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<br />Bankruptcy Judge, on Wednesday, Jannary 11, 1995 al 11:00 a. m. in her courtroom in the <br />frank L. Moss United Suter Courthouse, 350 South Main Street, Salt Lake Ciry, Utah <br />84101. Any objections to Iht Motion muss be submitted in writing, fled wish dre <br />Bankruptcy Court, and served en the undersigned counsel on or before January 3, 1444, <br />1995. Abunt timely filing and service of objUtions, or the resolution oC any timely filed <br />and served objedions, the hearing may be slacken and the mlief requested may be goofed <br />without Further tinting. <br />NOTICE is further given than the proposed sale of the Powell Canyon Tract to <br />Trinidad Properties North, Inc. in the amount of 5300,000.00 is subjat so higher and better <br />offers. Any parry wishing to submit a higher hsd on the Powell Canyon Tract, subject to the <br />same terms and conditions as ut forth in the Contract atuched as Exhibit I to the Motion, <br />may do so paor to 6;30 p.m. on January 5, 1995 by submitting such bid, together wiN <br />530,000 which shall serve as the wmest money deposit pursuant to paragraph 3(a) of the <br />Contract, to: <br />Scar C. King, Responsible Director <br />Ernst & Young <br />301 Grant Street <br />One Oxford Centre <br />Pittsburgh, PA 15219 <br />Telephone No: (412) 644700 <br />FAX No: (412) 64d-Ob76 <br />With a copy to <br />Weston L. Harris <br />RAY, QUINNEY & NEBEKER <br />79 South Main <br />P. O. Box 45385 <br />Salt Lake City, Utah 84145 <br />Telephone No. (801) 532-1500 <br />FAX No: (801) 5)2-7543 <br />If a higher bid or bids are received, Reorganized CF&I SteU Corporation will uhedule and <br />conduct an auction sale of the assess of lht Powell Canyon Tract with all parties submitting <br />i <br />offers of 5300,000.00 or more, entitled to participate. The auction sale shall be wnducted <br />paor to Iht heating on the Motion. The lime, manner and rules of any auction will be <br />i <br />provided to persons panicipaung in the auction. <br />~ Also, any persons seeking (unher information concerning the proposed sale of the <br />Powell Canyon Tract ran conuct the above-named persons. <br />DATED This 41f~ day of December, 1994. <br />RAY1,~Q'UINNEY /& N``E''BE~~K--E~~R-- <br />gy l~an r • !J <br />Weston L. Harris <br />Elaine A. Monson <br />,am ov.. <br />2 ~ <br />