a closing statement <br />executed by Buyer. <br /> <br />At <br />for <br /> <br />least <br />this <br /> <br />four (4) <br />transaction, <br /> <br />14. Closing Procedure. <br />following manner: <br /> <br />The Closing shall proceed in the <br /> <br />14.1 Transfer of Funds. Buyer shall pay the net <br />closing proceeds to the Seller by wire transfer to the account <br />of Seller. <br /> <br />Seller's <br />Purchase <br /> <br />14.2 Delivery of Documents. Seller shall <br />Closing Documents to the Buyer upon receipt <br />Price. Simul taneously, Buyer shall del i ver the <br /> <br />deliver <br />of the <br />Buyer's <br />