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<br />EXHIBIT B <br /> <br />Description of Tax Increment <br />District No. 11 <br /> <br />CITY OF RAMSEY <br /> <br />The legal description or parcel identification number(s) of property, that comprises the <br />entirety of the above referenced Development District in the City of Ramsey, Anoka <br />County, Minnesota, is (are) as follows: <br /> <br />All that part of OUTLOT AA, RAMSEY TOWN CENTER ADDITION, according to the <br />recorded plat thereof, Anoka County, Minnesota, described as follows: <br /> <br />Beginning at the northeast comer of said OUTLOT AA; thence on an assumed bearing of <br />WEST, along the northerly line of said OUTLOT AA, for 322.44 feet; thence on a <br />bearing of SOUTH for 124.54 feet; thence southeasterly for 52.36 feet along a tangential <br />curve concave to the northeast, radius 250.00 feet and central angle 12 degrees 00 <br />minutes 00 seconds, thence South 12 degrees 00 minutes 00 seconds East for 144.84 feet; <br />thence southeasterly, southerly and southwesterly for 156.31 feet along a tangential curve <br />concave to the west, radius 250.00 feet and central angle 35 degrees 49 minutes 27 <br />seconds; thence South 23 degrees 49 minutes 27 seconds West for 54.25 feet to the <br />southwesterly line of said OUTLOT AA; thence South 66 degrees 10 minutes 33 seconds <br />East, along said southwesterly line, for 349.45 feet to the most southerly comer of said <br />OUTLOT AA; thence North 03 degrees 49 minutes 27 seconds East, along the easterly <br />line of said OUTLOT AA, for 58.84 feet to a point of curvature in said easterly line; <br />thence northerly for 30.70 feet, along said easterly line, along a tangential curve concave <br />to the west, radius 460.00 feet and central angle 03 degrees 49 minutes 27 seconds, to a <br />point of tangency in said easterly line; thence on a bearing of NORTH, along said <br />easterly line, for 572.55 feet to the point of beginning. <br /> <br />Parcel Number 28-32-25-42-0014 <br /> <br />1954494v3 <br /> <br />B-1 <br /> <br />-179- <br />