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<br />EXHIBIT B <br /> <br />All that certain existing exterior levee situate in the City of Redwood City, County of San Mateo, <br />State of California and being "Parcel S-5" and "Parcel S-6" as said Parcels are more particularly <br />described in that certain document entitled "Phelps Slough Boundary and Exchange Agreement", <br />which document was recorded February 22, 1974 in Volume 6557 of Official Records of San <br />Mateo County at Page 633. <br /> <br /> <br />RSP049\exhibitd <br /> <br />08/20/98 <br /> <br />- 11" <br />