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Site. The word "Site" or "the Site" means the property commonly known as 7900 Sunwood <br />Drive NW, Suite 100-400, Ramsey, MN which property is located on the following legally <br />described parcel: <br />Lot 1, Block 1, Ramsey Town Center 3`d Addition, Anoka County, Minnesota. <br />Water Access Charge. The words 'Water Access Charge" ("WAC") mean the fee required <br />by the City of Ramsey for properties to receive municipal through the said City's municipal <br />water system. The amount of WAC for the Project is $91,863.00. <br />RECIPIENT ACKNOWLEDGES HAVING READ ALL THE PROVISIONS OF THIS BUSINESS <br />SUBSIDY AGREEMENT AND RECIPIENT AGREES TO ITS TERMS. THIS BUSINESS <br />SUBSIDY AGREEMENT IS DATED SEPTEMBER . 2009. <br />Grantor: <br />By <br />Its Mavor <br />By <br />Its Citv Administrator <br />Recipient: <br />By <br />Its Chief Manaaer <br />