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EXHIBIT "C-1" <br />Port of Everett <br />Everett Shipyard Preferential Use Parcel 2 <br />That portion of the North Tract. Tide Land Tract 5 and Harbor Parcel 2, as shown on <br />that certain Record of Survey, for the Port of Everett, and recorded under Auditor's <br />File No. 200209195004, reccrds of Snohomish County, Washington, described as <br />follows: <br />Commencing at the standard city monument at the intersection of Hewitt <br />Avenue and Nassau Street, as shown on said survey; thence North 89°03'29" <br />West, along the monument line of said Hewitt Avenue, a distance of 344.09 <br />feet to the standard city monument at the intersection of said Hewitt Avenue <br />and Federal Street, as shown on said survey; thence North 00°55'06" East, <br />parallel with said Federal Street, a distance of 507.87 feet to a point on the <br />North line of California Street, as shown on said survey; thence North <br />89004,03" West, along said North line, a distance of 52.00 feet to the West line <br />of said Federal Street; thence North 00°55'06" East, along said West line, a <br />distance of 361.48; thence North 89004'54' West a distance of 441.54 feet; <br />thence South Ii00f•5'06" West a distance of 201.22 feet; thence South <br />42"35'06" East a iistance of 51.73 feet; thence South 17000'02" West a <br />distance of 128.51i feet; thence South 16°28'50" West a distance of 111.46 <br />feet; thence North 73*31'10,, West a distance of 130.40 feet; thence North <br />16028'50" East a distance of 14.00 feet to a point on the Easterly projection of <br />the South line of Harbor Parcel 2, as Harbor Parcel 2 is shown on said survey <br />and the True Point of Beginning; thence North 73031'10" West, along said <br />projection of said South line and said South line, a distance of 193.65 feet; <br />thence North 16°28'50" East a distance of 200.00 feet to a point on a line that <br />is 200.00 feet Northeasterly of said South line, as measured at right angles <br />thereto; thence South 73°31'10" East, parallel with said South line of Harbor <br />Parcel 2. a distance of 221.35 feet to a point on the Line of Mean High Tide; <br />thence South 41 "23'16" East, along said Line of Mean High Tide, a distance of <br />54.96 feet; thence South 18"02'48" West, along said Line of Mean High Tide, <br />a distance of 122.23 feet; thence South 38035'51' West, along said Line of <br />Mean High Tide, a distance of 33.96 feet; thence South 85"46'00" West, along <br />said Line of Mean High Tide, a distance of 48.42 feet to a point which bears <br />South 73'31'10" East from the True Point of Beginning; thence North <br />73'31'10" West a distance of 12.83 feet to the True Point of Beginning. <br />All as shown on Exhibit'C-2", Preferential Use Parcel 2, revision 01, dated March 11, <br />2008, which Is incorporated by reference herein. <br />Containing 51,724 square feet, more or less. <br />Page 1 of 1 03/11/2008 <br />06062 Port of Everett <br />rev 02 vsw <br />-513 <br />