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Exhibit B <br /> Legal Description of the Property <br /> Parcel 1: <br /> Lot 1 of City of Everett boundary line adjustment 11-93 recorded under Auditor's File Number 9310180299 <br /> and related survey under Auditor's File Number 9310185002, being more particularly described as follows: <br /> Tracts 6, 7, and 8 of Everett Tide Lands as shown on the map thereof filed in the Office of the <br /> Commissioner of Public Lands at Olympic, Washington; also that portion of government lots 2 and 3 of <br /> section 19,township 29 north, range 5 east,W.M., records of Snohomish County, Washington, and <br /> tidelands of the first class lying in front thereof,together with vacated Federal Street, Nassau Street, <br /> Norton Avenue extension, 25th Street, and 26th Street, all being described as follows: <br /> Commencing at the meander corner common to Sections 19 and 30,Township 29 North, Range 5 East, <br /> W.M., records of Snohomish County,Washington;thence along the meander line the following 4 courses <br /> and distances: <br /> North 21°33'44" East,a distance of 686.30 feet;thence North 29°03'44" East, a distance of 297.00 feet; <br /> thence North 19°03'44" East, a distance of 461.99 feet;thence North 24°03'44" East, a distance of 88.06 <br /> feet to a point which intersects the southerly line of said Tract 6 projected southeasterly and the point of <br /> beginning;thence along said projected line North 74°18'48"West,a distance of 459.30 feet to the most <br /> southerly corner of said tract 6;thence along the easterly line thereof North 16°06'36" East, a distance of <br /> 595.87 feet to the most southerly corner of the said Tract 7; thence along the easterly line thereof North <br /> 02°18'07" East, a distance of 513.03 feet to the most easterly corner of said Tract 8;thence along the <br /> easterly line thereof North 27°39'47"West,to the Northeast corner thereof; thence South 89°52'00" East, <br /> a distance of 913.27 feet to a point 24 feet West of the West line of the Northern Pacific Railway Company <br /> right-of-way and on the west boundary of a tract of land conveyed to the City of Everett on February 24, <br /> 1900, by deed recorded in volume 50 of deeds at page 552, under Auditor's File Number 55695, records <br /> of Snohomish County,Washington;thence along the westerly line of said tract South 03°03'00"West, a <br /> distance of 84.92 feet to the southwest corner of said tract;thence along the south line thereof South <br /> 89°53'09" East,a distance of 24.03 feet to an intersection with the west line of the Northern Pacific <br /> Railway Company's right-of-way;thence along said line South 03°03'00"West, a distance of 937.57 feet <br /> to the northeast corner of a tract of land conveyed to Detreve corporation by deed recorded December 7, <br /> 1959, under Auditor's File Number 1372648;thence along the north line of said tract and projection <br /> thereof North 89°52'00" West, a distance of 479.83 feet to the center of vacated Federal Street;thence <br /> along said centerline South 00°08'41"West, a distance of 299.84 feet to an intersection with a westerly <br /> projection of the south line of lot 25, Block 618, plat of First Tide Land Addition to Everett,according to the <br /> plat thereof, recorded in Volume 7 of Plats, page 32, Records of Snohomish County, Washington;thence <br /> North 89°52'20"West,a distance of 35.00 feet to the westerly right-of-way line of said vacated Federal <br /> Street;thence along said line South 00°08'40"West, a distance of 22.73 feet to a point which bears North <br /> 89°20'22" East from the point of beginning;thence South 89°20'22" West, a distance of 22.73 feet to the <br /> point of beginning; <br /> Except that portion described as follows:commencing at a monument at the intersection of 23rd Street <br /> and Grand Avenue;thence along the monument line North 00°08'01" East, a distance of 480.13 feet to a <br /> monument at 22nd Street and Grand Avenue;thence North 88°02'51"West, a distance of 557.96 feet to a <br /> monument stamped CP-3;thence South 07°43'34"West, a distance of 1377.59 feet to a monument <br /> stamped CP-2;thence South 26°31'13" East,a distance of 165.73 feet to the point of beginning;thence <br /> South 00°03'35" East, a distance of 70.00 feet;thence North 89°26'34"West,a distance of 23.05 feet; <br /> thence South 00°33'26"West, a distance of 41.14 feet;thence North 89°52'36"West, a distance of 23.37 <br /> B-1 <br />