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EXHIBIT B <br /> Form of Certificate of Completion <br /> The CITY OF EVERETT, a Washington municipal corporation ("City"), hereby certifies <br /> that TOUCHSTONE EVERETT HOTEL LLC, a Washington limited liability company <br /> ("Developer"), has satisfactorily completed construction of the Improvements on the real <br /> property described in Exhibit A attached hereto (the "Property"), as such Improvements are <br /> described in that certain Project Construction Covenant dated , 20_ (the <br /> "Covenant"), which Covenant was recorded in the Recording Office of Snohomish County, <br /> Washington, as Document No. , on ,20 <br /> This Certificate of Completion is and shall be a conclusive determination that the <br /> Developer has satisfied, or City has waived,the obligation to construct the Project in accordance <br /> with the Covenant. Accordingly, except for Section 3.2 and Section 3.3 and all provisions of the <br /> Covenant necessary to enforce Section 3.2 and Section 3.3, all terms and conditions of the <br /> Covenant are hereby terminated to the extent they are an encumbrance on the Property and are <br /> released from title to the Property. <br /> IN WITNESS WHEREOF, City has caused this instrument to be executed this day <br /> of <br /> [ATTACH REQUISITE SIGNATURE AND NOTARY BLOCKS, LEGAL <br /> DESCRIPTION, AND RECORDING COVER SHEET] <br /> B-1 <br /> 51083924.1 <br />