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i• <br />EXHIBIT B <br />PROJECT DESCRIPTION <br />The Project consists of the construction of a golf course <br />consisting of the improving and construction of all land therefor, <br />including the construction of a clubhouse and a maintenance <br />building, all of such construction and related improvements to be <br />made on the following described real estate acquired or to be <br />acquired by the Authority: <br />A part of the Southwest Quarter (SW;) of Section 20, the <br />Northwest Quarter (NW;) and the Southwest Quarter (SW;) <br />of Section 29, and the Southeast Quarter (SE ;) and the <br />Northeast Quarter (NE ;) of Section 30 all in Township 38 <br />I~ <br />North, Range 2 East, German Township, St. Joseph County, <br />Indiana, more particularly described as follows: <br />Commencing at the South Quarter (S ;) corner of Section <br />20, also being the North Quarter (N;) corner of Section <br />29; thence South 00° 10' 44" East (this and all <br />subsequent bearings being referenced to the east line of <br />the Southwest Quarter (SW;) of Section 20 which has a <br />Grid Bearing of North 00° 19' S3" West) a distance of <br />970.00 feet along the East line of the Northwest Quarter <br />(NW ;) of Section 29, to the Point of Beginning of this <br />description; thence South 00° 10' 44" East a distance of <br />1677.30 feet along the north/south quarter section line <br />of Section 29 to the center of Section 29; thence <br />. continuing South 00° 10'.44" East a distance of 50.01 <br />